Annual inflation rose in March and underlying price pressures remained strong, raising questions about how much the US Federal Reserve will be able to cut interest rates this year. The Wall Street Journal Edition writesthat the consumer price index – a measure of prices for goods and services – rose 3.5% in March compared with … Read more
Krungsri Bank The next week, the baht is expected to move within a range of 33.90-34.70 baht per dollar. Sticking to the US’s first quarter GDP – PCE inflation Mar – BOJ meeting results While Krung Thai Bank sees a weak trend in the direction of the dollar – gold prices Ms. Rung Sanguanruang, Director … Read more
Federal Reserve Chairman Jerome Powell stressed that monetary policymakers have not yet decided on the size of the rate hike later this month, and said it hinges on upcoming jobs and inflation reports. On the second day of congressional testimony, Powell told the House Financial Services Committee on Wednesday, “We haven’t made any decisions regarding … Read more
The inflation target is ambitious Fed officials said they are keeping a close eye on key economic indicators, but investors should expect the numbers to remain mixed even with lower inflation, according to Chris Harvey, head of equity strategy at Wells Fargo. “We’re in a good position that the economy hasn’t cracked,” he said on … Read more
Mr. Watan Jitsomnuek, Director of Strategic Analysis Department, Pie Securities (PI), told Nation Online that this week investors around the world will give the most weight toUS inflation Know the official results at 8:30 p.m. on February 14, Thailand time. Bloomberg estimates it at 6.2%YoY, if announced, lower than market expectations, viewed as a short-term … Read more
Growing confidence in the recovery of the Chinese economy and mounting evidence of a cooling rate United States inflation forward in support to oil prices Raw for the sixth day. West Texas Intermediate crude rose by 1.3%, settling above $78 a barrel, in the longest streak of daily gains since February. The US Consumer Price … Read more
An important measure of consumer prices united statethe second smaller increase this year, at a time of accelerating spending, which bolsters hopes for a hike interest rates which the council does Federal reserve It really calms down inflation without driving the economy into a recession. The US Department of Commerce on Thursday released data that … Read more
Unrest in China US-listed Chinese stocks rebounded after a heavy sell-off, while Apple shares fell after a Bloomberg News report said unrest in China could lead to nearly 6 million iPhone Pro production cuts this year . China’s woes complicate expectations of its path to reopening the economy, with authorities mobilizing substantial numbers of police … Read more
While several states are considering sending stimulus checks or a tax refund to their residents to offset the country’s highest inflation in four decades, coupled with rising prices due to supply chain disruptions and war in Ukraine; Many Americans wonder if it is possible for the federal government to issue a new stimulus check or … Read more
While several states are considering sending stimulus checks or a tax refund to their residents to offset the country’s highest inflation in the past four decades, coupled with rising prices due to supply chain disruptions and the war in Ukraine; Many Americans are wondering whether it is possible for the federal government to issue a … Read more