Rising inflation and interest rates trigger downgrade trend in US car market: Ipsos
Declining customer affordability due to rising interest rates and inflation leading to a downgrade trend…
Browsing: Markets
US Fed official says interest rates ‘at, or near’ peak
The US central bank has raised interest rates 11 times since March 2022 in a…
How Much Savings Do Americans Have Left, Anyway?
Everybody knows that U.S. households’ savings soared after the pandemic struck, as the combined effects…
US Federal Reserve to hold rates steady, but signal policy path in meeting this week
In June the Fed paused, but the quarterly economic projections accompanying that decision showed 12…
Inflation woes persist for small businesses as they struggle to hire
America’s small businesses felt gloomier in August as they continued to struggle with inflation and…
The US economy still seems to be avoiding a recession
The US added 187,000 jobs over the last month. It’s more than expected. In August,…
Bank of America forecasts no rate cuts for UK until 2025 due to ‘entrenched inflation’
Bank of America has predicted the Bank of England will not be able to cut…
US consumer confidence wanes with prices still high and signs of a cooling job market
Americans are feeling less confident financially as summer comes to a close and high prices…
Eurozone inflation slows and other economics stories to read this week
1. Eurozone inflation slows further The latest data from Eurostat has shown that Eurozone inflation…
Biden defends Inflation Reduction Act, dares critics to name a failure in anniversary speech
President Biden defends achievements and challenges critics during one-year anniversary speech for Inflation Reduction Act,…