US consumer spending exits third quarter on strong note; monthly core inflation rises
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending surged in September as households boosted purchases of motor vehicles and...
Economy
Slowing economy presenting more challenges: NABE
The nation's leading economists stopped short of forecasting a full-blown recession, but they do see headwinds for the U.S. economy. ...
Fed Rate Cut Anticipated In June 2024 Amid Easing Inflation And Robust Consumer Spending
The Federal Reserve is expected to maintain its current rates, as traders forecast the first rate cut to occur in...
RBI Raises Non-callable Bank FDs Cap and Mandates CICs for Improved Customer Service
The Reserve Bank of India (RBI) has recently raised the cap for non-callable bank fixed deposits (FDs) to Rs 1...
EKJFX Mutual Fund Underperforms With High Volatility and Low Returns
San Francisco-based EKJFX mutual fund, part of the Allspring family, has been struggling with underperformance and high market volatility, according...
Inflationary Pressure Mounts As PCE Indices Exceed Federal Reserve’s Target
The Federal Reserve's Core Personal Consumption Expenditures (PCE) Deflator for September dipped to a four-month low of 3.7% year-on-year (YoY),...
Lula says no need to erase Brazil’s fiscal deficit next year
By Lisandra Paraguassu BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Friday that his government does not...
Fed’s Restrictive Policy Impacts Housing And Job Markets Amid Steady Inflation
The Federal Reserve's (Fed) restrictive monetary policy is having significant effects on the housing market and other interest-rate sensitive sectors,...
Inflation Persists Amid Robust Consumer Spending and Economic Growth
The Federal Reserve's inflation monitor for September has indicated continuous price hikes, driven by strong consumer spending and economic growth....
Fed Focuses On PCE Data As Bitcoin Steadies At $34,000
's current standing at approximately $34,000 coincides with the Federal Reserve's attention on Personal Consumption Expenditures (PCE) data, a key...
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