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Inflation

Shelby County Assessor’s Office informs residents that property tax increases are expected in 2025

MEMPHIS, Tenn. (WMC) – Creating housing, especially affordable housing for Memphis residents, is important as mortgage prices, property taxes and other things rise. The Shelby County Assessor’s Office recently announced that residents can expect a “significant increase” in their property…

Stock market today: Wall Street experiences one of the best days of the year after inflation report

NEW YORK (AP) — U.S. stocks had one of their best days of the year Tuesday after the first of several highly anticipated economic reports arrived this week. better than expected. The S&P 500 rose 1.7 percent, hitting its third-best…

USD/JPY rises to nearly 148.00 as calm market sentiment hurts yen’s appeal

USD/JPY rises to nearly 148.00 as the Japanese yen’s safe-haven appeal has diminished. US inflation data will influence market speculation about the size of a Fed interest rate cut in September. Investors expect the US Producer Price Index (PPI) and…

Bulls flirt with 200-day SMA near 0.6600 ahead of US inflation data release

AUD/USD is supported by a combination of factors but lacks bullish conviction. The RBA’s restrictive stance continues to act as a tailwind given the subdued USD exchange rate development. However, traders are waiting for the important US inflation numbers before…

Stock market today: Stock prices fall ahead of new inflation data

US stocks were lower on Monday as investors awaited new economic data due to be released later this week. At the end of last week, the major indices almost recovered the losses they suffered in a three-day sharp sell-off. This…

Stock market today: Wall Street remains relatively stable ahead of major tests later in the week

NEW YORK (AP) — U.S. stocks held relatively steady Monday as markets worldwide recovered after a wild week with extreme fluctuations. The S&P 500 lost 0.1 percent in afternoon trading, after earlier fluctuating between small gains and losses. The Dow…

AUD/USD near multi-week high, bulls expect continued strength beyond 0.6600

AUD/USD is regaining positive momentum and is climbing closer to the multi-week high reached on Friday. The RBA’s hawkish stance and positive risk appetite are proving to be key factors benefiting the Aussie. China’s economic problems could act as a…

Next week on Wall Street: Investors focus on Producer Price Index (PPI), Consumer Price Index (CPI), Walmart earnings

Following last week’s stock market collapse, Wall Street investors’ eyes next week will be on inflation figures scheduled for release on Tuesday and Wednesday: the Producer Price Index and the Consumer Price Index. Other important economic data will also be…

Asian stocks follow Wall Street gains after encouraging US labor market data calms economic jitters

Asian stocks rose on Friday after U.S. stocks fell on Thursday in Wall Street’s latest sharp reversal following a better than expected report on unemployment eased concerns about the Economic slowdown. US futures and oil prices changed little. In Tokyo,…

Hybrid working models have become the norm

On the radar The Romanian central bank cut its key interest rate by 25 basis points to 6.5 percent on Wednesday. The inflation rate in Hungary was 4.1% compared to the previous year. Today at noon CET, the Serbian central…