Crucial Inflation Report: PCE Index Hits Lowest Level in Three Years The Fed’s Preferred Inflation Gauge Hits Lowest Level in Three Years Personal Consumption Expenditures Index Shows Decline The Fed’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, reported a slight decline in January, aligning with Wall Street’s expectations. Notably, this decline resulted in … Read more
Oil prices rose today, Wednesday, as investors balanced fears of major producers reducing production and Houthi attacks in the Red Sea with weak expectations for a cut in US interest rates. Brent crude futures rose 12 cents, or 0.15 percent, to $82.46 per barrel by 0100 GMT, while US West Texas Intermediate crude futures rose … Read more
Michl stated that cost and demand inflationary pressures are fading in the Czech economy. Demand remains subdued thanks to strict monetary policy, and the risk of a wage-inflationary spiral did not materialize. According to the CNB’s new forecast, market interest rates should fall rapidly this year. But Michl said that in the first and second … Read more
The Dow Jones index rose nearly 100 points as investors expected the Federal Reserve (Fed) to hold interest rates steady at tonight’s monetary policy meeting, in line with market expectations. As of 9:36 p.m. Thai time, the Dow Jones Industrial Average was at 38,562.27 points, plus 94.96 points or 0.25%. However, Nasdaq futures fell nearly … Read more
Czech banks have been changing interest rates on savings accounts and time deposits in recent months. In most cases, this is a reduction. The TN.cz editors have compiled a detailed table in which you can look at the interest rates for both savings accounts and term deposits. Savings accounts Trinity Bank offers the nominally highest … Read more
Takeoff confirmed for returns on euro life insurance funds. After the Garance Epargne (3.50%), Placement-direct Euro+ (4.10%) or those of Milleis Vie (2.75%), Macif announced, this Tuesday, January 9, a very clear increase in remuneration for its guaranteed capital support last year. Thus, for 2023, the return on the Euro fund reaches 2.70%* for its … Read more
01:21 PM Saturday 06 January 2024 Written by Manal Al-Masry: Some bank customers are currently looking to calculate the fine for breaking their certificates and their cost to reinvest their proceeds in the new certificate offered at the National Bank and Misr Bank at the highest interest rate at the level of the banking sector … Read more
The U.S. Federal Reserve’s (Fed) balance sheet reduction policy may end this year, which is a good reason for U.S. government bonds to continue their gains in 2023, but the positive effects may be offset by factors such as the fiscal deficit. Minutes of the Fed’s December 12-13 meeting released earlier this week showed that … Read more
As 2024 approaches, it remains a huge unknown for markets and economists as to when the U.S. Federal Reserve (Fed) will begin cutting interest rates. The minutes of the last monetary policy meeting of the Federal Open Market Committee (FOMC) last year will be released at 3 a.m. Taiwan time on Thursday (4th). Some analysts … Read more
Global government bonds got off to a cautious start to the year as traders scaled back bets on major central banks cutting interest rates significantly this year. Germany 10-Year Treasury Bond YieldOn Tuesday (2nd), it jumped 9 basis points to 2.11%, a new high in more than two weeks, while the UK 10-Year Treasury Bond … Read more