Richmond Fed President Thomas Barkin’s said overnight that the pace of disinflation has possibly stalled. “We’re going to need a little more edge off of demand to get all the way” back to target, he added. Despite these challenges, he expressed optimism regarding the current level of the benchmark policy rate, indicating confidence that it […]
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When JPMorgan Chase’s Chief Executive Jamie Dimon talks, financial markets listen. He helms the world’s largest U.S. and fifth-biggest bank, with $4.1 trillion of assets. Dimon, 68, has made his name steering several banks through Read more…
EUR/USD: Weak Inflation = Weak USD The American currency suffered two significant blows last week. Although these were not knockdowns, let alone knockouts, these minor shocks pushed the DXY Dollar Index down from 105.26 to Read more…
If it feels like every time you visit the grocery store you part with a little bit more of your emotional well-being each time, you’re probably not alone. Plenty of goods and staples – food included – are more Read more…