Rate Cuts On The Horizon: Goldman Sachs Forecasts Q2 2024 Reduction With Current Hawkish-Hold Climate In Mind
Goldman Sachs economists including David Mericle and Jan Hatzius say the Federal Open Market Committee (FOMC) should initiate…
5 ETFs Responding To PPI Surge And Consumer Sentiment Dip On Friday
Two significant economic reports took center stage on Friday. The first report focused on the Producer Price Index…
The SPY Takes A Bath On PPI Print, What’s Wall Street Saying?
The broad market SPDR S&P 500 ETF Trust (NYSE:SPY) pushed lower on Friday following the Bureau of Labor…
Producer Price Inflation Surges 0.8% in July, Exceeds Expectations, Reigniting Inflation Concerns
The U.S. economy faces renewed concerns about inflation as the Producer Price Index (PPI) for final demand has…
Producer Inflation Preview: The Hidden Factor That Could Tame CPI Enthusiasm
In the grand stage of economic ups and downs, there’s a saying that echoes like a mantra: “The…
Disinflation Talk Grows, Rate Hike Bets Plummet: Top 5 ETFs Rallying On CPI Miss
The disinflationary trend continued in July, even though the annual CPI inflation rate saw a slight increase from…
US Inflation Misses Estimates: Consumer Price Index Inches 3.2% Higher In July, Core CPI Slips to 4.7%, Easing Fed Hike Concerns
After 12 consecutive months of declining inflation rates from an over four-decade highs of 9.1% in June 2022,…
Bond Market Braces For July CPI Data: A Test Of The Fed’s Control Over Inflation
The bond market’s anticipation of long-term U.S. inflation is nearing its highest level in over a year, suggesting…
CPI Inflation Data Hits Thursday: 5 ETFs With Potential For Wild Market Moves
The Bureau of Labor Statistics’ long-awaited July Consumer Price Index (CPI) data is scheduled to be released on…
‘Russia To Commence Digital Ruble Pilot Testing With 13 Banks; The Pilot Program For The Digital Currency Will Begin On August 15’ – Blockworks
https://blockworks.co/news/russia-digital-ruble-putin
Next week, the Bank of Russia will begin testing out real world transactions with its digital ruble, a central bank digital currency that was approved by