March 5, 2024 United States: Americans Now Pay as Much Interest on Other Debt as on Mortgages US households are now paying roughly as much interest on other kinds of debt, from credit cards to student loans, as they are on their mortgages, according to the latest numbers from the Bureau of Economic Analysis.
March 4, 2024 United States: Fed’s Powell to Double Down on ‘No Rush to Cut’ Message Federal Reserve Chair Jerome Powell is expected to double down on his message that there’s no rush to cut interest rates, especially after fresh inflation data showed that price pressures persist. Powell is headed to Capitol Hill, where
March 1, 2024 United States: Apollo’s Torsten Slok Says Fed Will Not Cut Rates in 2024 Apollo Management Chief Economist Torsten Slok said that a re-accelerating US economy, coupled with a rise in underlying inflation, will prevent the Federal Reserve from cutting interest rates in 2024. “The bottom line is that the Fed will
February 29, 2024 The German economy ended 2023 in negative territory, according to the President of the Federal Statistical Office (Destatis). For Q4 2023, Germany’s economy experienced a 0.3% fall in gross domestic product (GDP), when compared to Q3 2023, after adjustment for price, seasonal and calendar variations. The fall was attributed to declining
February 29, 2024 Gas Price Movement - February 29, 2024 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
February 29, 2024 United States: US Futures and Bonds Slip With Focus on Inflation: Markets Wrap US stock futures edged lower and bonds fell as investors braced for a print of the Federal Reserve’s key inflation metric, which will help identify the path forward for interest rates. Contracts for the S&P 500 and the
February 28, 2024 United States: The Big Bond Steepener Is Flopping as the Fed Delays Rate Cuts What was supposed to be the darling trade of 2024 has unraveled, thanks to the Federal Reserve upending predictions over how fast it would lower interest rates. The market entered January aggressively betting on sharp rate cuts.
February 27, 2024 United States: Fed Rate Cuts Are Likely to Be Slow — But Not Necessarily Steady There’s a saying about how the Federal Reserve manages interest rates: They go up the escalator and down the elevator. This time, it will likely be the reverse — frustrating investors betting on a quicker decline.
February 26, 2024 United States: Fed-Favored Inflation Gauge Seen Rising Most in a Year Underlying US inflation probably rose in January by the most in a year, as tracked by the Federal Reserve’s preferred metric, highlighting the long and bumpy path to taming price pressures. The core personal consumption expenditures price index, which excludes
February 23, 2024 United States: Fed’s Waller Urges Patience on Rate Cuts After Jump in Prices Federal Reserve Governor Christopher Waller said January’s jump in consumer prices warrants caution in deciding when to start cutting interest rates, though he still expects reductions to begin later this year. “The strength of the economy and the recent data we have received
