Tag: US economy

After the surprising return of Donald Trump to the White House, the markets are experiencing a period of euphoria. Wall Street, Bitcoin, and the US dollar have all seen significant gains. Treasury yields have...

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% in October, bringing the 12-month change in consumer prices to...

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 July 2022. The employment sub-index also saw a significant increase...

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 was primarily driven by a rush to import items ahead...

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 associated with foreign exchange trading, highlighting the high level of...

The recent market turbulence has been causing anxiety among investors, with fears of a US recession prompting calls for aggressive rate cuts by the Fed. The market has already priced in some easing, but...

Chicago Federal Reserve President Austan Goolsbee recently addressed concerns about the deteriorating economy during an interview at Jackson Hole on August 8, 2023. Goolsbee emphasized that the central bank would closely monitor any signs...