October 9, 2023 United States: Fed’s Logan Says Higher Yields May Mean Less Need to Raise Rates Federal Reserve Bank of Dallas President Lorie Logan said the recent surge in long-term Treasury yields may mean less need for the US central bank to raise its benchmark interest rate again. “Higher term premiums result in
October 6, 2023 United States: US Hiring Surges, Bolstering Case for Another Fed Rate Hike US employment unexpectedly surged in September, illustrating a durable labor market and bolstering the case for another Federal Reserve interest-rate hike. Nonfarm payrolls increased 336,000 last month — the most since the start of the year — after sizable
October 5, 2023 Gas Price Movement - October 5, 2023 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no
October 5, 2023 United States: Fed’s Bid to Avoid Recession Tested by Yields Nearing 20-Year Highs The Federal Reserve may be putting its hoped-for soft landing of the economy at risk by tacitly accepting a run-up in long-term interest rates to the highest levels since 2007. The surge — 10-year Treasury yields rose more
October 4, 2023 United States: US 30-Year Mortgage Rate Tops 7.5% for First Time Since 2000 US mortgage rates last week topped 7.5% for the first since November 2000 and applications for home purchases tumbled to a multi-decade low, illustrating a battered housing market. The contract rate on a 30-year fixed mortgage rose by
October 3, 2023 Government Operations Results for August 2023 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part
October 3, 2023 According to the statistical office of the European Union (Eurostat), the seasonally-adjusted unemployment rate for the euro area was 6.4% in August 2023, down from July’s 6.5% and down from 6.7% in August 2022. Additionally, it was reported that the EU unemployment rate was 5.9% in August 2023, down from 6.0%
October 3, 2023 United States: State Street Bets on Fed ‘Dramatically’ Cutting Rates Next Year State Street Global Advisors is betting against the higher-for-longer mantra sweeping across global bond markets. The Wall Street giant is wagering that the Federal Reserve will cut interest rates by at least a full percentage point next year —
October 2, 2023 United States: Why a US Recession Is Still Likely — and Coming Soon When everyone expects a soft landing, brace for impact. That’s the lesson of recent economic history — and it’s an uncomfortable one for the US right now. A summer in which inflation trended lower, jobs remained plentiful and
September 28, 2023 According to the Federal Statistical Office (Destatis), Germany is expected to experience the lowest inflation level since the war in Ukraine began. The inflation rate in September 2023 is anticipated to be +4.5% relative to September 2022. Notably, the last time a lower inflation rate was registered was in February 2022,
