USD/CHF rises slightly toward 0.7850 before Swiss inflation report
The USD/CHF pair saw its third consecutive day of gains, reaching around 0.7840 during Asian trading on Tuesday. Meanwhile, the Swiss Federal Statistical Office is set to release the consumer price index (CPI) data for April today. On Monday, Switzerland’s SVME Manufacturing Purchasing Managers’ Index (PMI) climbed to 54.5 for April, rising from 53.3 and […]
US economy expands by 2% as job cuts fall to a 55-year low, while inflation persists
The U.S. economy expanded at an annual rate of 2% in the first quarter, according to recent data. Core inflation also climbed 3.2% year-on-year in March, showcasing a mixed yet resilient performance. Growth came in a tad below expectations. The Commerce Department reported that the economy grew at a 2% annualized rate in the first […]
Inflation measure favored by the Fed reaches a three-year peak as gas prices soar due to the conflict in Iran.
U.S. Inflation Rises in March Amid Gasoline Price Surge Inflation in the U.S. picked up speed in March, largely due to rising gasoline prices, which have been influenced by the ongoing conflict in Iran. This has led many in the financial markets to speculate that the Federal Reserve might maintain current interest rates throughout next […]
March PCE: Inflation stayed high during the Iran conflict
Economic Outlook and Inflation Insights RBC Chief Economist Francis Donald shared insights on the economic landscape, including his predictions for U.S. GDP and inflation risks ahead. He noted the nuances of the labor market and consumer spending, which are leading to economic polarization. This article addresses the evolving situation regarding March 2026 PCE Inflation, and […]
EUR/USD falls to near 1.1650 as Eurozone inflation and ECB interest rates approach
The euro (EUR) has declined against the US dollar (USD) for the third consecutive day as of Thursday, trading at 1.1663 and moving down from a weekly peak of 1.1755. A shift towards a more hawkish stance from the US Federal Reserve, combined with ongoing tensions in the Middle East, is propelling demand for the […]
States Accumulate Gold Bars to Protect Against Inflation
States Stockpiling Gold Amid Economic Concerns Amid worries about rising prices and significant federal spending, several states are beginning to amass gold bars. Texas, Florida, Utah, and Wyoming have implemented laws to build up gold reserves, seeking to mitigate inflation and excessive federal expenditure. State officials noted that these measures also aim to enhance access […]
Bitcoin’s upward trend faces a warning about inflation supported by the Pentagon.
Like Bitcoin, which was making strides to surpass $80,000, macroeconomic factors are creating headwinds. The Pentagon recently informed U.S. lawmakers in a confidential briefing that demining the Strait of Hormuz, a key oil transit route, might take at least six months, and that operations would only commence post-resolution of the U.S.-Iranian conflict. This briefing also […]
What is Kevin Warsh’s perspective on the Fed’s inflation goals?
Kevin Warsh’s Senate Testimony on Federal Reserve Nomination Kevin Warsh is set to testify on Tuesday regarding his nomination to lead the Federal Reserve, and it’s likely senators will ask him about the Fed’s inflation target of 2%. This comes in light of ongoing price pressures that have impacted the U.S. economy since the pandemic […]
Rising Inflation: 3 Stocks to Consider for Protecting Your Portfolio
The consumer price index, which tracks what consumers typically pay for a range of everyday goods, increased to 3.3% in March, up from 2.4% in February. This uptick is largely attributed to rising gasoline prices, which have a ripple effect across various sectors of the economy. Such inflationary pressures can impact the stock market—a fact […]
Rising Inflation: 3 Stocks to Consider for Protecting Your Investments
Consumer Price Index Update The consumer price index (CPI), which reflects what consumers pay for everyday goods, increased to 3.3% in March from 2.4% the previous month. This rise is largely attributed to climbing gasoline prices, which have an impact on other economic sectors. As prices increase, they’re also influencing the stock market—it’s already showing […]