The yields on US Treasury bonds experienced a rise at the start of Tuesday's trading session. This was due to several central bank officials expressing concerns about the overly optimistic outlook for interest rate cuts in 2024. Key Details The yield on the 2-year Treasury bond increased by 7.5 basis points to 4.211%. It is important to note that bond yields move in the … [Read more...] about Bond Yields Rise as Central Bank Officials Question Rate Cut Expectations
Inflation
The Challenge of Sustaining Consumer Spending
Consumers have been on a spending spree, but economists are beginning to question the long-term viability of this trend. The most recent data on personal consumption expenditures has raised concerns among some experts, who view the current situation as "unsustainable." The primary cause for alarm is the decline in the share of disposable income that people are able to … [Read more...] about The Challenge of Sustaining Consumer Spending
The Rise of Freebies in the Fast Food Industry
In today's fast-paced world, it seems like there's no such thing as a free lunch. However, fast-food companies are breaking this norm by offering enticing freebies to customers. But before diving into these deals, it's important to ask yourself, "What's the catch?" Wendy's, for example, has gone viral with its latest promotion. Every Wednesday until the end of the year, … [Read more...] about The Rise of Freebies in the Fast Food Industry
United Natural Foods Sees Tumble in Shares as Inflation Hits Profit
United Natural Foods, a grocery distributor based in Providence, R.I., experienced a significant decline in shares after reporting a loss in its fiscal fourth quarter. The company's profit was heavily impacted by decelerating inflation, which led to a decrease in procurement gains. As a result, the stock dropped by 21% to $14.95 during morning trading. This decline adds to the … [Read more...] about United Natural Foods Sees Tumble in Shares as Inflation Hits Profit
Disinflation Trend Persists, New Measures of Inflation Show
The latest gross domestic product report, released on Thursday, highlighted two new measures of inflation that support the continuation of the disinflation trend. The Commerce Department, in response to user requests, broke down the price indexes for Personal Consumption Expenditures (PCE) excluding food, energy, and housing, as well as PCE services excluding energy and … [Read more...] about Disinflation Trend Persists, New Measures of Inflation Show
