Fed Rate Cut Anticipated In June 2024 Amid Easing Inflation And Robust Consumer Spending
The Federal Reserve is expected to maintain its current rates, as traders forecast the first rate cut to occur in June 2024, based on
Consumer sentiment improves, but higher gas prices and falling stock market add to angst
The numbers: Consumer sentiment improved slightly at the end of October, but higher gas prices left people more worried about inflation. The final reading
RBI Raises Non-callable Bank FDs Cap and Mandates CICs for Improved Customer Service
The Reserve Bank of India (RBI) has recently raised the cap for non-callable bank fixed deposits (FDs) to Rs 1 crore, marking a significant
Inflation rises faster than expected, Fed’s preferred PCE price tracker shows
The numbers: The cost of goods and services rose a higher-than-expected 0.4% in September, keeping the pressure on the Federal Reserve as it weighs
EKJFX Mutual Fund Underperforms With High Volatility and Low Returns
San Francisco-based EKJFX mutual fund, part of the Allspring family, has been struggling with underperformance and high market volatility, according to a recent analysis.
Opinion: China is ignoring the painful reality threatening its economic growth
Chinese President Xi Jinping recently sought to assure a bipartisan delegation of U.S. senators that China and the United States could still avoid a military confrontation
Inflationary Pressure Mounts As PCE Indices Exceed Federal Reserve’s Target
The Federal Reserve’s Core Personal Consumption Expenditures (PCE) Deflator for September dipped to a four-month low of 3.7% year-on-year (YoY), while the Headline PCE
Elon Musk to provide Starlink internet connectivity to aid organizations in Gaza
Elon Musk said that the SpaceX-owned satellite internet constellation, Starlink, will support internet connectivity to internationally recognized aid organizations in Gaza in a post
Lula says no need to erase Brazil’s fiscal deficit next year
By Lisandra Paraguassu BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Friday that his government does not need to erase its
Pro-Palestine protesters march through London demanding an Israeli ceasefire in Gaza
Pro-Palestine protesters marched through the streets of London on Saturday demanding an Israeli ceasefire in Gaza. A large crowd gathered in Victoria Embankment Gardens
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