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Archive for admin
Today’s Important Developments 16.02.2024
The US Department of Labor announced weekly data on unemployment benefits applications. Accordingly, the number of people applying for unemployment benefits for the first time in the country decreased by 8 thousand people in the week ending February 10 compared to the previous week, falling to 212 thousand. It was predicted that the number of […]
Today’s Important Developments 15.02.2024
The US Department of Labor has published its annual update on the seasonal adjustment of producer inflation. Accordingly, the change in PPI in the country, which was previously announced as a 0.1 percent decrease for December 2023, was revised as a 0.2 percent decrease. The decrease in PPI data for October and November last year […]
Today’s Important Developments 14.02.2024
Inflation in the US exceeded forecasts in January. According to the data of the US Department of Labor, monthly inflation was 0.3% and annual inflation was 3.1%. The expectation was that inflation would be 0.2% monthly and decline to 2.9% annually. Inflation was 0.2% monthly and 3.4% annually in December last year. US Treasury Secretary […]
Today’s Important Developments 13.02.2024
The US Federal Reserve (Fed) New York Branch published the results of the Consumer Expectations Survey for January. According to the results of the survey conducted with the participation of approximately 1300 households, the short-term median inflation expectation covering the next 12 months remained unchanged at 3 percent in January. Thus, short-term inflation expectation continued […]
Today’s Important Developments 12.02.2024
The Fed interest rate cut expectations in the markets have begun to converge with the projections of the US Federal Reserve members. There is a calm atmosphere in the markets before the critical US inflation data to be announced tomorrow. Investors have started pricing in four, at most five, interest rate cuts this year in […]
