Tag: Inflation
August 2024 Jobs Report: Latest Updates and Analysis
The U.S. economy added slightly fewer jobs than anticipated in August, signaling a slowdown in the labor market and potentially paving the way for the Federal Reserve to reduce Interest
DetailFed to Ease Gradually Due to Ongoing Inflation Challenges, Says Fitch
The Federal Reserve is expected to begin a “mild” easing cycle in September, according to Fitch. The ratings agency predicts that the Central bank will cut rates by 25 basis
DetailFed Governor Waller Supports Interest Rate Cut at September Meeting, Open to Further Reductions
Federal Reserve Governor Christopher Waller expressed support for an interest rate cut at the upcoming Central bank policy meeting, indicating a willingness for a substantial reduction if necessary. In prepared
DetailBank Indonesia expected to hold interest rates on Sept 18 with possibility of cut in Q4: Reuters poll
Bank Indonesia is expected to maintain its Interest rates unchanged in the upcoming week to support the rupiah. However, a rate cut is anticipated in the next quarter following the
DetailBank of England Pauses Rate Cuts, Shifts Focus to Bond Sales
An interest rate cut from the Bank of England next week seems unlikely, but investors are eagerly awaiting its September meeting for indications about future monetary policy decisions and the
DetailAugust 2024 Deflation Breakdown: A Detailed Analysis in One Chart
In August, Inflation eased to its lowest level since February 2021, marking a trend known as “disinflation” where prices are still rising but at a slower pace. While there are
DetailThe U.S. Latino economic output reaches $3.6 trillion according to a new report
The U.S. Latino economy has experienced a significant growth of 13%, expanding from $3.2 trillion in 2021 to $3.6 trillion in 2022, as reported by the Latino Donor Collaborative and
DetailWeekly jobless claims in the US increase slightly as producer prices surpass expectations.
The latest data from the Labor Department shows a slight increase in new applications for unemployment benefits in the U.S. last week, indicating that layoffs remain low even as the
DetailWholesale Prices Increase by 0.2% as Expected
Wholesale prices increased in August, aligning with expectations, marking the final Inflation data point ahead of the Federal Reserve’s anticipated interest rate cut. The producer price index (PPI), a gauge
DetailGlobal rate cutting cycle accelerates: Reuters
Interest rate cuts are in full swing as major central banks around the world take action. The European Central bank recently lowered its rates for the second time this year,
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