September 28, 2023 United States: Fed’s Goolsbee Says Traditional Economic View May Cause Overshoot Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers shouldn’t place too much weight on the traditional economic idea that steep job losses are needed to quell inflation, which he said could lead officials to raise interest rates too
September 27, 2023 United States: Fed May Do Less If Risks Like Shutdown Hit, Kashkari Says A US government shutdown or prolonged strike by automotive workers could slow the economy, meaning the Federal Reserve wouldn’t have to use its tools to ease price growth, Minneapolis Fed President Neel Kashkari said. “If these downside scenarios
September 26, 2023 United States: Bond Traders Roiled by Fed See US Shutdown as Next Big Wild Card To judge by recent history, a US government shutdown won’t be a huge event for the bond market. If anything, it could even provide a little short-term relief, since Treasuries usually rally when investors need somewhere
September 25, 2023 United States: Morgan Stanley’s Wilson Sees Risks Rising for US Consumer Stocks Consumer stocks, one of the brightest corners of the market this year, are about to lose their shine as risks build for the sector, according to Morgan Stanley’s Michael Wilson. The faltering rally is in keeping with the view
September 22, 2023 United States: Another Yield High as US 10-Year Jumps Above Key 4.5% Level in Post-Fed Bond Rout Treasury 10-year yields rose above 4.5% for the first time since 2007 as a more hawkish Federal Reserve adds to concern the bonds face a toxic mix of large US fiscal deficits and persistent
September 21, 2023 Gas Price Movement - September 21, 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
September 21, 2023 Monthly Economic Review - 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
September 21, 2023 United States: Fed Signals Higher-for-Longer Rates With Hikes Almost Finished Federal Reserve Chair Jerome Powell made clear Wednesday the central bank is close to done raising interest rates, but his colleagues delivered the message that resonated: Borrowing costs must remain higher for longer amid renewed strength in the economy. After a
September 20, 2023 Tropical Battery Company Limited (TROPICAL) has advised that Tropical Mobility, a majority owned subsidiary of the Company, has been awarded a JMD 7M innovation grant to commercialize Tropical Delivery, a zero emissions last mile delivery service app. Tropical Mobility was selected by the Development Bank of Jamaica for a commercialization grant
September 20, 2023 United States: Fed Set to Pause Rate Hikes, But Don’t Count Out Another Increase The Federal Reserve is expected to pause its interest-rate hikes Wednesday for the second time this year following a slowing in inflation while leaving the door open for another increase as early as November. The Federal Open
