Macro Economic Events Archives - Page 83 of 129

1 minute read

‘U.S. Military Is Tracking Another Mysterious Balloon’ – NBC News

May 1, 3:58 PM

https://www.nbcnews.com/news/us-military-tracking-another-mysterious-balloon-rcna82300U.S. Military Is Tracking Another Mysterious BalloonThe U.S. military is tracking a mysterious balloon that flew over American

SPY

3 minute read

Statement By Martin J. Gruenberg, Chairman, FDIC, On Options For Deposit Insurance Reform

By Benzinga Newsdesk

May 1, 3:14 PM

I would like to thank the FDIC's Division of Deposit Insurance and Research for producing this comprehensive, balanced, and timely report on "Options for Deposit Insurance Reform."The recent failures of Silicon Valley

FRC

2 minute read

Goldman Sachs Expects One Last Fed Hike in May But Warns About High Rates for Longer

By Piero Cingari

May 1, 2:49 PM

Goldman Sachs U.S. Economist David Mericle expects the Federal Reserve will raise rates by 25 basis points for one last time in May and keep them sticky high for a long time.

SPY

2 minute read

5 Economists React To PCE Inflation: What Actions Will The Fed Take After May Meeting?

By Piero Cingari

April 28, 12:49 PM

The Personal consumption expenditure (PCE) price index grew 0.1% in April from the previous month and 4.2% annually, according to the Bureau of Economic Analysis. That's down from 5% in February and falling short of economist expectations of a 4.6% increase.

SPY

2 minute read

‘House Approves Resolution To Undo Biden Solar Tariff Freeze’ – The Hill

By Benzinga Newsdesk

April 28, 11:31 AM

https://thehill.com/policy/energy-environment/3977938-house-passes-bill-to-undo-biden-solar-tariff-freeze/The House on Friday approved a Congressional Review Act resolution to resume tariffs on solar power imports

SPY

4 minute read

Economic Growth Slows, Inflation Persists, Stocks Rally

By GRIT Capital

April 28, 10:37 AM

The economy is slowing. The financial system is wobbly. The FED is raising rates next week into a (likely) recession. Companies are laying people off and replacing them with AI. What a time to be alive.

AMZN

2 minute read

European Equities Sink As Economy Falters In Q1, Germany CPI Rises Less Than Expected Hurting Euro

By Piero Cingari

April 28, 9:00 AM

European equities slumped on Friday as preliminary GDP data for the eurozone showed a slightly lower-than-expected increase in the first quarter, while German preliminary GDP data fell well short of expectations.

EWQ

2 minute read

Treasury Yields Rise On Stagflation Threats: Investors Flock To Long-Term Treasury ETFs Expecting Weaker Growth Ahead

By Piero Cingari

April 27, 1:12 PM

Thursday is a negative session for U.S. Treasuries with yields markedly rising across all maturities of the yield curve.

IEF

2 minute read

4 Prominent Economists Unpack Q1 GDP Slowdown, Discuss Implications For Fed’s Rate Hikes

By AJ Fabino

April 27, 12:28 PM

Despite increases in consumer spending, exports, federal government spending, state and local government spending, and nonresidential fixed investment, the U.S. gross domestic product (GDP) only grew at a 1.1% annualized pace in the first quarter of 2023, falling short of the market's expected 2% growth.

SPY

3 minute read

March PCE Price Index Preview: Here’s Why Fed’s Favorite Inflation Gauge Is A Key Market-Moving Event Before FOMC

By Piero Cingari

April 27, 12:04 PM

Market participants are eagerly awaiting for the March personal consumption expenditure (PCE) price index report from the Bureau of Economic Analysis on Friday (April 28), before the market opens.

BND