Tag: US economy

People were out shopping at a Walmart in Rosemead, California, on April 11, 2025. The scene was bustling as customers browsed the aisles for deals and essentials. President Donald Trump took to Truth Social...

U.S. President Donald Trump was spotted hanging out with Canadian Prime Minister Mark Carney (he didn't want to be in the picture) in the Oval Office at the White House in Washington, D.C., U.S....

So, like, the White House totally slammed Amazon on Tuesday for, like, planning to show the cost of Trump's tariffs next to product prices, which is apparently a big no-no in their book. White...

Federal Reserve Navigating Uncertainty Amid Trump Policy OutcomesAs Federal Reserve Chair Jerome Powell testified before a Senate committee in Washington, D.C. on the Semiannual Monetary Policy Report to Congress, the central bank's officials grappled...

Former Dallas Fed President Robert Kaplan is advocating for a bold move at the upcoming Federal Reserve meeting - a half-point interest rate cut. In an interview with CNBC, Kaplan expressed his belief that...

Today, we will be discussing the importance of the US Non-Farm Payrolls (NFP) report and how the distribution of forecasts can impact market reactions. The NFP report is a key economic indicator that provides...

The latest update from the Atlanta Federal Reserve shows a slight downgrade in the GDP growth estimate for the third quarter of this year. The estimate now stands at 2.5%, down from the previous...

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...

US MBA Mortgage Applications decreased by 3.9% for the week ending July 26th. This decline in mortgage applications may indicate a slowdown in the housing market. It is important for investors to be aware...

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 Federal Reserve is eagerly awaiting the release of key economic data this week to gain a better understanding of the current state of growth and inflation in the US. The upcoming Preliminary GDP...

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...

Goldman Sachs recently made a prediction about the US economy, stating that they expect a soft landing. They also anticipate that the Federal Reserve will cut interest rates in September. This news has caught...

GBP/USD saw a rise above 1.2800 after the release of US NFP figures on Friday. The positive data sparked a risk rally in the market, leading to increased optimism among investors. This surge in...

US Treasury yields continued to rise in the forex markets on July 1, with the NASDAQ index starting strong and closing at a record level. Former Fed Governor Clarida predicted one Fed rate cut...

The Cleveland Federal Reserve has reported a 0.2% monthly increase in PCE inflation. This means that prices for goods and services have gone up slightly in the past month. The median inflation rate is...

USD/CAD has seen little movement around the 1.3700 level following the release of key economic data for both Canada and the US. The Canadian GDP figures for April showed a 0.3% increase, indicating a...

Gold prices took a hit on Wednesday as the US Dollar strengthened, driven by the surge in US Treasury yields, ahead of the upcoming release of the Personal Consumption Expenditures (PCE) Price Index report...

US housing starts for the month of May came in lower than expected at 1.277 million, missing the 1.370 million forecast. Additionally, initial jobless claims were reported at 238,000, slightly higher than the estimated...

We are approaching the end of the second quarter, and while we are still some time away from getting the official GDP numbers, the latest estimates from the Atlanta Fed are showing strength. This...