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Tag: U.S. economy


Capital and Risk, Liquidity

USD Breaking News: Dollar Finds Support After Strong Durable Goods Release

June 27, 2022

Via: DailyFX

Durable goods orders are used as a barometer for the U.S. economy by measuring industrial activity. This economic indicator represents new order data from U.S. manufacturers for higher value goods that are said to last over three years. Increasing durable […]


Capital and Risk, Liquidity

US Dollar Softens After Weak US Business Activity Data Raises Recession Odds

June 23, 2022

Via: DailyFX

U.S. economic activity continued to decelerate at the tail end of the second quarter, weighed down by sky-high price pressures and weakening demand conditions. According to S&P Global, its Flash Composite Purchasing Managers’ Index, which combines manufacturing and services production […]


Capital and Risk, Macroeconomic

Biden Administration’s Plan to Fight Inflation: ‘We Are Going to Take Action. We’re Going to Prioritize…’

June 20, 2022

Via: CNSNews.com

“We are going to take action. We’re going to prioritize. We’re going to make clear that tackling inflation is our top economic priority,” said Brian Deese, one of President Biden’s top economic advisers, on Sunday. Deese appeared on several Sunday […]


Capital and Risk, Macroeconomic

Citi CFO sees support for more Fed moves to stave off inflation

June 14, 2022

Via: Banking Dive

Prices for shelter, gas and food all rose in May following an April decline, with overall inflation increasing rapidly past expectations, damping hopes that inflation had peaked and intensifying fears of a recession. Mason’s comments come on the heels of […]


Capital and Risk, Liquidity

British Pound (GBP) Forecast: Positive Start for Cable on Spring Bank Holiday

June 2, 2022

Via: DailyFX

GBP/USD called back some of yesterday’s downside in the Asian and European sessions after the dollar took its foot off the pedal as U.S. Treasury yields eased. Currently, the UK economy is under pressure from rampant inflation and slowing manufacturing […]


Capital and Risk, Macroeconomic

Biden Economic Adviser: ‘Our Economy Is in a Period of Transition’

May 23, 2022

Via: CNSNews.com

Don’t say recession. Call it “transition,” Brian Deese, director of the White House National Economic Council, told “Fox News Sunday.” Host Martha MacCallum asked Deese if he agrees with those who say the United States is heading into recession in […]


Capital and Risk, Macroeconomic

Psaki: Biden Does Not Think His COVID Relief Package Played Any Role in Inflation Increase

May 11, 2022

Via: CNSNews.com

President Joe Biden does not believe his $1.9 trillion COVID relief package, which was signed into law last year, played any role in the increase in inflation, White House Press Secretary Jen Psaki said Tuesday. Shortly after the president’s speech […]


Capital and Risk, Macroeconomic

Government Grew by 22,000 Workers in April

May 6, 2022

Via: CNSNews.com

The number of people working for government in the United States grew by 22,000 in April, according to the employment report released today by the Bureau of Labor Statistics. In March, there were 22,167,000 people employed by government in this […]


Capital and Risk, Macroeconomic

US First Quarter GDP Shrinks 1.4%, S&P 500 Holds Gains but Uncertainty Rises

April 28, 2022

Via: DailyFX

The U.S. economy hit the brakes and downshifted abruptly during the first three months of the year, marking a sharp turnaround from the robust 6.9% expansion recorded at the end of 2021. According to the Department of Commerce, first-quarter gross […]


Capital and Risk, Macroeconomic

‘Significant slowdown in economic growth’ looms, strategist says

April 8, 2022

Via: Yahoo

Indexes extended their losses on Thursday as markets digested the latest Fed minutes, where Federal Reserve officials “generally agreed” to cut up to $95 billion a month from the central bank’s balance sheet to combat surging prices. In light of […]