US Manufacturing Sector Shows Signs of Meaningful Slowdown The US manufacturing sector experienced a significant downturn in December, according to data released by the Philadelphia Federal Reserve Bank on December 19th.The manufacturing index plummeted to -16.4, a stark contrast to November’s -5.5 and the lowest point in nearly two years. This dramatic drop signals a … Read more
Inflation Fears Grip US Bond Market as Fed Rate Cuts Slow Table of Contents Inflation Fears Grip US Bond Market as Fed Rate Cuts Slow Fed Rate Cut Outlook: Experts weigh In on 2024 and Beyond The Shadow of Tariffs Fed Holds Steady on Interest Rates Amid Economic Uncertainty Global Chip Shortage Continues to Squeeze … Read more
Fed Meeting: Will Rate Hike clues Decide the Fate of US Stocks? Table of Contents Fed Meeting: Will Rate Hike clues Decide the Fate of US Stocks? US Stock Market Faces Headwinds Amidst Shifting Fed Expectations Thomson Reuters reinforces Commitment to Ethical Conduct Will the Fed’s Rate Hike clues Determine the Fate of US Stocks? … Read more
Gold futures surged on Friday, December 6th, buoyed by a U.S. jobs report that signaled a gradual cooling of the labor market. This growth is expected to encourage the Federal Reserve to further reduce interest rates. The COMEX gold contract for February delivery climbed $11.20, or 0.42%, to settle at $2,659.60 per ounce. While U.S. … Read more
Mexico City. In the midst of a United States Federal Reserve (Fed) that is in no hurry to continue with its movements to lower its interest rate and given the expected decision of the Bank of Mexico (BdeM) to cut its reference rate this Thursday, The Mexican peso had an initial upward reaction, but closed … Read more
Table of Contents 1 A close friend of the Trump family for thirty years 2 Past alliances with Democrats 3 First gay member of a Republican cabinet 4 **Given Bessent’s stated intention to “do what Donald Trump wants” and his relationship with George Soros, what are the potential implications for the independence of the Treasury … Read more
Washington. Widespread deportation of foreign-born workers from the United States would likely disrupt some businesses, but the impact on inflation and the broader economy would depend on the details, Minneapolis Federal Reserve Bank President Neel Kashkari said Sunday. . Kashkari, in his appearance on the CBS program “Face the Nation,” offered his point of view … Read more
The Federal Reserve cut interest rates by 25 basis points, as expected, two days after the election that returned Donald Trump to the White House. “Recent indicators suggest that economic activity has continued to expand at a steady pace. Since earlier in the year, labor market conditions have generally eased and the unemployment rate has … Read more
Santiago. Copper could temporarily rebound to $10,000 a ton next week due to relief measures from China and the Federal Reserve (Fed), as well as the outcome of the US presidential election, Citi said on Monday. The rise could occur due to greater equity risk in the event of a victory for Republican Donald Trump … Read more
Washington. A “substantial majority” of Federal Reserve (Fed) officials in September supported ushering in an era of looser monetary policy with a half-percentage point cut in rates, but there appeared to be even broader agreement that the The initial measure did not commit it to any particular rate of reductions, according to the minutes of … Read more