Browsing Tag
inflation
12 posts
BOJ’s Most Hawkish Board Member Calls for Rate Hike to 1% by 2026, Yen Strengthens
Bank of Japan (BOJ) Board Member Naoki Tamura has signaled a significant shift in the central bank’s monetary…
US Economy Surges in Q2 Amid Slowing Labor Market, Corporate Profits Rebound
The U.S. economy grew at a faster pace than initially reported in the second quarter, reflecting robust consumer…
Median U.S. Worker Outpaces Inflation by $1,400 Annually Despite Rising Prices
In a striking contrast to prevailing concerns about rising costs, recent data reveals that the typical American worker…
Headline: Jerome Powell Signals Federal Reserve Rate Cuts at Jackson Hole Symposium
At the Jackson Hole Economic Policy Symposium on Friday, Federal Reserve Chair Jerome Powell confirmed what many financial…
Powell’s Jackson Hole Speech May Signal Pace of Upcoming Interest Rate Cuts
As anticipation builds for Federal Reserve Chair Jerome Powell’s speech at the annual Jackson Hole Economic Symposium, investors…
“UK Economy Shows Strong First Half Performance But Faces Uncertain Future Amid Slowdown Concerns”
The UK economy experienced a notable resurgence in the first half of 2024, surpassing growth expectations and outperforming…
US Stocks Climb as Inflation Hits 3-Year Low, Fed Rate Cut Bets Solidify
US stocks ended Wednesday’s session higher, buoyed by the lowest inflation reading in three years. Consumer prices rose…
Pound Surges Above $1.28 Following Unexpected Drop in U.K. Unemployment Rate
The British pound climbed to over $1.28 on Tuesday after the latest U.K. labor market data revealed an…
China’s Services Sector Surges in July, Beating Expectations Despite Manufacturing Slowdown
China’s services sector exceeded expectations in July, according to the latest Caixin PMI data, highlighting resilience amid a…
Bank of England Holds Interest Rates Steady Despite Achieving 2% Inflation Target
The Bank of England has decided to maintain its key interest rate at 5.25%, a level that has…