Federal Reserve Bank of Chicago President Austan Goolsbee warned on Sunday about the risks of maintaining a restrictive policy for too long. Key quotes "Credit conditions seem tight and are
According to Financial Times, Federal Reserve Bank of San Francisco President Mary Daly emphasized the importance of a gradual strategy when it comes to reducing borrowing costs in the US.
Consumer confidence in the US improved slightly in early August. UoM survey showed one-year inflation expectation held steady at 2.9%. In early August, consumer confidence in the US saw a
Recent data from the US Census Bureau has revealed a sharp decline in Housing Starts and Building Permits in July. Housing Starts dropped by 6.8% to 1.238 million units, following
Title: US Retail Sales Surge by 1% Surprising Analysts - What Does This Mean for Your Investments? US consumers are proving to be true shopping maniacs, as Commerzbank Head of
The latest data from the US Department of Labor shows a decline of 7,000 initial jobless claims in the week ending August 10, beating market expectations. The advance seasonally adjusted
July saw a remarkable increase in retail sales in the US, surpassing market expectations and painting a positive picture for the economy. According to the US Census Bureau, retail sales
The Federal Reserve Bank of Chicago President, Austan Goolsbee, expressed concerns about the labor market rather than inflation in a recent statement. Goolsbee highlighted the progress made on price pressures
Recent data shows that inflationary pressure in the US is easing, with consumer prices rising by 0.2% in July compared to June. This increase includes both overall prices and prices
Oil prices saw a slight uptick on Wednesday following a four-day winning streak. Traders were reassured by a significant drawdown of 5.2 million barrels reported by the US American Petroleum