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Bank of America sticks to its guns on Fed interest rate forecast

The Wall Street bank's economists doubled down on their interest rate outlook.

Industry 08-16

Germany's Industrial Core Is Collapsing Under The US Trade Deal And The Green Agenda

The asymmetrical trade agreement between the EU and the US will further worsen Germanys recession. Y

Industry 08-15

Producer price inflation shocks Fed interest rate cut bets

Surprise July PPI disrupts chances of huge September rate cut.

Industry 08-15

Wholesale prices rose 0.9% in July, much more than expected

The producer price index was expected to a show a 0.2% increase for July, according to the Dow Jones consensus estimate.

Industry 08-14

Economist Sumerlin confirms he's in the running for Fed chair, backs big interest rate cut

Sumerlin said on CNBC that lowering the Fed's key rate would be an easy decision now.

Industry 08-14
Producer Prices Spike Most In 3 Years In July As Services Costs Soar

Producer Prices Spike Most In 3 Years In July As Services Costs Soar

Following the 'mixed' message from CPI earlier in the week (which the market perceived as dovishly c

Industry 08-14

US warns of additional tariffs on India if Trump-Putin peace talks fail

US Treasury chief says Washington could increase secondary tariffs on India if talks dont go well in Alaska.

Industry 08-14

As Trump berates Goldman, other economists agree that higher tariff inflation is coming

Goldman Sachs is taking the heat for its call, but it's far from alone in that view among its Wall Street brethren.

Industry 08-14

Goldman stands by call that consumers will bear the brunt of tariffs after Trump blasts bank's economist

Goldman Sachs economist David Mericle on Wednesday stood by a controversial forecast that tariffs will begin to hit consumer wallets.

Industry 08-13

Goldman stands by call that consumers will bear the brunt of tariffs after Trump blasts bank's economist

Sachs economist David Mericle on Wednesday stood by a controversial forecast that tariffs will begin to hit consumer wallets.

Industry 08-13

Consumer prices rise 2.7% annually in July, less than expected amid tariff worries

CPI was projected to increase 0.2% in July and 2.8% for a year ago on headline, and 0.3% and 3% on core

Industry 08-12
The Global Inflation Outlook

The Global Inflation Outlook

After the policy prescriptions surrounding the coronavirus pandemic and the impact of the Russian in

Industry 08-11
The Debt And Deficit Problem Isn't What You Think

The Debt And Deficit Problem Isn't What You Think

In recent months, much debate has been about rising debt and increasing deficit levels in the U.S. F

Industry 08-10

Crocs shares plummet as US shoppers rein in spending

The firms says it expects revenue for the three months to the end of August to fall by about 10% compared with last year.

Industry 08-08
Chinese Exports Hotter Than Expected On Surge In Transshipments To Evade Trump Tariffs

Chinese Exports Hotter Than Expected On Surge In Transshipments To Evade Trump Tariffs

China‘s exports rose faster than expected last month the latest customs "data" showed, ahead of next

Industry 08-07

Bank of England narrowly votes to cut interest rates to 4% as balancing act continues

The Bank of England cut interest rates from 4.25% to 4% on Thursday as the central bank resumes a "gradual and careful" approach to lowering interest rates.

Industry 08-07

Bank of England narrowly votes to cut interest rates to 4% as balancing act continues

The Bank of England cut interest rates from 4.25% to 4% on Thursday as the central bank resumes a "gradual and careful" approach to lowering interest rates.

Industry 08-07

The Lucky Continent?

While European equity markets ended the day on a slight positive note, the US market could not hold

Industry 08-06

The Lucky Continent?

While European equity markets ended the day on a slight positive note, the US market could not hold

Industry 08-06

Trumps tariff playbook comes with a baseball twist

Say what you like about U.S. President Donald Trump's leadership style and policies, but he certainly has a unique way with words.

Industry 08-06
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