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Tag: Economic indicators

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Consumer Debt Surpasses $17 Trillion Despite Decline in Mortgage Demand

Total consumer debt in the United States reached a record high in the first quarter of 2023, surpassing $17 trillion, even as the demand...

US Recession Could Bring Relief to Markets, Strategist Suggests

A potential US recession in the second half of 2023 could actually be "good news" for markets, according to Michael Yoshikami, founder and CEO...

April Inflation Rises 0.4%, Fueling Speculation of Prolonged Higher Interest Rates

In April, inflation in the United States remained stubbornly high, potentially indicating that interest rates could remain elevated for an extended period. The personal...

UK Inflation Drops Sharply in April, Signaling Positive Shift in Economy

The Office for National Statistics has reported a significant drop in UK inflation for the month of April. Headline Consumer Price Index (CPI) inflation...

“Intensifying Debate at Federal Reserve: To Hike or Pause? Inflation Concerns Linger”

In recent public engagements, the Federal Reserve's top officials have been engaged in a heated debate about whether to proceed with another interest rate...

“China’s Economic Uncertainty and Geopolitical Tensions Trigger Global Investor Concerns”

Chinese shares have experienced a significant decline in value since April 18, raising concerns among investors. The uncertainty surrounding China's economic recovery, along with...

Federal Reserve Signals Pause in Interest Rate Hikes, Citing Economic Assessment and Banking Sector Concerns

In a recent speech, Federal Reserve Chair Jerome Powell indicated that the central bank is likely to forgo an increase in its benchmark interest...

Federal Reserve Raises Interest Rates to 16-Year High Amidst Inflation Concerns

The Federal Reserve has announced its decision to raise its key federal funds rate to over 5%, marking a 16-year high, as part of...

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