On April 26, 2024, the US Bureau of Economic Analysis released the latest Personal Consumption Expenditures (PCE) data, which is a significant indicator of inflation and consumer spending in the United States.
Read More
Recent economic reports have highlighted that inflationary pressures in the United States are persisting, with both consumer and wholesale prices showing increases that surpassed expectations.
Read More
The recent release of the UK's economic data has painted a nuanced picture of an economy grappling with the onset of a technical recession, persistent inflation, and a labor market that is sending mixed signals.
Read More
Due to increased attacks in the Red Sea, commercial ships passing through the Suez Canal have had to reroute.
Read More
On January 31, 2024, the Federal Reserve concluded its first monetary policy meeting of the year, deciding to maintain the benchmark interest rate steady within the target range of 5.25% to 5.5%.
Read More.jpg)
European Central Bank (ECB) meeting focused on maintaining a tight monetary policy stance.
Read More.png)
On Tuesday, a soft U.S. inflation reading raised hopes that the Federal Reserve is nearing the end of its interest rate-hiking cycle.
Read More
The latest U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) data suggest a significant cooling of inflationary pressures, a development with profound implications for the Federal Reserve's monetary policy.
Read More.png)
U.S. and Chinese Leaders Set for Key Meeting: President Joe Biden and China’s Xi Jinping are scheduled for an in-person meeting in San Francisco, marking their first face-to-face encounter in a year.
Read MoreLOADING...