June U.S. PCE Inflation Data: Core Inflation Matches Estimates, Market Anticipates Fed Rate Hold and Cuts
In June, the Personal Consumption Expenditures (PCE) inflation rate was reported at 2.6%, surpassing the expected 2.5%. At the same...
In June, the Personal Consumption Expenditures (PCE) inflation rate was reported at 2.6%, surpassing the expected 2.5%. At the same...
On Wednesday, the British pound surged to its highest level in over a year, exceeding $1.30. This increase came after...
1. Interest Rate Decision: - The Federal Reserve has decided to hold interest rates steady at the 5.25%-5.50% range for...
The Reserve Bank of India (RBI) has kept interest rates unchanged:- Actual: 6.50%- Expected: 6.50%- Previous: 6.50%In addition, the RBI...
Federal Reserve Chair Jerome Powell anticipates a continued decline in U.S. inflation through 2024, resembling the trend observed last year....
The Federal Reserve has decided not to reduce interest rates, maintaining them at the current level of 5.50%, consistent with...
Morgan Stanley noted that the current earnings season has seen a notable high beat rate, but the response in stock...
The Commerce Department's Bureau of Economic Analysis reported a moderate increase in U.S. inflation for March, with the Personal Consumption...
In the first quarter, the United States' GDP growth rate was 1.6%, below the anticipated 2.5% and lower than the...
Volatility index, $VIX, experienced a significant surge of 23% this week. This marks the largest weekly jump since September 2023,...
The FOMC has decided to keep rates unchanged, maintaining the target range at 5.25% - 5.50%. Additionally, there is no...
The issuance of new loans under the Bank Term Funding Program ends as scheduled on March 11. Eligible institutions can...