The Fed spoke – The Dollar didn’t listen yet Yesterday’s FOMC meeting delivered the most hawkish policy signal of the year. Inflation forecasts revised sharply higher to 3.6%, nine officials penciling in at least one rate hike before year-end, and a 130-word statement stri
The Philly Fed Manufacturing Index stood at 10.3, compared to -0.4 in May and against the consensus of 10.0, according to data released by the Philadelphia Federal Reserve on Thursday. Business conditions: 50.2 vs. 53.2 in May Capex: 41.20 vs. 30.90 prior Employment: 7.9 v
The June reading signals expanding manufacturing activity in the Third District, exceeding economists' expectations of 10.0. The Philadelphia Fed’s manufacturing index climbed to 10.3 in June, up from a revised -0.4 in May and above the 10.0 estimate. The gauge, which trac
Investors brace for potential sell-off after SpaceX shares fall from $213 to $191, testing valuation stability. SpaceX shares declined 10% to $191 from $213 as a $100 billion lock-up period expired, raising concerns over a potential investor dump. The drop challenges Elon
Your mortgage interest rate has a big impact on what you actually pay each month, so it's an important number. But there's also real life to think about Is the house big enough? Is it in the right location? Will that quirky bedroom layout or wood wall paneling drive
Four major central banks remain in tightening mode, with markets pricing further hikes despite cooling energy prices. Central banks in the G10 economies are maintaining a hawkish stance, with four already raising rates and others prepared to act if inflation persists. The
The BoE maintained its benchmark rate unchanged as inflation data softens and wage growth cools, despite split committee views. The Bank of England kept its Bank Rate steady at 3.75%, aligning with market expectations. The decision reflects easing wage and price inflation,
The Bank of England held rates steady for a second meeting as inflation eased to 2.8%, though energy price caps threaten a rebound. The Bank of England left its key interest rate unchanged at 3.75% on Thursday, matching economist forecasts. Seven of nine Monetary Policy Co
The Bank of England kept its benchmark rate unchanged at 3.75%, with two members dissenting in favor of a 25-basis-point hike. The Bank of England left its benchmark interest rate at 3.75% following its June meeting, aligning with market expectations. The decision was back
August gold futures fell sharply after the Fed signaled potential rate hikes to curb inflation despite a U.S.-Iran peace deal. Gold August futures opened at $4,275.10 per troy ounce on June 18, 2026, down 2.4% from Wednesday’s close of $4,381.40. Prices later recovered sli
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