Fed

The Atlanta Federal Reserve released its preliminary estimate of third-quarter GDP growth. It expects growth of 2.8% in the third quarter.In their own words:The GDPNow model's preliminary estimate of real GDP growth (seasonally adjusted…

Atlanta's GDP growth estimate for the second quarter is now 2.6% versus 2.7% previously. This will be the last modeled report for the second quarter. At 8:30 a.m., advanced GDP will be released. Economists' survey estimates a lower figure…

Previous was +1.36-month index +38.7 vs. +13.8 previouslyCapital +7.4 vs. +12.1 previouslyEmployment: +15.2 vs. -2.5 previouslyNew Orders: +20.7 vs. -2.2 previouslyPrices paid: +19.8 vs. +22.5 previouslyReceived prices: +24.2 vs. +13.7…

UBS revised its exchange rate forecasts, citing a lack of strength in the US dollar despite expectations that some political events would support it. Contrary to these expectations, gold and bitcoin prices rose, but not the US dollar.…

The Dow Jones rose more than 700 points on Tuesday.Getty ImagesThe Dow Jones rose more than 700 basis points on Tuesday.Small-cap stocks saw the biggest gain as bets on lower interest rates helped drive rotation to other parts of the…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

Investing.com - The U.S. dollar has found its footing after a few weeks of struggle, but as bears sharpen their claws for another strike, some are pointing to favorable fundamentals including pricing in interest rate cuts that will provide…

The Fed’s blackout begins Friday at midnight and there’s little chance of a rate surprise unless officials announce it first. The main chance to do so today comes with Powell’s appearance at 12:30 p.m. ET at the Economic Club of…

Powell checks the calendar (AI image)I wish you a happy Monday and certainly a happier one than it could have been.The Fed chairman spoke twice last week, so it’s hard to imagine he’ll change his stance, but he had the CPI from the second…

U.S. consumer prices fell unexpectedly in June, The consumer price index fell 0.1% on a monthly basis. This represents the first decline since May 2020 and is in contrast to the expected 0.1% increase. It also represents a shift from the…