November 30, 2022 United States: Key Gauges of US Economy Paint Mixed Third-Quarter Picture The government’s primary measures of US third-quarter economic activity painted a mixed picture of the economy’s momentum after a lackluster first half of the year. Inflation-adjusted gross domestic product, or the total value of all goods and services produced in
Gas Price Movement - November 24, 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
November 24, 2022 United States: Most Fed Officials Seek to Slow Pace of Interest-Rate Hikes Soon Federal Reserve officials concluded earlier this month that the central bank should soon moderate the pace of interest-rate increases to mitigate risks of overtightening, signaling they were leaning toward downshifting to a 50 basis-point hike in December. “A
November 23, 2022 United States: Fed Minutes Set to Show Breadth of Support for Higher Peak Rate The Federal Reserve is set to show how united policymakers were at their meeting this month over a higher peak for interest rates than previously signaled as they calibrate their fight against decades-high inflation. At the conclusion
November 22, 2022 United States: Fed Hawkishness Peaks as Rising Debt Payments Erode Savings Tighter Federal Reserve policy is raising households’ interest-rate burden, leading to a rapid decline in excess savings and underscoring the likelihood hawkishness has peaked. The pandemic rise in excess savings was probably the most rapid increase in wealth ever seen.
November 21, 2022 United States: Fund Managers Are Turning Ever More Pessimistic on the US Dollar Asset managers are turning ever more bearish on the dollar amid bets that the Federal Reserve may be approaching the peak of its interest-rate hike cycle. Investors boosted short positions on the reserve currency to 321,758 contracts last
November 18, 2022 Despite the downward trend of the key external drivers of headline inflation, BOJ has not yet observed the full pass-through to domestic food prices. In October, Jamaica’s inflation rate increased from 9.3% in September to 9.9%. If inflation expectations, the ripple effect of commodity price shocks and labour market pressures, do
November 18, 2022 United States: Wall Street Economists Split on Whether Fed Cuts Rates in 2023 Wall Street’s biggest banks agree the Federal Reserve will hike US interest rates further into next year, but are at odds over how high it will take them and whether it will be cutting by the end of
November 17, 2022 United States: Fed’s Bullard Says More Hikes Needed to Get to Restrictive Level Federal Reserve Bank of St. Louis President James Bullard urged policymakers to raise interest rates further, saying the level will need to be higher to meet the central bank’s goal to be “sufficiently restrictive” to bring down inflation.
November 16, 2022 JETCON for the nine months ended September 30, 2021 reported total turnover of $606.95 million, 30% greater than $467.16 million reported for the corresponding period in 2020. Turnover for the third quarter increased 28% to $196.42 million compared to $153.43 million in 2020. Cost of Sales for the period increased 33%
