Tag: Economic outlook
Federal Reserve to Cut Interest Rates Despite US Election Uncertainty
The Federal Reserve has decided to cut interest rates despite the uncertainty surrounding the US election. This move comes as a surprise to many, as typically the Fed tries to avoid making major policy...
UK Borrowing Costs Surge to Post-Election High Ahead of Reeves’ Budget
UK borrowing costs have surged to their highest level since the last general election, as investors brace for the upcoming budget announcement by Chancellor Rachel Reeves. The yield on 10-year UK government bonds rose...
Consumer confidence miss causes 2-year Treasury yield to drop
Consumer Confidence Report Causes 2-Year Treasury Yield to DecreaseOn Tuesday, the 2-year U.S. Treasury yield saw a slight decrease as investors analyzed a consumer confidence report that fell below expectations. The yield on the...
Fed’s Preferred Price Gauge Signals Potential Rate Cuts: Economic Week Highlights
Fed's Preferred Price Gauge Signals Potential Rate Cuts: Economic Week HighlightsUS inflation figures in the coming week will reinforce that long-awaited interest-rate cuts are coming soon, while a reading on consumer spending is seen...
US Core CPI Forecast: Goldman Sachs Predicts July Numbers Below Estimates
US Core CPI Forecast: Goldman Sachs Predicts July Numbers Below EstimatesThe upcoming release of the US CPI report on Wednesday is eagerly anticipated by market participants as it will provide valuable insight into the...