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IMF Anticipates ‘Persistent Inflation Problem’ For US, Interest Rates To Stay At 5.5% Until 2024

By Piero Cingari
May 26, 4:21 PM
The International Monetary Fund says the U.S. economy won't escape the challenge of persistent inflation if the job market does not soften and monetary policy does not stay tight for an extended period of time. On Friday, the U.S.

GOVT

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Fed’s Favorite Inflation Gauge Rises More Than Expected In April: Market Expectations Increase For June Interest Rate Hike

By Piero Cingari
May 26, 8:48 AM
The Personal Consumption Expenditure (PCE) price index, the Federal Reserve's preferred measure of inflation, rose 4.4% year over year in April 2023, up from the 4.2% surge in March and above the expected 4.3% rise, the U.S.

SPY

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Fed May Not Be Done Hiking Interest Rates, Missing the Debt Ceiling Deadline Will Cause Disruptions: FOMC Minutes

By Piero Cingari
May 24, 2:23 PM
The minutes of the May 2-3 FOMC meeting revealed uncertainty about how much more policy tightening may be appropriate, with some FOMC participants  warning that a failure to raise the federal debt limit in a timely manner will threaten significant financial system disruptions and lead to 

QQQ