Tag: economic forecast
September Inflation Rate Surpasses Expectations at 2.4%, Jobless Claims Reach Highest Since August 2023
In September, the inflation rate in the United States exceeded expectations, reaching 2.4%. This increase was driven by a 0.2% rise in the consumer...
Potential Recession Ahead: Jamie Dimon’s Outlook and Predictions
JPMorgan Chase CEO Jamie Dimon recently shared his thoughts on the current state of the U.S. economy, expressing his belief that the likelihood of...
Swiss KOF Index Drops to 101, Pointing to Moderate Growth – Action Forex
The Swiss KOF Economic Barometer took a slight dip from 102.7 to 101.0 in July, which was below the expected 102.6 mark. This decrease...
Chicago Fed Report: Economic Growth Decline in June
The Chicago Federal Reserve's National Activity Index (CFNAI) is a key indicator of economic activity and inflationary pressure, based on 85 monthly indicators. In...
Navigating Challenges: IMF’s Outlook on Inflation Trends
The International Monetary Fund (IMF) recently issued a warning about the increasing risks of inflation, which could impact the possibility of multiple interest rate...
Inflation Report: Traders Confident in Fed Rate Cut for Thursday’s Key Announcement
The inflation report that is highly anticipated is set to be released on Thursday and it may confirm the expectations for the Federal Reserve...
UK Data Analysis: Impact of Labour Win on Pound – Action Forex
The UK economy has shown signs of improvement, with GDP growing by 0.7% in the first quarter of the year. Analysts are now expecting...
Atlanta Fed GDPNow Forecast for Q2 2021 Upgraded to 2.0% Growth | Forexlive
The Atlanta Fed recently upgraded its GDP growth forecast for the second quarter of 2021 to 2.0%, up from the previous estimate of 1.5%...
Goldman Sachs Predicts Soft Landing for US Economy, Expects Fed Rate Cut in September
Goldman Sachs recently made a prediction about the US economy, stating that they expect a soft landing. They also anticipate that the Federal Reserve...
Bank of Korea to Maintain Rates in July, Cut 25 bps in Q4: Reuters...
The Bank of Korea (BOK) has decided to keep its policy rate at 3.50%, which is the highest in 15 years. However, a Reuters...
Breaking Financial News
CFPB Sues JPMorgan Chase, Bank of America, Wells Fargo for Zelle...
The CFPB Sues Major Banks Over Zelle Payment FraudIn a stunning turn of events, the Consumer Financial Protection Bureau (CFPB) has taken legal action...
