In June, the Personal Consumption Expenditures (PCE) inflation rate was reported at 2.6%, surpassing the expected 2.5%. At the same time, Core PCE inflation, which […]
Tag: Federal Reserve
Goldman Sachs Raises U.S. Recession Probability to 25% Amid Recent Unemployment Data; Forecasts Federal Reserve Rate Cuts
Goldman Sachs has raised its estimate of the likelihood of a U.S. recession within the next year to 25%, up from the previous 15%. This […]
Federal Reserve Holds Interest Rates Steady at 5.25% – 5.50%
The Federal Reserve has decided to keep interest rates steady at 5.25% – 5.50%. Fed Chair Jerome Powell recognized the recent reduction in inflationary pressures, […]
Pound Soars to One-Year High as UK Inflation Exceeds Expectations and US Rate Cuts Loom
On Wednesday, the British pound surged to its highest level in over a year, exceeding $1.30. This increase came after the release of data indicating […]
Federal Reserve Chair Jerome Powell’s Outlook on U.S. Inflation and Monetary Policy: Insights and Caution
Federal Reserve Chair Jerome Powell anticipates a continued decline in U.S. inflation through 2024, resembling the trend observed last year. However, he acknowledges a decrease […]
Federal Reserve Holds Interest Rates Steady at 5.50% and Plans to Slow Balance-Sheet Reduction
The Federal Reserve has decided not to reduce interest rates, maintaining them at the current level of 5.50%, consistent with the previous rate. Market expectations […]
Analyzing Morgan Stanley’s Insights: Navigating Earnings Season Amidst Rate Pressures
Morgan Stanley noted that the current earnings season has seen a notable high beat rate, but the response in stock prices has been subdued. They […]
U.S. Inflation Moderately Rises in March, Fed Expected to Hold Rates Until September
The Commerce Department’s Bureau of Economic Analysis reported a moderate increase in U.S. inflation for March, with the Personal Consumption Expenditures (PCE) price index rising […]
US Economy Slows More Than Forecasted in Q1 2024: A Comprehensive Overview
In the first quarter, the United States’ GDP growth rate was 1.6%, below the anticipated 2.5% and lower than the previous quarter’s 3.4%. In the […]
US Consumer Inflation Continues to Surge, Dampening Prospects of Fed Rate Cut
US consumer inflation accelerating to 3.5% in March. Inflation in the United States showed further acceleration in the most recent month, as reported by the […]
Market Watch: Treasury Yields Retreat Ahead of Inflation Data Release
Treasury yields are falling in anticipation of the U.S. CPI release. Treasury yields are relinquishing some of their recent gains ahead of tomorrow’s release of […]
Bank Term Funding Program Update: Ceasing New Loans, Adjusted Interest Rates, and Implications for Market Stability
The issuance of new loans under the Bank Term Funding Program ends as scheduled on March 11. Eligible institutions can continue accessing the program for […]