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US economy grew slightly in recent weeks, Fed survey says

by Tudur Aled
US economy grew slightly in recent weeks, Fed survey says

U.S. economic activity has expanded slightly in most regions since early October, with employment growth “subdued” and inflation rising at a modest pace and businesses expressing optimism about the future, …

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Federal Reserve: ‘Substantial majority’ of Fed favoured large cut in Sept

by Tudur Aled
Federal Reserve: ‘Substantial majority’ of Fed favoured large cut in Sept

Washington: A “substantial majority” of US Federal Reserve officials at the central bank’s September meeting supported beginning an era of easier monetary policy with an outsized half-point rate cut, but …

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Wall St Week Ahead: Investor focus turns to data, election, earnings after Fed cut

by Tudur Aled
Wall St Week Ahead: Investor focus turns to data, election, earnings after Fed cut

A roaring rally in U.S. stocks will face a gauntlet of economic data, looming political uncertainty and a corporate earnings test in coming weeks as investors navigate one of the …

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Gold ends lower in a highly volatile trade amid uncertainty over rate cuts

by Tudur Aled
Gold ends lower in a highly volatile trade amid uncertainty over rate cuts

On Friday, spot gold was highly choppy and volatile in reaction to the US nonfarm payroll report (August) as the report sent mixed signals on the possible pace of rate …

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US Inflation falls to 3-year low, clearing the way for Fed to begin cutting rates

by Tudur Aled
US Inflation falls to 3-year low, clearing the way for Fed to begin cutting rates

Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the …

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