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Category inflation data

BlackRock’s Rieder Sees Surprise September Rate Cut as Inflation Holds

BlackRock’s Rieder Sees Surprise September Rate Cut as Inflation Holds

BlackRock’s Chief Investment Officer Rick Rieder believes a September rate cut is increasingly likely as US inflation trends…
US Core PPI falls to 3.4% –  Lower Than Expectations

US Core PPI falls to 3.4% – Lower Than Expectations

The Core PPI inflation data, at the time of writing, showed a 0.3% rise in January, and also…
Currency: US Dollar May Plummet This Week: Here’s Why 

Currency: US Dollar May Plummet This Week: Here’s Why 

The US dollar is currently bracing for volatility as pivotal market shifts sparked by President Donald Trump are…
UBS Expects Higher Gold Prices as US Dollar Weakens — ‘Gold’s Rally Has Further to Run’

UBS Expects Higher Gold Prices as US Dollar Weakens — ‘Gold’s Rally Has Further to Run’

Global investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay unde...
Jerome Powell Signals No Rate Cuts Amid Weak Inflation Data!

Jerome Powell Signals No Rate Cuts Amid Weak Inflation Data!

Federal Reserve Chairman Jerome Powell said recent inflation data figures do not justify the level of optimism that would lead the Federal Reserve ...