Browsing: Economy

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending surged in September as households boosted purchases of motor vehicles and traveled, keeping spending on a higher…

The Federal Reserve is expected to maintain its current rates, as traders forecast the first rate cut to occur in June 2024, based on interest-rate futures…

The Reserve Bank of India (RBI) has recently raised the cap for non-callable bank fixed deposits (FDs) to Rs 1 crore, marking a significant change in…

San Francisco-based EKJFX mutual fund, part of the Allspring family, has been struggling with underperformance and high market volatility, according to a recent analysis. The fund…

The Federal Reserve’s Core Personal Consumption Expenditures (PCE) Deflator for September dipped to a four-month low of 3.7% year-on-year (YoY), while the Headline PCE steadied at…

By Lisandra Paraguassu BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Friday that his government does not need to erase its fiscal deficit…

The Federal Reserve’s (Fed) restrictive monetary policy is having significant effects on the housing market and other interest-rate sensitive sectors, even as US inflation remains steady…

The Federal Reserve’s inflation monitor for September has indicated continuous price hikes, driven by strong consumer spending and economic growth. The data, released today, shows a…

‘s current standing at approximately $34,000 coincides with the Federal Reserve’s attention on Personal Consumption Expenditures (PCE) data, a key determinant in interest rate decisions. The…

As the U.S. stock market stumbles and Treasury borrowing amplifies to address the government’s substantial budget deficit, the Federal Reserve’s overnight reverse repo facility, a crucial…