Skip to content
Trade Tensions China And USA

Biden Imposes Tariffs on Chinese Imports

Domestic Politics had Role in New Tariffs on China Biden plans to raise tariffs this year on various products under Section 301 of the Trade Act of 1974. The tariffs on electric vehicles (EVs) will increase from 25% to 100%,…

Read more
Concept Of Inflation And Economic Problems

CPI Inflation Index Below Expectations by 0.3%

Market Expections Rise for September Rate Cut Summary: US inflation fell to 3.4% in April, meeting economists' expectations, leading investors to anticipate Federal Reserve interest rate cuts. The CPI data indicated a decrease from March and halted a streak of…

Read more
Bank Of England Twenty Pound Note

Bank of England Holds Rates Steady

BOE's Monetary Policy Committee Voted 7–2 to Keep Rates on Hold The Bank of England decided to keep its key interest rate unchanged at 5.25%, but hinted at potential rate cuts in the coming months, possibly as early as June.…

Read more
Federal Reserve Building

FED Holds Rates Steady amid Stubborn Inflation

FED Keeps Rates on Hold Summary: The Federal Reserve decided to leave interest rates unchanged due to concerns about inflation and affirmed the need for more evidence before considering rate cuts. Chairman Jerome Powell stated that it might take longer…

Read more
Bank Of Japan Yen Notes

BOJ Intervention of $59 Billion Boosts Japanese Yen

Bank of Japan Intevenes Twice to Shore up the Yen Summary: Japanese authorities intervened in the currency market with about $59 Billion USD (equivalent to 9 Trillion Yen) to shore up the Japanese Yen. This was done through two interventions…

Read more
Federal Researve System Logo

FED Decision and Mixed Economic Signals

Economic Data Send Mixed Signals Today,  the market received mixed signals from the economic data releases (GDP, jobless claims) and this outlook is just ahead of the FOMC meeting next week.   For example, Q1 GDP came in at 1.6% annualized…

Read more