October has marked a significant downturn for New Zealand’s manufacturing sector, with BusinessNZ Performance of Manufacturing Index plummeting from 45.1 to 42.5. This figure not only represents the fifth consecutive month of declining activity but Read more…
Key insights from the week that was. This week, the RBA Board opted to raise the cash rate by 25bps to 4.35%. As detailed by Chief Economist Luci Ellis, this decision marked a direct response Read more…
Fed Chair Jerome Powell, speaking at an IMF event, conveyed a vigilant stance on monetary policy, expressing uncertainty over whether current interest rates are adequate to curb inflation. With a steadfast commitment to FOMC’s inflation Read more…
St. Louis Fed President Kathleen O’Neill Paese emphasized the current effectiveness of monetary policy in exerting “modest downward pressure on inflation.” “We can afford to await further data before concluding that additional policy tightening is Read more…
Richmond Fed President Thomas Barkin deliberated on Fed’s monetary policy stance in light of the ongoing economic slowdown and its implications for inflation during an MNI Webcast. Barkin addressed the possibility that the current economic Read more…
In a dual appearance at an event in New Orleans overnight, Richmond Fed President Thomas Barkin and Atlanta Fed President Raphael Bostic provided insights into the Federal Reserve’s ongoing efforts to tame inflation. Bostic expressed Read more…
EURCAD reversed from pivotal resistance level 1.4775 Likely to fall to support level 1.4650 EURCAD recently reversed down from the pivotal resistance level 1.4775 (which has been reversing the pair from the start of July). Read more…
AUDNZD reversed from powerful resistance level 1.0915 Likely to fall to support level 1.0750 AUDNZD continues to fall after the earlier downward reversal from the powerful resistance level 1.0915 (which has been reversing the pair Read more…
The busiest weekend for cross-country travel is fast approaching. A year ago, the Transportation Security Administration (TSA) saw more than 2.56 million travelers pass through the country’s airports the Sunday after Thanksgiving — below the Read more…