Next week, top congressional negotiators will meet with White House officials for a crucial gathering. U.S. Treasury Secretary Mnuchin and Hassett, National Economic Council Director, are set to […]
Job Losses Looming: Fed Warns of Trade War’s Impact on Employment
Federal Reserve Board member Christopher Waller has sounded the alarm about potential job losses stemming from the ongoing trade war initiated by former U.S. President Donald Trump. Waller […]
Stocks Soar on Hopes of U.S.-China Trade Peace
U.S. stock markets experienced a significant rebound Tuesday, recovering substantial losses from the previous session. Investors cheered the prospect of easing trade tensions between the United States and […]
Citigroup Economist: No Change in Fed Leadership Expected
Citigroup’s chief economist believes there will be no changes in the leadership of the Federal Reserve. This prediction comes following statements by the economist, who stated that President […]
U.S. Stock Market Plummets: Earnings Reports Fuel Concerns
The U.S. stock market is experiencing continued declines this week as earnings reports weigh heavily on investor sentiment. As reported by BlockBeats, analyst Adam Button from Forexlive highlights […]
U.S. Tariffs Fuel Stagflation Concerns as Economic Uncertainty Rises
New data highlights the risk of stagflation in the U.S., fueled by escalating tariffs. The impact of these tariffs is causing economic anxiety among policymakers, businesses, and consumers […]
Japan & U.S. Trade Talks Commence, Impacting Markets & Geopolitical Landscape
A new round of trade negotiations between the U.S. and Japan has commenced, with both nations seeking to resolve long-standing tariff disputes and solidify their economic ties. Initial […]
Powell: US Economy Strong Despite Uncertainty
Federal Reserve Chair Jerome Powell struck a cautious yet optimistic tone regarding the U.S. economy. While acknowledging continued growth and robust employment, he also highlighted ongoing uncertainty and […]
Powell Assures US Economy Remains Strong Despite Uncertainties
Federal Reserve Chair Jerome Powell emphasized economic stability during a press conference, stating that while uncertainties persist and potential risks remain, the US economy continues to demonstrate resilience.
Atlanta Fed’s GDPNow Model Shows Improved Q1 U.S. GDP Forecast
The Atlanta Federal Reserve’s GDPNow model has revised its forecast for Q1 U.S. GDP growth, now projecting a decrease of -2.2% – an improvement from the previous estimate […]
U.S. Retail Sales Soar in March, Outpacing Forecasts
March witnessed a significant surge in U.S. retail sales, defying expectations and reaching an impressive 1.4% growth rate according to Odaily reports. This marked the largest jump since […]
Waller: New Tariffs Pose Significant Economic Challenge
Federal Reserve Governor Christopher Waller emphasized the significant impact of recent tariff policies on the U.S. economy. He believes that if tariffs remain at their current average level […]
U.S. Inflation Expectations Climb to New High
The U.S. one-year inflation expectation has experienced a significant increase, reaching 3.58% according to recent data from the New York Federal Reserve. This marked an upward shift compared […]
U.S. Inflation Expectations Surge to 6.7%
The U.S. inflation rate expectations for April have jumped, reaching an estimate of 6.7%, according to Odaily’s initial report. This figure surpasses the anticipated 5.1% and marks a […]
U.S. Stock Market Plummets Amid Economic Uncertainty
The U.S. stock market witnessed a sharp decline on Thursday, with the Dow Jones Industrial Average plummeting 2.5%, the S&P 500 dropping 3.5%, and the Nasdaq Composite falling […]