Tag: Inflation

Amid the bustling waterfront of Portland, Maine, U.S., shadows of shoppers fall on the pavement as they navigate the streets with their bags in tow. This picturesque scene belies a deeper truth - cracks...

The Federal Reserve is coming close to meeting its inflation target, but the issue of high prices on goods and services still remains a significant concern for individuals, businesses, and policymakers across the U.S....

Jamie Dimon, the Chairman and Chief Executive Officer of JPMorgan Chase & Co., recently spoke at the Economic Club of New York in Manhattan, where he warned of a possible stagflation scenario. Despite his...

US Vice President Kamala Harris is currently in the process of developing her economic policy plan with the help of economist Brian Deese, a former director of President Joe Biden's National Economic Council. Deese,...

The EUR/USD pair saw a rebound on Friday after poor US Nonfarm Payroll (NFP) data led to a decline in the value of the Greenback. This drop in the US Dollar was a result...

The Federal Reserve decided to keep interest rates steady at 5.25-5.50%, a move that was widely expected. The decision was made with a unanimous vote among Fed officials. The statement released by the Fed...

The Federal Open Market Committee (FOMC) recently released its June statement, outlining key highlights and analysis for the current economic situation in the United States. The statement emphasized that economic activity has been expanding...

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to understand that leverage can increase the level of risk and potential losses. Before engaging in...

The Bank of Japan recently conducted a comprehensive review of its past policies, signaling a potential shift in its approach to inflation. According to Reuters, this review is expected to lay the groundwork for...

The US Dollar, as measured by the DXY Index, faced some challenges in bouncing back after the release of mixed Personal Consumption Expenditures (PCE) data. There is uncertainty in the market regarding a potential...

The Bank of Canada recently made the decision to lower the overnight rate to 4.50% from 4.75%, while also confirming that Quantitative Tightening (QT) will continue. In the statement released by the Bank, a...

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 June, the CFNAI fell to +0.05 from +0.23 in May,...

The upcoming week is packed with important economic events that could impact global markets. Here's a breakdown of some key events to keep an eye on:PBoC LPR (Mon): The People's Bank of China is...

According to experts, the Bank of Canada is expected to lower the benchmark interest rate to 4.5% in response to softer inflation in Canada in June. This anticipated rate cut follows a similar 25-basis...

Macquarie analysts have recently warned about the potential risks of the United States adopting populist economic policies, which they have dubbed "popunomics." According to these analysts, the traditional "neoliberal vision" of economic policy management...

China's Monetary Policy Framework Reforms: What You Need to KnowThe Governor of the People's Bank of China, Pan Gongsheng, recently gave a speech at the Lujiazui Forum where he discussed China's monetary policy framework....

In a recent speech, Fed Governor Adriana Kugler highlighted the ongoing trend of decreasing inflation across various price categories. Despite some challenges earlier in the year, she mentioned that supply and demand are gradually...

Federal Reserve officials will be speaking on Wednesday, July 17, 2024, to provide updates on the economy. Thomas Barkin, President of the Federal Reserve Bank of Richmond, will be sharing his thoughts on the...

The International Monetary Fund (IMF) recently issued a warning about the increasing risks of inflation, which could impact the possibility of multiple interest rate cuts by the Federal Reserve this year. According to the...

The Bank of Canada is set to meet on July 24, and many economists are predicting a rate cut. This prediction is further supported by the fact that interest rate derivatives are now indicating...

Foreign exchange trading is a risky business that may not be suitable for everyone. It involves leverage, which can increase the level of risk and potential losses. Before you start trading in the foreign...

Switzerland's producer and import prices in June remained steady at 0.0% month-on-month. This stability indicates that there was no increase or decrease in prices during this period.It is important to note that foreign exchange...

JPMorgan Chase CEO Jamie Dimon recently shared his concerns about inflation and interest rates during an interview on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland. Despite some progress...

Last week, the US saw a significant selloff in mega-cap tech stocks following lower-than-expected inflation data. This led to a shift towards riskier areas of the market, with the Russell 2000 emerging as the...

Inflation has decreased significantly in the past two years, leading to some consumer prices deflating in the U.S. economy. Deflation refers to the rate at which prices are falling for consumer goods or services,...

It's already halfway through 2024, and the countdown to the US presidential election has begun. While geopolitical tensions like the Ukrainian-Russian conflict and Israeli-Hamas situation are ongoing, the focus has shifted towards political risks...

Inflation in June continued to decrease as lower gasoline prices and easing price pressures provided some relief for consumers. According to the U.S. Labor Department, the consumer price index (CPI) rose by 3% in...

The Pound Sterling saw a significant increase in value against the US Dollar as a result of positive data from the UK and disappointing US inflation numbers. This led to the GBP/USD pair trading...

Central banks play a crucial role in maintaining price stability within a country or region. This is achieved by managing inflation and deflation through the adjustment of the policy rate. For major central banks...

The Reserve Bank of New Zealand decided to keep its cash rate on hold at 5.5%, as most people expected. After the announcement, the NZD/USD dropped, hinting at a potential rate cut in the...

Oh no, why do people get so scared when they hear the word "correction"? It's like the end of the world when the market drops a few percent. But corrections are actually necessary and...

Jerome Powell, the chairman of the US Federal Reserve, expressed his concerns about the potential negative impact of keeping interest rates high for extended periods on economic growth. He highlighted the strength of the...

Jerome Powell, Chairman of the US Federal Reserve (Fed), recently delivered the Semi-Annual Monetary Policy Report and responded to questions from the Senate Banking Committee. Powell highlighted several key points during his speech, emphasizing...

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 poll suggests that the rate is expected to be cut...

Consumer price inflation likely increased slightly in June compared to May but continued to follow a downward trend overall. It is estimated that the headline CPI rose by 0.1% in June, with lower gasoline...