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 […]
Tag: Rate cuts
U.S. CPI Surges Exceed Expectations Third Time in a Row: Implications for Rate Cuts
For the third time in a row, the U.S. Consumer Price Index (CPI) has exceeded expectations, propelled by surges in gasoline and energy prices, as […]
Inflation Dilemma: Fed Official Warns of Possible Rate Hikes Amidst Market Expectations for Cuts
Despite widespread market expectations for a rate cut this year, a senior Federal Reserve official, Austan Goolsbee, warns that persistent inflation may result in a […]