consumer spending
What US Federal Reserve Interest Rate Cut Means for Global Markets
The upcoming interest rate cut by the U.S. Federal Reserve, anticipated during the Federal Open Market Committee (FOMC) meeting on September 17-18, 2024, is set to have significant implications for both the U.S. and global markets. The decision to lower the federal funds rate, which currently stands at a two-decade high of 5.25% to 5.50%, […]
Federal rate cut bets take centre stage
The anticipation surrounding Federal Reserve interest rate cuts has become a focal point for global markets, influencing economic sentiment and investment strategies. As discussions intensify regarding potential cuts, it is essential to understand the implications of such decisions, not only within the U.S. economy but also on a global scale. Understanding Federal Rate Cuts The […]
2023 US Economic Overview: Income gains, inflation eases, poverty grows
The economic landscape of the United States in 2023 has been marked by significant developments, including income gains, easing inflation, and a troubling rise in poverty levels. This overview examines these key trends and their implications for American households and the broader economy. Economic Growth and Job Market Despite initial forecasts predicting a recession, the […]