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Joe Biden Says US Recession is Not Inevitable: S&P500 Gains 1.5% on Open
US President Joe Biden believes an economic recession is not inevitable as the job market and consumer spending remain robust.
May 23, 2022
US Interest Rate Could be Hiked to 9.25% if Soft Landing Not Possible: SocGen
The Fed's tight-roping acrobatics will have to impress to avoid US stagflation.
May 18, 2022
Gold Refuses to Break $1,900 Psychological Barrier – Why?
When stocks and bonds are volatile and geopolitical tensions remain high, gold would usually outperform. So, what's holding gold back right now?
May 12, 2022
US Annual Inflation Lowers to 8.3% But Falls Short of Expectations
For the first time since August 2021, the US annualized inflation rate decreased.
May 11, 2022
GBP Plunges as Bank of England Hikes Interest Rates By 25 Basis Points
The Bank of England raises interest rates to a 13-year high, with inflation expected to hit 10%, meanwhile, the Pound Sterling is weakening against other currencies.
May 06, 2022