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Ballestas Group

Mar 25, 20241 min read

Fed adopts cautious stance: no change in rates, but anticipates balance sheet cuts and adjustments

The Federal Reserve held the federal funds rate in the 5.25% to 5.50% range at this week's Federal Open Market Committee meeting, but...

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Ballestas Group

Mar 18, 20241 min read

Rising Inflation Sparks Uncertainty over June Fed Rate Cuts

The CPI report showed that the super core measure (basic services excluding housing) increased by 0.47%, too high, although an...

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Ballestas Group

Mar 11, 20241 min read

Economic Trends: Jerome Powell contemplates rate cuts as Fed assesses inflation.

This week Jerome Powell, chairman of the Federal Reserve, gave his semi-annual testimony in front of U.S. lawmakers. In it, Powell said...

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rballestas

Mar 4, 20241 min read

Strong Momentum! U.S. GDP Update Reveals Encouraging Trends for First Quarter 2024

The week saw the release of revised U.S. Gross Domestic Product (GDP) data which came in at 3.2%, down 0.1% from a month ago. However,...

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Ballestas Group

Feb 26, 20241 min read

Nvidia Boosts Markets: Shares Reach Record Highs After Surprising AI Earnings

Shares of Nvidia, the well-known graphics card maker, experienced a notable rise after significantly beating already high earnings...

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Ballestas Group

Feb 20, 20241 min read

January Inflation Surges: Core Services Spark Concern Amidst Slowing Deceleration

Consumer prices rose 0.3% more than expected month-on-month in January, compared to 0.2% in December, slowing the pace of deceleration....

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boltonglobal

Feb 12, 20241 min read

Rate Times: Powell suggests caution as market expects cuts

Jerome Powell suggested in an interview that the Fed will take a more cautious stance on rate cuts, possibly waiting until after March to...

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Ballestas Group

Feb 5, 20241 min read

Federal Reserve Holds Rates and Unveils Strategy: Powell Rules Out Immediate Cut and Aims for Balance Sheet Reduction in March

The Federal Reserve held its first meeting of the year on Wednesday and decided to hold rates at 5.25% - 5.50%. Jerome Powell, chairman...

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Ballestas Group

Jan 29, 20241 min read

The U.S. Economy Defies Odds with Strong Finish in 2023, Navigating Towards a 'Soft Landing'.

The U.S. economy turned out stronger than expected in the last quarter of the year. It posted an annualized, inflation-adjusted growth...

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Ballestas Group

Jan 22, 20241 min read

Christopher Waller's Position: Navigating Economic Strength with Precision, The Fed's Critical Approach

Federal Reserve Governor Christopher Waller said Tuesday that he sees no reason for the Fed to move as quickly or cut as sharply as it...

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Ballestas Group

Jan 16, 20241 min read

Rising Figures: December CPI and Fed Expectations on the Radar

The Consumer Price Index (CPI) surprised on the upside during the month of December, rising 0.3% from the previous month, following...

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Ballestas Group

Jan 8, 20241 min read

December's Robust Employment Numbers Shake Confidence in Early Fed Rate Cuts

Markets reduced their bets that the US Federal Reserve will begin cutting rates as soon as March, as December non-farm payrolls rose by a...

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Ballestas Group

Jan 2, 20241 min read

Year-End Rally! Rate Cut Expectations Drive Stocks to Record Highs in the U.S.

A strong rally was seen throughout December, pushing stocks to record highs. Expectations that the Federal Reserve will begin easing...

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Ballestas Group

Dec 26, 20231 min read

November PCE Index Drives Expectations of Rate Cut in March

The November personal consumption expenditures (PCE) index data was released on Friday, which showed a 3.2% increase compared to the same...

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Ballestas Group

Dec 18, 20231 min read

US Economy: Nov CPI Up, Underlying Indicators Steady, Industrial Production Below Forecast

Relevant macroeconomic data was presented this week in the United States. The US CPI for November rose by 0.1%, while the underlying...

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Ballestas Group

Dec 11, 20231 min read

November Job Surge: 199K New Hires Beat Expectations, Unemployment Drops to 3.7%

Employment data for the month of November was released this week. More jobs than expected were reported for the month of November, as the...

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Ballestas Group

Dec 4, 20231 min read

U.S. Economy Beats Expectations with 5.2% Growth in Q3

The U.S. economy grew even faster than expected in the third quarter, according to revised data released this week. Gross Domestic...

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Ballestas Group

Nov 27, 20231 min read

Federal Reserve Weighs Interest Rate Path Amidst Uncertainty

The minutes of the November 1 meeting of the Federal Open Market Committee show that the Federal Reserve may not need to raise interest...

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Ballestas Group

Nov 20, 20231 min read

Inflation Holds Steady, Yields Drop, and Moody's Issues Warning - Navigating the Economic Landscape

Consumer prices were unchanged from the previous month and rose 3.2% y-o-y, down from 3.7% in October. Core inflation, which excludes...

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Ballestas Group

Nov 6, 20231 min read

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...

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