Category: Banking

The U.S. Federal Reserve is set to release its updated economic projections this week, and with them comes a cloud of uncertainty. While this outlook traditionally holds significant weight, influenced by the central bank's authority, this time around it may …Read more  »

Buckle up, because the latest US jobs report has thrown a wrench into everyone's economic predictions. Here's the skinny: everyone thought the job market was cooling down, but instead, it exploded in May, adding a whopping 272,000 new positions – …Read more  »

All eyes are glued to the upcoming Federal Open Market Committee (FOMC) meeting on June 11-12, 2024. The decisions made within these hallowed halls have the power to send shockwaves through the global financial system, and this meeting is no …Read more  »

If you're thinking about buying a house or refinancing your mortgage, you're probably wondering: are interest rates going to drop anytime soon? Is the Fed cutting rates in 2024? The answer, like many things in the financial world, is a …Read more  »

In a move that has captured the attention of financial markets worldwide, the Bank of Canada has taken a decisive step by cutting its benchmark interest rate to 4.75%, a quarter-point reduction and the first of its kind in four …Read more  »

This article explores the growing financial crisis in the US, including the impact of rising costs and stagnant wages. Inflation has been a persistent issue affecting economies worldwide, and the United States is no exception. A recent Federal Reserve study highlighted …Read more  »

The state of the US economy can feel like a rollercoaster ride these days. Headlines scream about soaring consumer spending, while whispers of tech layoffs loom. So, what's the real deal? Is the US economy on solid ground, or are …Read more  »

The U.S. economy has faced many challenges in the past few years, from the COVID-19 pandemic to inflation to geopolitical tensions. Many people are wondering what the outlook is for 2024 and whether the economy will recover from the slowdown. …Read more  »

The US stock market, a powerful engine driving American prosperity, can send shockwaves through the entire system if it crashes. While predicting the future is impossible, let's delve into some potential consequences of a 2024 market crash, considering both immediate …Read more  »