The Fed is likely to have a short and ‘shallow’ rate cut cycle
All three major US indices (^DJI, ^IXIC, ^GSPC) closed the shortened trading week with overall gains, and the S&P
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Kabi Blog
Finance News
Economy
New fears for economy as construction sector slumps
Cement consumption in Kenya fell sharply in the first quarter of 2024, official government data shows, raising concerns about the
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Economist weighs in on negative job growth in Portland
The greater Portland area lost jobs from April 2023 to April 2024 and had the largest job loss of the
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The debacle of the Biden debate puts $3 trillion of US debt in jeopardy
U.S. President Joe Biden looks on as he takes part in the first 2024 presidential debate with former U.S. President
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US inflation cooling, labor market similar to pre-pandemic conditions, Fed says
Inflation is easing and the labor market has returned to the “tight but not overheated” situation seen before the COVID-19
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BRICS: Russia officially becomes Europe’s largest GDP
BRICS founder Russia officially holds the largest GDP in Europe, following a GDP report on Friday. The country’s war-fueled economy
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Crypto remittances to Venezuela increase as the economic situation worsens
As the economic situation in Venezuela continues to deteriorate, remittances of crypto-remittances from family members living abroad have increased to
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The Fed may feel pressure to cut rates after the June jobs report
206,000 jobs were added to the US economy in June, according to the US Bureau of Labor Statistics, while the
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Fed QT balance sheet: -$34 billion in June, -$1.74 trillion from peak, to $7.22 trillion, lowest since November 2020
Quantitative tightening has so far removed 41% of the Treasuries and 29% of MBS that pandemic QE had added. By
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