The latest Beige Book from the Federal Reserve paints a picture of U.S. economic activity remaining relatively stable despite ongoing inflation challenges. While consumer spending has slightly decreased, […]
U.S. Economy Shows Minimal Growth: Federal Reserve Beige Book Highlights Economic Stagnation
The latest Federal Reserve Beige Book paints a picture of stagnant U.S. economic growth, with minimal expansion observed across different regions since early September. This report has triggered […]
U.S. Economy Surprises with Unexpected Growth, Signaling Potential Monetary Policy Shift
Federal Reserve Chair Jerome Powell announced a significant economic surprise: robust U.S. growth exceeding expectations. This positive outlook stems from increased productivity amid adjustments to tariff and immigration […]
U.S. 10-Year Treasury Yield Drops to 4% for First Time Since September
The U.S. 10-year Treasury note yield has seen a notable decline, falling by 4 basis points to reach 4%. This marks the first time since September 17th that […]
Crypto Market on High Alert: U.S. Economic Events to Impact Prices
The cryptocurrency market is bracing for potential volatility this week, as key U.S. economic events including inflation data releases and shifts in U.S.-China trade policy are set to […]
U.S. Inflation Data to be Released This Week, Despite Government Shutdown
The Bureau of Labor Statistics (BLS) is set to release the September Consumer Price Index (CPI) report, a key indicator of inflation in the U.S., amidst the ongoing […]
U.S. Consumer Confidence Remains Stable in October
Despite economic uncertainty, U.S. consumer confidence held steady in October. According to the University of Michigan’s consumer survey, the index currently sits at 55 points, barely budging from […]
Goldman Sachs Highlights Slight Rise in U.S. Unemployment Claims
Recent analysis by Goldman Sachs offers insight into the unemployment landscape amidst the ongoing federal government shutdown. According to the bank’s economists, including Jan Hatzius, initial unemployment claims […]
U.S. Non-Manufacturing PMI Misses Expectations in September
The U.S. September ISM Non-Manufacturing PMI fell short of expectations, landing at 50, missing the anticipated 51.7 and declining from the previous month’s 52. This decline signals a […]
Fitch Warns Shutdown Could Slow U.S. Economic Growth
Fitch Ratings has issued a report highlighting potential negative economic consequences from prolonged government shutdowns in the U.S. The report suggests that while short-term disruptions may have minimal […]
U.S. Employment Report Delayed Amid Government Shutdown
The eagerly awaited U.S. September non-farm employment report, scheduled to be released at 8:30 PM UTC+8 tonight, has been postponed due to the ongoing government shutdown. The U.S. […]
U.S. Consumer Sentiment Dips, Inflation Expectations Remain Elevated
New data from the University of Michigan reveals a mixed picture for U.S. consumers in September. The preliminary sentiment index, reaching 55.4, fell short of expectations, suggesting waning […]
U.S. Stock Futures Climb Amidst Inflation Data
U.S. stock index futures climbed on Thursday, boosted by inflation data that closely aligned with market expectations, suggesting the Federal Reserve may be closer to potential rate cuts […]
U.S. Jobless Claims Surge to Highest Point Since 2021
Initial jobless claims in the United States surged to their highest level since October 2021, reaching 263,000 for the week ending September 6, according to BlockBeats data. This […]
Treasury Secretary Weighs In on Economic Policy Amid Employment Data Concerns
U.S. Treasury Secretary Besant underscored that economic policy will not be adjusted based on a single piece of data, as per PANews reports. Recent employment figures suggest the […]