Inflation pressures in Australia's economy are now projected to ease at a slower pace than previously anticipated, according to Marion Kohler, acting chief economist at the Reserve Bank of Australia.…
Australian consumer confidence has reached its highest level since February, thanks to the Reserve Bank of Australia's decision to keep interest rates steady ahead of the Christmas shopping season. According…
Introduction Bank of Canada Governor, Tiff Macklem, has expressed concerns over the country's economy in the first half of 2024, before anticipating a subsequent rebound in growth. This cautionary prediction…
What's Happening The yield on the 2-year Treasury (BX:TMUBMUSD02Y) dropped 2.6 basis points to 4.442%. The yield on the 10-year Treasury (BX:TMUBMUSD10Y) decreased by 2.8 basis points to 3.911%. The…
The president of the Richmond Federal Reserve, Thomas Barkin, has expressed optimism about the central bank's efforts to curb inflation. In a recent interview with Yahoo Finance, Barkin acknowledged positive…
The U.S. stock market is bracing for what BlackRock calls "another year of flip-flopping market narratives." The recent decline in inflation could easily reverse course and catch investors off guard,…
By Brian Swint The European Central Bank (ECB) has announced that it will be leaving interest rates unchanged for the time being. This decision comes as both the U.S. Federal…
The jobless rate in Spain saw a slight decline, ending the year on a relatively stable note, according to data from the national statistics agency INE. The rate dropped to…
The Social Security Administration is set to announce a projected 3.2% raise for Social Security recipients in 2024. While this adjustment is higher than average, it may not be enough…
The recent surge in Treasury yields has dealt a heavy blow to producers of metals and other raw materials. Analysts and investors are interpreting these yield increases as a sign…
President Joe Biden and former President Donald Trump are making their way to Michigan to show support for the United Auto Workers (UAW) who are currently on strike. While President…
Australia's monthly consumer price index (CPI) rose 5.2% year-on-year in August, putting the Reserve Bank of Australia on alert for a potential interest rate increase by the end of the…