Cleveland Fed President Beth Hammack said Fed has the “luxury of being patient” given the strength of the labor market and the uneven progress in reducing inflation. In a speech overnight, she noted that while Read more…
People saving for retirement during their working years often do so, at least in part, by taking advantage of employer-sponsored 401(k) plans. These contributions are especially lucrative when a worker’s company matches them up to Read more…
Papa Johns (PZZA) , which is famous for its “Better Ingredients. Better Pizza. Papa Johns” slogan, is on a mission to revamp its business after it recently faced a slump in sales. In Papa Johns fourth-quarter Read more…
The US Personal Consumption Expenditures (PCE) Price Index, the Fed’s preferred inflation gauge, is due Friday. Recent US economic data has been weaker than expected, leading to increased market fear. Tariff threats by President Trump Read more…
Key insights from the week that was. The January Monthly CPI Indicator printed broadly as expected, with prices falling 0.2% in the month, leaving headline inflation up 2.5% over the year to January, the mid-point Read more…
Macroeconomics tends to treat the economy as a single thing. But most shocks and every new technology skews in some way towards particular industries or activities. One of the limitations of macroeconomics is that we Read more…
Key Highlights USD/JPY dipped toward the 148.50 support zone before a minor recovery. It cleared a key bearish trend line with resistance at 149.20 on the 4-hour chart. EUR/USD failed again to clear the 1.0535 Read more…
S&P 500 index broke support zone Likely to fall support level 5800.00 S&P 500 index recently broke the support zone between the key support level 5925.00 (low of the previous waves a and c), the Read more…
NZDUSD under bearish pressure Likely to fall support level 0.5600 NZDUSD currency pair is under bearish pressure after the earlier breakout of the support trendline of the daily up channel from the start of February. Read more…
AUDUSD falling inside wave b Likely to fall support level 0.6200 AUDUSD currency pair continues to fall inside the b-wave which started earlier from the major resistance level 0.6400 (former strong support from April and Read more…