URGENT: US May CPI-U flat
The US Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in May, following a 0.3 per cent…
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US economy
World Bank raises global growth forecast
The World Bank revised its global economic outlook upwards, now projecting a 2.6 per cent expansion in 2024,…
Oil surges on Tuesday
Oil saw its largest surge since March, ahead of an impending OPEC+ report offering market insights.
US equity investors cautiously optimistic – S&P Global
Risk sentiment among U.S. equity investors has pulled back from its 2½-year high in May, according to a measure of…
US inflation to ease in H2; says New York Fed’s Williams
New York Fed president John Williams said on Thursday that he expects US inflation to start cooling down again in…
US economy expands at slower pace in Q1
The US economy expanded at a slower pace in Q1 due to downward adjustments in consumer spending.
Deutsche Bank sets highest S&P 500 year-end target at 5,500
Deutsche Bank has increased its year-end S&P 500 target for 2024 to 5,500, the highest among major brokerages,…
UREGENT: US inflation up 0.3% in April
US Consumer Price Index for All Urban Consumers (CPI-U) rose to 0.3 per cent in April, following a 0.4 per cent…
URGENT: US Fed leaves rates unchanged
The Federal Reserve decided to leave the interest rates unchanged at 5.25-5.50 per cent on Wednesday.
US economy slows to 1.6% in Q1 of ’24 – BEA
The US economy grew at a sluggish 1.6 per cent annual rate in the first quarter of 2024.