Tag: US economy
US CPI Data to Drive Market Focus in Coming Week
After the surprising return of Donald Trump to the White House, the markets are experiencing a period of euphoria. Wall Street, Bitcoin, and the...
October CPI Preview: Disinflation Challenges Ahead – Action Forex
The October Consumer Price Index is expected to show slow progress in reducing inflation. The headline CPI is projected to have increased by 0.2%...
ISM Services Index Reaches 27-Month High in October
The ISM Services index surprised analysts by rising to 56.0 in October, exceeding the expected pullback to 53.8. This marks the highest level since...
US Trade Deficit Widens Slightly in September to $84.4 Billion
In September, the US trade deficit widened slightly to $84.4 billion, compared to the prior deficit of $70.4 billion. The increase in the deficit...
US Economy Performance and Inflation Outlook by Fed’s Bostic | Forexlive
The US economy's performance and inflation outlook were discussed by Fed's Bostic in a recent update. Bostic emphasized the importance of considering the risks...
US Data Analysis: Justifying a Rate Cut Decision
The recent market turbulence has been causing anxiety among investors, with fears of a US recession prompting calls for aggressive rate cuts by the...
Chicago Fed President Goolsbee’s Plan to Fix Deteriorating Economy
Chicago Federal Reserve President Austan Goolsbee recently addressed concerns about the deteriorating economy during an interview at Jackson Hole on August 8, 2023. Goolsbee...