Peru's Central Bank Anticipates Early Inflation Target Hit Peru's financial future shines as the Central Bank predicts a quicker than expected attainment of inflation targets. A fresh breeze of positivity! Top News · Dec 13, 2023
Fed Leaves Rates Unchanged, Projects Cuts in 2024: What the Experts Are Saying The Fed left interest rates at a 22-year high but forecast three cuts next year. Kiplinger · Dec 13, 2023
Fed Keeps Rates Steady, Predicts Faster Inflation Cooling by 2024 In this economy discussion, experts explore the Federal Reserve's decision to hold interest rates, impacts of inflation, and expectations for economic changes. Top News · Dec 13, 2023
Stocks Surge on FOMC Meeting Results What you need to know… The S&P 500 Index ($SPX ) (SPY ) is up +1.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.2%. Stocks are surging this afternoon, with the S&P 500 and... Barchart · Dec 13, 2023
The Fed Maintains Interest Rates Even As Inflation Cools The Federal Open Market Committee said that inflation has eased but is still too high as the group once again held interest rates steady. Kiplinger · Dec 13, 2023
The Fed is probably done raising interest rates and could cut them next year The Federal Reserve held interest rates steady on Wednesday, amid signs of easing inflation. The central bank signaled that its benchmark borrowing rate may start to fall next year. WEKU · Dec 13, 2023
Dow closes at record high after Fed signals it will cut interest rates in 2024 US central bank holds interest rates at 22-year high, but expects to cut rates three times next year as inflation continues to fade The Guardian - US · Dec 13, 2023
'Walloped': NSW treasurer blames feds for budget strain NSW Treasurer Daniel Mookhey has delivered a budget update his opponents have branded the "nightmare before Christmas". AAP · Dec 13, 2023
More tax in government coffers hailed by treasurer The mid-year fiscal update contained no extra cost of living relief, although the federal treasurer has not ruled out more help in his next budget. AAP · Dec 13, 2023
Stocks Slightly Higher Going into FOMC Meeting Results What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. Stocks this morning are mixed, with the S&P 500... Barchart · Dec 13, 2023
Federal Reserve expected to keep steady interest rates today Explore the latest insights on inflation, interest rates, and what's in store for the economy as the Federal Reserve closes its annual meeting. Top News · Dec 13, 2023
GameStop (GME) vs. Aeon (AONNY): Analyzing Which Specialty Retailer Is a Solid Buy for 2024 The specialty retail sector is flourishing due to a resilient U.S. economy with solid GDP growth, reduced inflation concerns, and robust consumer spending. Hence, let's assess which specialty retail stock between GameStop (GME) and Aeon (AONNY) could be a better buy for 2024. Read more…. StockNews.com · Dec 13, 2023
Wholesale inflation in US slowed further last month, signaling that price pressures continue to ease Wholesale inflation in the United States was unchanged in November, suggesting that price increases in the economy’s pipeline are continuing to gradually ease The Independent UK · Dec 13, 2023
Hunting for sources of gravitational hum A massive hum of energy pervades the universe. Is it supermassive black holes or something weirder? Salon · Dec 13, 2023
The Independent UK · Dec 13, 2023 Inflation is pinching Hungary's popular Christmas markets. $23 sausage dog, anyone? A cost-of-living crisis in Hungary is on display at the country's popular Christmas markets
Fortune · Dec 13, 2023 Gen Z are scaling back on eating out because they have ‘menu anxiety:’ They’re too scared to talk to waiters and inflation-bloated bills freak them out Almost 40% of GenZ customers said they simply wouldn't go out for dinner if they couldn't check the menu first.
France 24 · Dec 13, 2023 'Shock therapy' for Argentina's economy: Milei devalues peso by more than 50% Just days after the inauguration of new president Javier Milei, Argentina's economy minister has announced a dramatic devaluation of the country's currency in an attempt to tackle triple-digit inflation. Also, undocumented workers in France are concerned about the government's plans to tighten measures against them. Plus, Netflix has released almost…
Barchart · Dec 13, 2023 Stocks Tread Water Before the Open as Investors Await Fed Rate Decision and U.S. PPI Data December S&P 500 futures (ESZ23) are up +0.06%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.11% this morning as investors geared up for the Federal Reserve’s last interest rate decision of the year while also awaiting the release of key U.S. PPI data.
Latin Times · Dec 13, 2023 Amid Argentina's Currency Woes, Expert Santiago Siri Lauds the Potential of Bitcoin Milei leans towards dollarization as a solution to address inflation; Santiago Siri says the new President is "missing a tremendous opportunity"
Barchart · Dec 13, 2023 Stocks Tread Water Before the Open as Fed Rate Decision Looms, U.S. PPI Data in Focus December S&P 500 futures (ESZ23) are up +0.06%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.11% this morning as investors geared up for the Federal Reserve’s last interest rate decision of the year while also awaiting the release of key U.S. PPI data.
Kiplinger · Dec 13, 2023 How Finances Can Improve for Retirees — and the Next Two Generations Hypothetical retirees from 2017 are in much better financial shape today, thanks to annuities and higher interest rates. Their kids and grandkids stand to also reap the benefits.
The Hindu · Dec 13, 2023 Modi's guarantee is guarantee of inflation: Jairam Ramesh The Congress on December 13 slammed the government over “skyrocketing prices” of essential commodities, saying “Modi’s guarantee is the guarantee of inflation”. Congress general secretary Jairam Ramesh alleged that Prime Minister Narendra Modi has completely failed to control inflation and they keep raising various issues to hide this “failure”.
Fortune · Dec 13, 2023 There's a 'silver lining' to China's 'deflationary cloud'—they can 'export' lower prices to the West in a win-win scenario, according to Société Générale's Albert Edwards “The ‘West’ wants lower inflation, while China (and Japan) wants higher inflation. There is a deal to be done and maybe all parties can benefit," Edwards wrote.
The Independent UK · Dec 13, 2023 UK families to spend over £1,800 this Christmas as costs triple in last 30 years The analysis of a basket of 24 costs associated with the festive season saw an average price rise that is 93 per cent above the rate of inflation
Latin Times · Dec 13, 2023 Argentina Devalues Peso, Unveils Measures To Avoid 'Hyperinflation' The government of President Javier Milei announced cuts to generous state subsidies and a halt to all new public construction projects.