The GBP/USD exchange rate resumed its downward trend after the recent UK and US economic numbers. The pair dropped to a low of 1.2170 and is nearing its lowest level since October 2023. It has fallen by almost 10% from its highest level in 2024.
The Fed will bail out the Treasury with a rate cut but that won't reduce the raising burden of interest expenses because it's not just the cost of debt, it's the raising debt.
What will surprise Wall Street is that governments are rendered powerless to prevent the rise in yields when inflation and insolvency risks currently abound.
With inflation and jobs behind us, it’s time to shift our focus 6,700 miles west to Tokyo. The Bank of Japan appears poised for another rate hike next week, with odds now at 77%. Monitor the VIX for early warning signals.
The Federal Reserve causes the problems/crises with which it continues to grapple. The economic devastation caused by those problems can be overwhelming and unmanageable.
US core consumer-price gains eased during December, sparking a rally in bonds Q4 earnings season is off to a strong start. The potential for additional fiscal stimulus in China will be a key watchpoint for investors this year
Investors are rejoicing after a second round of slightly cooler inflation figures. Stocks are surging, gold and silver are rallying, and interest rates and the dollar are dropping.
Apple Inc.'s past week: Apple Watch saves CEO's father, potential credit card partner shuffle, declining China market share, Zuckerberg's criticism, and potential upside in stock due to cost reductions.
The National Bank of Poland's governor has taken an even more hawkish stance in Friday's press conference. A rebound in inflation should delay discussions on rate cuts beyond the fourth quarter.
Over the last four months, the Federal Reserve has cut interest rates by a full percentage point. It started with a supersize 50 basis point cut in September, followed by quarter-point cuts in November and December.
Neighborhood Parcel, a trusted business center serving the community with residential and business shredding services since 2007, is announcing its first-ever adjustment to shredding rates. Starting [effective date], the cost for our shredding services will increase from $0.89 to $0.99 per pound. This modest increase comes after 17 years of unwavering commitment to affordability, transparency, and exceptional service.BOSTON - Jan. 18, 2025 - PRLog -- "This decision was not made lightly," said Hanson Webb, CEO of Neighborhood Parcel. "We've held our rates steady since the day we launched this service in 2007, resisting the urge to follow market trends or pass on rising costs to our clients. But the reality is that the cost of doing business has gone up significantly, from inflation to operational expenses. This small adjustment is necessary to continue providing the secure, high-quality shredding services our clients rely on."A Legacy of Transparency and ValueThe original rate of $0.89 per pound has been a hallmark of Neighborhood Parcel's commitment to affordability. Even with the increase to $0.99 per pound, clients can rest assured that they are still receiving exceptional value. For comparison:
The sell-off in stocks reversed abruptly this week on better-than-expected inflation readings; investors will want to see strong earnings to support the rally
Gold prices fell on Friday as investors resorted to booking profits after a surge on Thursday. Softer inflation data in the US this week weighed on the dollar and bond yields, benefiting gold prices.
A benign December inflation report was all it took to ignite another strong rally on Wall Street, with major indices delivering their best weekly performance since the post-election surge in early November
The EUR/USD pair weakens to near 1.0290 during the early European session on Friday. The expectation of further rate cuts by the European Central Bank (ECB) drags the Euro (EUR) lower against the Greenback.
CardSurfer, a pioneering fintech company, today announced the launch of its innovative AI-powered platform designed to simplify the process of finding the perfect credit card. In a market saturated with countless options, CardSurfer’s intelligent algorithms cut through the noise to provide personalized recommendations tailored to individual spending habits and financial goals.
