ECONOMY This week, all eyes were on the U.S. Federal Reserve as it concluded its latest policy meeting. The central bank decided to hold its benchmark interest rate steady, which was widely expected. However, the big news was in its projections for the future. Officials now anticipate only one interest rate cut in 2024, a…
Category: Finance News
We’ll discuss relevant financial news and events.
PCE Report Reveals STUBBORN INFLATION: What It Means For Your Rates & Wallet
The latest PCE inflation report has just been released, and it’s sending clear signals about the state of the U.S. economy and, more importantly, your wallet. If you’ve been wondering why the cost of borrowing remains high or when we might see some relief, this report holds critical clues. We are going to break down…
Weekly Summary: Persistent INFLATION, Rising DEBT, and Market Shifts
Welcome to your weekly roundup of key happenings in the world of economy, finance, and investments. We aim to break down complex events into understandable insights to keep you informed. ECONOMY This week, significant economic indicators have drawn attention, painting a mixed picture of global economic health and influencing policy discussions. US Inflation Remains a…
The Fed’s Hawkish Signal: Why **INTEREST RATES** Will Stay High & What It Means For Your Wallet
The path of interest rates and their impact on your personal finance decisions are often shaped by complex discussions within institutions like the Federal Reserve. Recently, newly released details from the Fed’s latest policy meeting have offered fresh insights into their thinking, and it’s something everyone should understand, as it touches our daily economic lives…