Economy

Persistent US federal deficits hurt GDP, incomes & living standards: Piper

The persistent and large federal deficits in the US, estimated at around $1.8 trillion (6.4% of GDP), are posing noteworthy risks to the economy, Piper Sandler economists said in a Tuesday report.

Steady Growth and Resilient Demand: A Positive Outlook for India's Economy

This article first appeared in Investing.com

Waller's remarks raise risk of a later first cut by Fed: Goldman Sachs

Goldman Sachs (NYSE:GS) said that the first interest rate cut may come later than the bank’s forecast of July, citing the latest comments by Federal Reserve Governor Christopher Waller.

Nvidia earnings, Fed minutes, UK inflation - what's moving markets

RBNZ keeps interest rates steady, sees delayed cuts amid sticky inflation

Investing.com-- The Reserve Bank of New Zealand kept interest rates steady as expected on Wednesday, but flagged a potential delay in interest rate cuts due to headwinds from sticky inflation.

UBS Insights: Unraveling the RBA's hawkish rhetoric vs dovish approach

Investing.com - Analysts at UBS have recently provided an insightful interpretation of the Reserve Bank of Australia's (RBA) May meeting minutes. Even though the minutes appeared to lean towards a haw

Fed's Waller: 'The idea of only one cut doesn't make a lot of sense'

Investing.com -- Inflation in the U.S. is slowing toward the Federal Reserve's 2% target level thanks in part to a run of interest rate hikes instituted by the central bank, according to Fed Governor

Futures muted, Palo Alto Networks' billings forecast - what's moving markets

Investing.com -- U.S. futures tread water as markets gear up for much-anticipated earnings from Nvidia (NASDAQ:NVDA) this week and assess fresh interest rate commentary from Federal Reserve policymake

RBA considered a rate hike during May meeting, minutes show

Investing.com-- The Reserve Bank of Australia considered increasing interest rates during its May meeting, the minutes of the bank’s meeting showed on Tuesday, as it grappled with a sticky outlook f

Jefferson's comments indicate Fed could start cutting rates in September: Evercore

Investing.com -- Data indicating a cooling in inflationary pressures in the U.S. may be encouraging, but it is still too soon to say if price growth in the world's largest economy is sustainably subsi

Piper Sandler reacts to calls for more fiscal stimulus? 'You've got to be kidding'

A bipartisan Senate group last week recommended tens of billions of dollars in new federal spending to ensure the safe development of AI and maintain the U.S.'s competitive edge, particularly against

Bank of America warns: Fed is not close to start cutting rates

Bank of America (NYSE:BAC) warned investors in a note Monday that the bar for Federal Reserve rate hikes is high, but rate cuts are still far off.

U.S. futures inch higher, Nvidia to report this week - what's moving markets

Investing.com -- U.S. stock futures edge higher after the Dow ended trading on Friday above the 40,000 mark for the first time. Nvidia (NASDAQ:NVDA) is due to headline this week's corporate earnings c

China housing market stability to take at least 6-12 mths- Morgan Stanley

Investing.com-- China’s housing market sales will likely take at least six to 12 months before stabilizing, Morgan Stanley (NYSE:MS) analysts wrote in a recent note, with a bulk of this stability ti

China keeps loan prime rate unchanged as stimulus measures continue

Investing.com-- The People’s Bank of China kept its benchmark loan prime rate (LPR) unchanged on Monday as widely expected, even as Beijing continued to roll out other stimulus measures to support t

Bond buying on bets for Fed cutting cycle 'misplaced,' MRB Partners says

Invesitng.com -- Investors continued to buy bonds on bets for a meaningful Fed rate-cutting cycle, but these hopes remain "misplaced," as inflation remains sticky, investment research firm MRB Partner

Minutes from Fed's May meeting to show members leaning hawkish: BofA

Investing.com -- The hawkish tone is likely to be the big takeaway from the minutes of the Federal Reserve's meeting due next week, with debate among members around whether the current level of intere

Piper Sandler sees Fed cutting rates three times over the next 8 meetings

Piper Sandler analysts said Thursday they expect the Federal Reserve to reduce interest rates three times over the next eight meetings.

Futures muted, OpenAI and Reddit strike deal - what's moving markets

Investing.com -- U.S. stock futures are muted on Friday, with Dow futures in particular treading water following a momentous session for the blue-chip index that saw it briefly touch an intraday recor

Australian job market volatility continues amid softening: Morgan Stanley

Investing.com - April's labour data continued its recent volatility on Thursday, as jobs growth rose more than expected while unemployment rose sharply. According to analysts from Morgan Stanley (NYSE