Inflation Likely to Moderate as US Retail Sales Show Resurgence Inflation Likely to Moderate as US Retail Sales Show Resurgence Inflation dip supports Fed’s cautious stance Inflation in the US is predicted to have shown gradual signs of abatement in the past month, signaling a glimmer of stability in the nation’s economy and reducing the … Read more
The Stock Market Loses Steam Amid Upcoming Economic Data and Fed Remarks Overview The stock market experienced a loss of momentum, just shy of reaching record highs. Traders are bracing themselves for a series of economic data releases and anticipating remarks from Federal Reserve speakers, both of which are expected to impact the outlook for … Read more
The Bureau of Labor Statistics (BLS) reported recent data on the nation’s high inflation related to food prices. He highlighted that the increase in grocery prices is higher compared to general prices in the United States. The Consumer Price Index (CPI) was 3.1% in January 2024, however it is still less than the levels reached … Read more
Top Stories from the Financial Market Stock Market Today: Dow, S&P Live Updates for Feb. 19, 2024 Around the world, investors are closely monitoring the latest movements in the stock market. The Dow Jones and S&P 500 indexes continue to be in the spotlight, attracting both cautious and optimistic investors. As we explore the happenings … Read more
Federal Reserve Poised for Potential Interest Rate Cut The Federal Reserve’s policymakers may be on the precipice of taking action by cutting interest rates, signaling a potential change in the current economic landscape. Investor Enthusiasm Surrounding US Central Bank As the week’s two-day policy meeting, which concludes on Wednesday in Washington, gains momentum, the investor … Read more
The Dow Jones New York Stock Exchange Index closed positive on Monday (Dec. 18), with the market still supported by expectations that the Federal Reserve (Fed) will begin cutting interest rates next year. While investors keep an eye on US economic data this week. Including the November Personal Consumption Expenditures (PCE) price index, which is … Read more
WTI crude futures rose more than 1% to $70 after the US released the Personal Consumption Expenditure (PCE) price index, indicating that inflation had peaked. And will be a factor to slow down interest rate hikes by the Federal Reserve (Fed). At 9:55 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in … Read more