Sunil Sahil
According to US Trade Representative Katherine Tai, India and the US have decided to strengthen economic relations and expand collaboration in sectors such vital minerals. This was announced on Saturday. On January 12, Tai and India’s commerce minister Piyush Goyal had their yearly trade policy meeting in New Delhi. Tai is on a three-day visit … Read more
After voters in Taiwan rejected China and awarded the governing party a third term in office, US President Joe Biden declared on Saturday that the US does not support Taiwan’s independence. Earlier in the day, Lai Ching-te, the presidential candidate of the governing Democratic Progressive Party (DPP) in Taiwan, emerged victorious, vehemently rejecting Chinese attempts … Read more
Even after a significant recovery over the previous year (it rose 43% in 2023), the Nasdaq Composite index is still down around 7% from its record high. Although history performance does not guarantee future outcomes, there is a correlation historically between growth stock success and lower interest rates. According to some observers, interest rate reductions … Read more
US equities ended Thursday’s session fairly flat, recovering from initial losses after a new estimate on December inflation came in somewhat higher than expected, casting doubt on the Federal Reserve’s future interest rate policy. The S&P 500 (GSPC), which had seen a 0.8% decline during the session, ended the day just below the flat line. … Read more
Many attendees of the three-day annual conference of the economics profession, which concluded on Sunday in San Antonio, acknowledged the challenges they have encountered in projecting the future of the economy and inflation in the post-pandemic environment. Many people thought it would take a recession to bring inflation back down after failing to predict that … Read more
Economists believe that the consumer price index, which does not include food and fuel, is a better estimate of underlying inflation. It increased 3.8% in December compared to the same month last year. The fact that this would be the lowest annual gain since May 2021 shows how far the Fed has come in reducing … Read more
Friday’s mixed stock market resulted from jobs statistics that far above forecasts, casting doubt on the likelihood of interest rate reduction by the Federal Reserve. In December, the US economy added 216,000 jobs, substantially surpassing November’s record of 173,000 jobs added. This figure flew past predictions of 175,000 jobs. The 3.7% unemployment rate did not … Read more
After the longest weekly run in the green since 2004, stocks faltered on Friday as fresh economic data fueled the debate over when the Federal Reserve will lower interest rates. More positive labour market data that will support prospects for interest rate decreases by the Fed was absorbed by investors. However, negative mood started to … Read more
The recent decline in US stocks persisted on Thursday as investors attempted to recover from a poor start to the year and Federal Reserve policymakers raised the possibility of an early interest rate decrease. Even though the benchmark S&P 500 (\GSPC) declined by around 0.3%, the Dow Jones Industrial Average (\DJI) ended the day slightly … Read more
Republicans in the House confirmed on Wednesday that a 16-day partial government shutdown, primarily due to immigration, may be imminent. House Speaker Mike Johnson and his Republican colleagues reaffirmed in a series of remarks that when the government budget discussions go back up in the autumn, their main goal would be to make the border … Read more
