Economy

U.S. Inflation Cools in June, Paving Way for Potential Fed Rate Cuts

In a significant turn of events for the U.S. economy, inflation cooled for the third consecutive month in June, providing…

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Fed Chair Powell’s Senate Testimony: Key Takeaways and Market Implications

Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee today, providing crucial insights into the Fed’s perspective on…

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Federal Reserve Holds Interest Rates Steady Amid Mixed Inflation Signals, Forecasts One Cut in 2024

The U.S. Federal Reserve announced Wednesday that it will keep its benchmark interest rate unchanged at around 5.3%, signaling a…

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European Central Bank Follows Canada, Cuts Interest Rates to 3.75%

The European Central Bank (ECB) has reduced its main interest rate for the first time in five years, from a…

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Bank of Canada Cuts Interest Rates for First Time in Four Years, Signals More Rate Cuts to Come

The Bank of Canada (BoC) made a significant move by cutting its key interest rate to 4.75%, marking its first…

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Bank of Canada and European Central Bank Expected to Cut Interest Rates This Week

In a move that reflects both the domestic economic landscape and broader global trends, the Bank of Canada (BoC) is…

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Why the Housing Market Could Influence Swing State Voters in the 2024 Election

As the 2024 presidential election approaches, an intriguing factor has emerged as a potential influence on voter behavior: housing prices.…

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This Friday’s U.S. Inflation Data Will Be ‘Friendly’, Say Top Wall Street Economists

Will it be enough to put Federal Reserve interest rate cuts back on the table? Expectations about the future path…

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U.S. Inflation Cools For First Time This Year, All Eyes on Fed’s Next Move

U.S. inflation showed signs of easing in April, providing a tentative relief for the Federal Reserve and potential political reprieve…

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Trump v Biden: New Poll Identifies Inflation as Top Issue Heading Into 2024 Election

Bidenomics has not cut much ice with the American voters, with new poll results published on Sunday showing that voters’ approval…

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