Top-of-mind economic news as we start the week: — Oil prices rose 5% to around $86/barrel (Brent Crude) after OPEC said it will cut output by 1.16 million barrels/day; a
Top-of-mind economic headlines as we start the week: — The Federal Reserve raised its key interest rate another 0.25 points to fight inflation, despite turmoil in the ba
Top-of-mind economic headlines as we start the week: — UBS is to buy Credit Suisse, a systemically important bank on the verge of collapse, for $3.3 billion in a deal su
Top-of-mind economic news as we start the week: — US bank regulators put backstop and emergency measures in place over the weekend, after SVB Financial and Signature Ban
Top-of-mind economic news as we start the week: — The yield on 2-year US Treasury bills hit 4.88%, the highest level in more than a decade; meanwhile, 10-year Treasury y
Top-of-mind economic news as we start the week: — Inflation as measured by two key gauges rose in January, up 5.4% per the PCE Index and 6.4% by the CPI; the Fed target
Top-of-mind economic news as we start the week: — Federal Reserve officials stressed the need to keep raising their key rate in order to curb inflation, which is running
— S&P 500 earnings for 4th quarter 2022 are down 4.9% (based on nearly 70% of companies reporting), the first downturn since the 3rd quarter 2020. — The S&
Top-of-mind economic news as we start the week: — The Federal Reserve raised its key interest rate by 25 basis points to range of 4.5% – 4.75%, the highest level s