San Francisco Fed President Mary Daly said inflation is “uncomfortably high” in the US. And, it’s time to “start removing some of the accommodation we’ve been giving to the economy,” “I definitely see rate increases coming, as early as March even,” she noted. But she didn’t want to predict the number of rate hikes needed […]
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Markets This morning, (Asian) markets were ‘unsettled’ as US president-elect Trump via his ‘Truth’ social network announced additional tariffs on Canada and Mexico (25%) as he assesses they don’t do enough to stop what he Read more…
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US Conference Board Consumer Confidence Index increased to 111.7 in November, up from 109.6 in October, though slightly below the expected 112.0. Present Situation Index, which reflects consumers’ views on current economic conditions, saw a Read more…