Federal Reserve officials continued to emphasize that inflation remains too high, but Federal Reserve Bank of New York President John Williams pushed back against the idea that the next hike needs to come quickly. Speaking at the University at Buffalo on Tuesday, Williams said that after September’s rate increase there is “no need for urgency”, […]
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The Mexican restaurant sector has struggled with dining chains closing locations, filing for bankruptcy protection, and in some cases liquidating and going out of business. Once popular Mexican chain On the Border ceased operations in Read more…
Australia’s headline inflation accelerated sharply in August, with CPI rising 3.5% → 4.0% y/y, matching expectations. Monthly CPI slowed 1.0% → 0.4%, also in line with consensus. The acceleration was concentrated in several large categories, Read more…
Key Highlights USD/CAD started a steady increase and traded above 1.4150. A bullish trend line is forming with support at 1.4165 on the 4-hour chart. Bitcoin remained supported and might attempt a fresh increase above Read more…