The 2-year U.S. Treasury yield rose to its 15-year high after the Federal Reserve’s...
UK Inflation Hits Fresh 40-Year High as Rising Food and Energy Prices Weigh on Consumers
U.K. inflation hit a fresh 40-year high in July as surging food and energy...
Fed’s James Bullard Believes in Soft Landing amid Rate Hikes Potential
St. Louis Federal Reserve President James Bullard said that he still believes the U.S....
IMF Says Recession Fears Keep Commodity Prices Down as Inflation Has Not Been Tamed
Commodity prices have been on a downside in recent weeks as fears over recession...
S&P Cuts US 2023 GDP to 1.6% as Fed’s Rate Hikes Risk Recession
The S&P 500 has revised down the U.S. GDP forecast in 2023 to 1.6%...
Big Financial Firms Cut US GDP Growth as Recession Looms in 2022-23
The outlook of the U.S. economy does not look as bright as it was...