In a forum today, RBNZ Governor Adrian Orr indicated that the central bank’s primary challenge lies in firmly anchoring inflation expectations around the 2% target, a goal that remains elusive despite significant progress. This “tail Read more…
Atlanta Fed President Raphael Bostic noted there has been “substantial and gratifying progress” in reducing inflation’s pace, but he warns against premature celebrations. While inflation is expected to continue to decline, it would be “more Read more…
In an interview, ECB Governing Council member Edward Scicluna pointed to March economic projections as a crucial factor that could justify a shift in policy, opening the door for rate cuts. “March could be it,” Read more…
BoE MPC Catherine Mann commented overnight on the -0.3% quarterly contraction in GDP for Q4 2023. She characterized this period as a “soft patch,” adding that the downturn was anticipated and aligned with her expectations. Read more…
Going into 2023, a prevailing sense of conventional wisdom among economists, journalists and finance leaders was that the U.S. economy was about to fall into recession. Observers believed that, for one, the interest rate increases Read more…
USDCAD reversed from resistance level 1.3530 Likely to fall to support level 1.3400 USDCAD currency pair recently reversed down from the key resistance level 1.3530 (which has been reversing the price from the middle of Read more…
S&P 500 reversed from support level 4930.00 Likely to rise to resistance level 5050.00 S&P 500 index recently reversed up from the support level 4930.00 (former support from the end of January), intersecting with the Read more…
In late 1986, Paul Tudor Jones made a prediction. “There will be some type of a decline, without a question, in the next 10, 20 months,” he said. “And it will be earthshaking; it will Read more…
Some companies notify customers when they update their terms of service agreements, and others choose to quietly make those changes. Well, it seems like the latter will no longer fly anymore as the Federal Trade Read more…
Stanley Druckenmiller earned his reputation as a top investor (and earned much of his billionaire status), working with legendary investor George Soros from 1988 until 2000. Their most celebrated bet was against the British pound Read more…