Tag: Interest Rates
Stocks Mixed as Investors Digest Inflation Data and Fed Projections
Stocks closed with mixed results on Wednesday as investors weighed the impact of a key inflation report and the Federal Reserve's latest projections for interest[more...]
RBI Maintains Status Quo on Repo Rate for Eighth Consecutive Time
The Reserve Bank of India (RBI) recently unveiled its latest bi-monthly monetary policy review, maintaining the benchmark policy rate, also known as the repo rate,[more...]
U.S. Economy Adds More Jobs Than Expected in May, Easing Pressure on Fed
The U.S. labor market demonstrated unexpected strength in May as the economy added significantly more jobs than anticipated. The Labor Department reported a gain of[more...]
Australia’s Economy Teeters on the Brink of Recession
The bad news on the economy continues to flow. The latest GDP figures reveal that the Reserve Bank of Australia (RBA) has achieved its wish[more...]
Nvidia’s All-Time High Sends Mixed Signals to Stock Market
Nvidia shares hit an all-time high, keeping the stock market steady as the Nasdaq achieved a new record, benefitting retirement accounts. The news of an[more...]
UK Inflation Slower Than Expected, Sterling Hits Two-Month High: BoE Rate Cuts in Jeopardy
The Pound Sterling (GBP) surged to a fresh two-month high at 1.2750 after the Office for National Statistics (ONS) in the United Kingdom reported a[more...]
Australia’s Unemployment Rate Rises to 4.1% in April: What It Means for the Economy
Australia’s headline unemployment rate increased to 4.1% in April, up by 0.2 percentage points from the previous month. The rise resulted in 30,300 more people[more...]
US Inflation Slows Down in April, Easing Pressure on American Families
Inflation in the United States showed signs of slowing in April, providing a glimmer of hope for American families grappling with rising living costs. The[more...]
Why Interest Rates May Not Fall for Another Year: Implications for Australia’s Economy and Federal Budget
The Reserve Bank of Australia (RBA) has made a significant shift in its assumptions about interest rate cuts, impacting its expectations for Australia's economy. Previously,[more...]
Australian Market Update: ASX Rises After RBA Meeting
The Australian Securities Exchange (ASX) is showing resilience as it rises following the Reserve Bank of Australia's (RBA) latest interest rate decision. Wall Street's recent[more...]
