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 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 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 6.3% in the 12 months to August 2023, down from 6.4% in July. The Consumer Prices Index (CPI) rose by 6.7%, down from 6.8% in July. On a monthly basis, CPIH rose
September 20, 2023 According to the statistical office of the European Union (Eurostat), in August 2023, the Euro area annual inflation rate was 5.2%, down from 5.3% reported in July 2023. The prior year’s rate was 9.1%. Annual inflation in the European Union was 5.9% in August 2023, down from 6.1% in July 2023. The
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
September 19, 2023 United States: US Housing Starts Drop to Lowest Since 2020 While Permits Rise New US home construction dropped in August to the lowest level since June 2020, highlighting the toll of declining housing affordability. Residential starts decreased 11.3% last month to a 1.28 million annualized rate, according to government data released
September 18, 2023 United States: Fed’s Policy Paradox: Too-Slow Growth Threatens Inflation Fight Faced with only limited signs of a slowdown in US demand despite more than five percentage points of interest-rate hikes, logic would say the Federal Reserve needs to do more. But policymakers and Fed watchers are now giving more attention to
September 15, 2023 United States: Fed Seen Signaling One More Hike and Pushing Out 2024 Rate Cuts A resilient US economy will prompt the Federal Reserve to pencil in one more interest-rate hike this year and stay at the peak level next year for longer than previously expected, according to economists surveyed by Bloomberg
September 14, 2023 Gas Price Movement - September 14, 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
