14 Nov, 2024

 U.S. Inflation Hits 3-Year Low, Setting Stage for Fed Rate Cut

The U.S. economy received some welcome news as inflation cooled to a three-year low in July, raising expectations of an imminent interest rate cut by the Federal Reserve.  Consumer prices rose just 0.2% from June to July and 2.9% on an annualized basis—the smallest increase since early 2021. Inflation Cools Across the Board The moderation […]

2 mins read

Global financial markets are experiencing a significant downturn 

Global financial markets are experiencing a significant downturn  Global financial markets are experiencing a significant downturn as investors increasingly seek refuge in safe-haven assets amid rising recession fears.  The sell-off has been exacerbated by disappointing economic indicators and shifting monetary policies from central banks, notably the Federal Reserve and the Bank of Japan. Key Developments […]

3 mins read