Add inflation to the mix, and raising a child just got much more expensive Ask any parent about raising a child, and that parent will likely say the gig isn’t easy. It’s also expensive and Read more…
Las Vegas has already made a covid comeback, but something just changed that will make it much better. It started with March Madness and continued through the National Football League (NFL) Draft leading into what Read more…
Worries of stagflation intensified a whole lot last week. In particular, even the habitually cautious ECB pre-committed to rate hikes in July and September, while delivering new economic forecasts with sharply higher inflation and lower Read more…
Billionaire Elon Musk, who is not a doctor, suggests solutions that he considers effective when it comes to mental health. Elon Musk, the CEO of Tesla (TSLA) – Get Tesla Inc. Report, who comments about Read more…
Monday, Jun 13, 2022 Tuesday, Jun 14, 2022 Wednesday, Jun 15, 2022 Thursday, Jun 16, 2022 Friday, Jun 17, 2022 The post Summary 6/13 – 6/17 appeared first on Action Forex.
Summary United States: Prices Push Higher in May, Signaling Little Immediate Relief for Consumers Consumer price inflation continued to push higher in May, with the consumer price index rising more than expected and lifting the Read more…
U.S. Highlights U.S. CPI came in above expectations, with the headline reading reaching a new 40-year high. Core inflation also surprised with a broad-based acceleration. The U.S. trade deficit narrowed in April with both lower Read more…
With inflation soaring, the U.S. Federal Reserve is widely expected to hike its target rate by another 50 basis points, taking it into the 1% range). And it’s not done yet. This morning’s May inflation Read more…
The US Dollar was king last week! Although the ECB pre-committed to at 25bps rate hike at the July meeting, it failed to address what would be done if peripheral country’s interest rates rose more Read more…
Will a recession follow? It’s been a slow start to the month in financial markets but the ECB rate decision on Thursday finally got things moving and the US inflation data on Friday kept it Read more…