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Federal Reserve's Caution and Job Market's Pause Point to End of Tightening Era
After holding rates steady on Wednesday, the Federal Reserve acknowledged that tighter financial conditions will likely affect economic...
Ballestas Group
Nov 6, 20231 min read
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U.S. GDP Soars at 4.9% Pace in Q3, Inflation Remains in Check
The preliminary reading of U.S. GDP shows that the economy expanded at a 4.9% annualized rate during the third quarter, more than...
Ballestas Group
Oct 30, 20231 min read
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Powell's Monetary Balancing Act: Treading Lightly on Uncertain Ground
U.S. Federal Reserve Chairman Jerome Powell on Thursday gave a speech at the Economic Club of New York. Powell said that given the...
Ballestas Group
Oct 23, 20231 min read
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Israel Declares War on Hamas: Blinken in Arab States for Peace Talks Amid Fiscal & Political Turmoil
Israel declared a state of war on Saturday after Iranian-backed Hamas terrorists carried out the most devastating attack in the Jewish...
Ballestas Group
Oct 16, 20231 min read
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Conflicting Jobs Data: Private Payrolls Weaken While Nonfarm Payrolls Remain Resilient
Job growth in the United States surpassed expectations in September. The U.S. economy added 360,000 new jobs, and subsequent revisions...
Ballestas Group
Oct 6, 20231 min read
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Inflation Moderates, Government Shutdown Looms, and Housing Market Fluctuates
The core personal consumption expenditures (PCE) price index rose 0.1% in August, less than expected, representing the smallest monthly...
Ballestas Group
Oct 2, 20231 min read
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Federal Reserve's Bold Moves: Bond Yields Surge, Tech Stocks See Modest Decline!
The Federal Open Market Committee convened this week, and as anticipated, no changes were made to the interest rate, leaving the upper...
Ballestas Group
Sep 22, 20231 min read
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Inflation Fluctuations, Retail Surges, Political Turbulence
After peaking at 9.1% in June 2022, U.S. consumer prices steadily declined each month until this past June when the inflation rate hit a...
Ballestas Group
Sep 15, 20231 min read
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Monetary Policymakers Signal Unlikely September Rate Hike
This week, several U.S. monetary policymakers testified, helping to solidify the view that a rate hike at this month's FOMC meeting is...
Ballestas Group
Sep 11, 20231 min read
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Fed Rate Hike Uncertainty Looms After Mixed Jobs Report
The speeches delivered in Jackson Hole failed to significantly influence implied rates in the market, and the prevailing expectation...
Ballestas Group
Sep 1, 20231 min read
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Powell's Inflation Battle: Jackson Hole Decision Sparks Market Surge
At Jackson Hole, Powell ratifies path of interest rate hike to fight inflation. Although inflation has shown some decline since its peak,...
Ballestas Group
Aug 28, 20231 min read
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Inflation Upside, Growth Concerns, and Yield Surges
The minutes of the July Federal Open Market Committee meeting show that most Fed members continue to see significant upside risks to...
Ballestas Group
Aug 21, 20231 min read
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Inflation Eases, Fed's Path Uncertain, Market Surprises Abound
Inflation is showing signs of moderation, with a 3.2% y-o-y increase in July's CPI, in line with estimates. This is reducing concerns...
Ballestas Group
Aug 11, 20231 min read
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U.S. Treasury's AAA to AA+ Downgrade: Triggering Fiscal Concerns and Yield Volatility
The credit rating agency Fitch has downgraded the sovereign's credit quality by one notch, transitioning from AAA to AA+. This decision...
Ballestas Group
Aug 4, 20231 min read
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Federal Reserve Raises Interest Rates to 5.25% and 5.50% Amidst Strong U.S. Growth and Low Inflation
On Wednesday, the Federal Reserve raised interest rates by 25 basis points to 5.25% and 5.50%. In addition, they announced that they will...
Ballestas Group
Jul 28, 20231 min read
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ECB Set for Rate Hike: Aggressive Members Signal Anticipated Increase!
Last week's better-than-expected inflation data and the news this week of plummeting used car prices coincided with a drop in 10-year...
Ballestas Group
Jul 21, 20231 min read
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Markets Rejoice as June Inflation Plummets
Markets rallied on the back of a significant drop in the inflation figure for the month of June. Overall, prices fell one percentage...
Ballestas Group
Jul 14, 20231 min read
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Bond Market Rocked: FED's Hawkish Tone Sparks Volatility!
Despite the Federal Reserve's decision to hold rates at the June meeting, almost all participants saw the need for further increases, and...
Ballestas Group
Jul 7, 20231 min read
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Apple Makes History: $3 Trillion Valuation
This week, the presidents of the main Central Banks were gathered at the forum of the European Central Bank in Sintra, Portugal. In his...
Ballestas Group
Jun 30, 20231 min read
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China's Central Bank Cuts Rates to Boost Post-COVID Recovery
This week, the market was focused on the CPI reading for May and the Fed's benchmark rate decision. The consumer price index cooled,...
Ballestas Group
Jun 16, 20231 min read
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