26 August 2024
Fed Signals Time for Rate Cuts
Federal Reserve Chair Jerome Powell signalled that the Fed is gearing up for a series of interest rate cuts during his annual address at Jackson Hole, Wyoming, stating, 'The time has come for policy to adjust’.
19 August 2024
July Inflation Eases, Fuelling Fed Rate Cut Hopes
U.S. retail sales exceeded expectations in July, rising by 1.0% following a downwardly revised 0.2% decline in June, according to the Commerce Department’s Census Bureau.
12 August 2024
A Volatile Week for Markets
Global financial markets experienced renewed volatility this week, driven by concerns over a potential U.S. recession, which many consider premature.
5 August 2024
Divergence in Central Bank policy
Global equity markets fell this week amid growing concerns about a slowing US economy. The Institute for Supply Management’s ISM manufacturing index slumped, and weekly jobless claims rose, intensifying fears of a…