Economy
Economy News
More inflation progress needed before rate cuts — Mester
14.06.2024
More inflation progress needed before rate cuts — Mester
Investing.com — Progress is being made regarding inflation, according to Cleveland Federal President Loretta Mester, but more is needed before…
UBS still looks for BOJ hike in Ocotber
14.06.2024
UBS still looks for BOJ hike in Ocotber
Investing.com — The Bank of Japan surprised many by delaying the start of its bond buying, so-called quantitative tightening, at…
Soft inflation figures point to easing in Fed’s preferred inflation gauge — BofA
14.06.2024
Soft inflation figures point to easing in Fed’s preferred inflation gauge — BofA
Investing.com — Softer-than-anticipated U.S. producer and consumer price data this week suggests a cooling in the personal consumption expenditures (PCE) price…
BOJ keeps rates steady, to decide on bond buying cuts at next meeting
14.06.2024
BOJ keeps rates steady, to decide on bond buying cuts at next meeting
Investing.com— The Bank of Japan kept interest rates steady as widely expected on Friday, and said it will only decide…
Weekly initial jobless claims rise 242,000, more than expected
13.06.2024
Weekly initial jobless claims rise 242,000, more than expected
Investing.com — The number of Americans filing for first-time unemployment benefits rose by more than anticipated last week, pointing to…
Fed rate outlook, Tesla shareholder vote on Musk pay deal — what’s moving markets
13.06.2024
Fed rate outlook, Tesla shareholder vote on Musk pay deal — what’s moving markets
Investing.com — U.S. stock futures point to a mixed open on Wall Street, after the Federal Reserve signaled it expects to…
Goldman still expects two Fed rate cuts this year despite hawkish dot plot
13.06.2024
Goldman still expects two Fed rate cuts this year despite hawkish dot plot
The June dot plot surprised the markets with a more hawkish stance, showing a median projection of one rate cut…
CPI: 3 Wall Street economists react to today’s inflation numbers
13.06.2024
CPI: 3 Wall Street economists react to today’s inflation numbers
Following the latest US inflation data, Wall Street economists have been quick to offer their views on the numbers. After…
Fed keeps rates steady, but sees just one cut for this year in hawkish surprise
12.06.2024
Fed keeps rates steady, but sees just one cut for this year in hawkish surprise
Investing.com — The Federal Reserve kept interest rates unchanged on Wednesday, but in a hawkish surprise the central bank now…
WATCH LIVE: Fed Chair Jerome Powell Holds Press Conference
12.06.2024
WATCH LIVE: Fed Chair Jerome Powell Holds Press Conference
Investing.com — Federal Reserve Chairman Jerome Powell answers reporters’ questions following the FOMC’s decision on interest rates. — June 12,…