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U.S. Consumer Price Growth Exceeds Estimates In July
Attachment 40201
Consumer prices in the U.S. increased by more than anticipated in the month of July, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index climbed by 0.6 percent in July, matching the increase seen in June. Economist had expected consumer prices to rise by 0.3 percent.
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World Economic Forum Postpones 2021 Davos Annual Meet
The World Economic Forum on Wednesday announced that it is postponing its annual meeting in Davos, Switzerland, to "early next summer".
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Fed Forecasts Interest Rates Through 2023
Attachment 40520
Citing the economic hardships caused by the COVID-19 pandemic, the Federal Reserve left interest rates unchanged on Wednesday and signaled rates are likely to remain at near-zero levels for years to come. The Fed announced its widely expected decision to keep the target range for the federal funds rate at zero to 0.25 percent.
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U.S. Consumer Confidence Index Unexpectedly Edges Lower
Attachment 40822
After reporting a substantial improvement in U.S. consumer confidence in the previous month, the Conference Board released a report on Tuesday unexpectedly showing a slight drop in confidence in the month of October.
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Fed Leaves Rates Unchanged
Most Americans are focused on the outcome of the presidential election, although members of the Federal Reserve still announced their latest monetary policy decision on Thursday. The members of the Fed announced that they decided to keep the target range for the federal funds rate at 0 to 1/4 percent, as widely expected.
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This Was All Predicted 10 Years Ago
Attachment 41147
This is where we are. The hard times we’ve long anticipated are here.
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U.S. Budget Deficit Jumped 25% In October And November
Lawmakers have been negotiating another relief packing that would push the deficit even higher, but talks may be faltering.
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Bitcoin collapses almost 20% at the start 2021
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Fed Leaves Interest Rates, Pace Of Asset Purchases Unchanged
Attachment 41638
In its first monetary policy decision of the New Year, the Federal Reserve left interest rates unchanged as widely expected on Wednesday and revealed it plans to maintain its asset purchase program at the current pace.
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