December 16, 2022 United States: Fed’s High Inflation Forecast Baffles Wall Street After Soft CPI The Federal Reserve’s updated economic projections this week appeared to incorporate an assumption that raised eyebrows: inflation would prove resurgent at the end of this year. The quarterly projections showed Fed officials now expect so-called core inflation — which
Gas Price Movement - December 15, 2022 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 of their compensation
December 15, 2022 United States: US Retail Sales Drop Most in 11 Months, Missing Estimates US retail sales fell in November by the most in nearly a year, reflecting softness in a range of categories that suggest some easing in Americans’ demand for merchandise. The value of overall retail purchases dropped 0.6% last month
December 14, 2022 The UN agency for trade and development, UNCTAD estimates that this year's global trade will reach about $32 trillion, but inflation has recently reversed some gains. Analysts at UNCTAD claim that in the second half of 2022, global growth "became negative." By the end of the year, the UN agency predicted that
December 14, 2022 United States: Fed to Downshift to Half-Point Hike But Point to Higher Peak The Federal Reserve is poised to moderate its aggressive tightening on Wednesday while signaling that interest rates will ultimately go higher than previously forecast. The tricky part for Chair Jerome Powell will be convincing investors that this isn’t
December 13, 2022 United States: US Core Inflation Slows, Giving Fed Some Breathing Room on Rates A key gauge of US consumer prices posted the smallest monthly advance in more than a year, indicating the worst of inflation has likely passed and validating an anticipated slowing in the pace of Federal Reserve interest-rate hikes.
December 12, 2022 JBG reported total revenue of $45.84 billion for the six months ended October 31, 2022 (2021: $35.08 billion), a 31% increase year over year. For the quarter, total revenue increased 28% to $22.94 billion (2021: $17.90 billion). Of the six-month total revenue: The Jamaica Operations contributed $28.28 billion (2021: $20.51 billion) US
December 12, 2022 United States: US Inflation Will Be Much Lower by End of 2023, Yellen Says US Treasury Secretary Janet Yellen says inflation will be much lower by the end of next year, as long as there are no unanticipated shocks to the economy. “I believe inflation will be lower,” Yellen said during
December 9, 2022 United States: Fed Expected to Keep Peak Rates for Longer, Dashing Hopes for 2023 Cuts The Federal Reserve is set to disappoint Wall Street as it keeps rates at their peak throughout 2023, dashing hopes markets have priced in for rate cuts in the second half and making a recession very
