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monetary policy

The Federal Reserve Could Lower Interest Rates, Which Is Good News For Your Car Loans

by Adesola Mojo
The Federal Reserve Could Lower Interest Rates, Which Is Good News For Your Car Loans

Photo: Justin Sullivan (Getty Images) Jerome Powell, chairman of the Federal Reserve, said earlier today that inflation is on its way back down to reasonable levels — levels that would …

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Categories Automobile

Fed signals possible rate cut; Wall Street soars

by Adrian Jhonsan
Fed signals possible rate cut; Wall Street soars

This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they …

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Categories World

Budget 2024: Centre Allocates Rs 26,000 Crore For Mega Road Projects In Bihar

by Adrian Jhonsan
Budget 2024: Centre Allocates Rs 26,000 Crore For Mega Road Projects In Bihar

Home News Budget 2024: Centre Allocates Rs 26,000 Crore For Mega Road Projects In Bihar – Key Takeaways Other bonanza in Budget 2024 for NDA-ruled Bihar, include setting up of …

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Categories World

What recent small cap rally says about risk

by Adrian Jhonsan
What recent small cap rally says about risk

The money flow into small caps may not be a rotation from winning growth trades. Dave Nadig, ETF journalist and financial futurist, sees investors “just buying, buying, buying.” “What we’re …

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Categories World

Chance of Biden dropping out of presidental race is 40%, Stifel says

by Adrian Jhonsan
Chance of Biden dropping out of presidental race is 40%, Stifel says

There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington policy strategist, is out with a research note that calls …

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Categories World

Commercial vehicle sales surpass expectations, indicating strong economic activity

by Adesola Mojo
Commercial vehicle sales surpass expectations, indicating strong economic activity

Sales of commercial vehicles – a barometer of economic activity – surpassed expectations last quarter driven by strong replacement demand and continued government spending on infrastructure. As per industry estimates, …

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Categories Automobile

10-year Treasury yield tumbles after weak economic data

by Adrian Jhonsan
10-year Treasury yield tumbles after weak economic data

The 10-year U.S. Treasury yield retreated for another session on Wednesday after weak economic data. The yield on the 10-year Treasury dropped by more than 8 basis points to 4.352%. …

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Categories World

Walmart bubble due to high-income grocery spending, warns Bill Simon

by Adrian Jhonsan
Walmart bubble due to high-income grocery spending, warns Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns …

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Categories World

Australia’s budget is expected to target housing affordability crisis

by Adrian Jhonsan
Australia’s budget is expected to target housing affordability crisis

An aerial photograph of houses and apartments on coastline in North Bondi, Sydney, Australia. Recent reports indicate that Australian home prices are set to continue their upward trend, driven by …

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Categories World

Inflation ETF may be in a sweet spot even if Fed cuts rates

by Adrian Jhonsan
Inflation ETF may be in a sweet spot even if Fed cuts rates

It’s an exchange-traded fund designed to profit from higher rates. But even if the Federal Reserve starts to cut this year, Horizon Kinetics’ James Davolos thinks his firm’s Inflation Beneficiaries …

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Categories World
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