Market Predictions Shift: Fed Rate Cut Now Seen as June EventIn a shift from earlier market predictions, three leading brokerages have now set their sights on June for the anticipated U.S. Federal Reserve rate cut. The release of the Fed’s January session minutes unveiled a palpable sense of uncertainty among officials, causing deep discussion on maintaining the current borrowing cost range of 5.25%-5.50% to achieve […] READ MORE Fed's Hesitation on Rate Cuts Sends Oil Markets DownwardOil prices took a hit, falling over 2% as the Federal Reserve hinted at delaying interest rate cuts. With Brent crude futures tumbling down to $81.78 a barrel and U.S. West Texas Intermediate crude also taking a significant dip to $76.73, the oil market is bracing for a weekly downturn. Despite this week’s fall, with […] READ MORE De-Dollarization: A Gradual Shift from US Currency ControlThe US dollar’s role as the global reserve currency is being challenged due to its use as a financial tool against countries like Russia and Iran. This has motivated nations, including the BRICS, to seek alternatives to the dollar, such as new international currencies and diversifying trade currencies, particularly in oil. While the shift away […] READ MORE Fed's Hesitation on Rate Cuts Risks Economic Stability, Experts WarnEconomists are sounding alarms that the Federal Reserve might be on the brink of repeating past mistakes, this time by delaying interest rate cuts, potentially ushering in a recession. After admitting to being tardy in raising rates amidst the inflation surge of 2021 and 2022, the Fed now faces criticism for possibly acting too sluggishly […] READ MORE The Looming Threat of Empty Office BuildingsThe commercial real estate sector is facing a crisis, made worse by the pandemic’s effect on office occupancy. Triggered partly by the 2008 Great Recession’s low-interest rates, which fueled investments in real estate, the sector is now under strain as loans become problematic due to vacant buildings. This situation not only affects landlords and banks […] READ MORE The CPI Metric That’s Lower Today Than It Was in 1800Most people think prices just always go up. But that depends on how you measure the price. One asset shows that that’s not always the case. READ MORE Concerns Arise Over CPI Data Accuracy with Response Rates LaggingThe consumer price index continued to draw relatively weak response rates in 2023, calling into question the accuracy of the widely watched US inflation data.The share of completed surveys that were used in the CPI estimation stood at 71% in 2023, the Bureau of Labor Statistics said Friday. While that’s been ticking up in recent […] READ MORE Mortgage Rates Continue to Climb in FebruaryMortgage rates have risen above 7%, reaching a two-month peak and sustaining this level for over a week, indicating a potential shift in home affordability trends. This escalation reflects the highest rates since late November, with the average for a 30-year fixed loan now at 7.16%. The increase is making it even more difficult for […] READ MORE Argentina's Inflation Eases in Milei's Debut Month Amid Economic OverhaulIn President Javier Milei’s first full month in office, Argentina saw a monthly slowdown in consumer price inflation to 20.6%, slightly below the anticipated 21%. Annually, inflation surged to 254.2%, marking the highest rate since the early 1990s post-hyperinflation period. Milei’s economic measures, including a 54% devaluation of the peso and lifting price freezes, contributed […] READ MORE « Previous 1 … 48 49 50 51 52 … 78 Next »