The Reserve Bank of New Zealand (RBNZ) has decided to keep the official cash rate at 5.50%, aligning with economists' expectations. With a national election approaching this month, concerns over cost-of-living pressures and economic management are at the forefront of voters' minds. Despite maintaining a hawkish bias, the RBNZ is actively evaluating whether their actions thus … [Read more...] about New Zealand’s Central Bank Holds Interest Rates Steady Ahead of Election
Interest Rates
McDonald’s Investors Face Concerns amid Rising Interest Rates
Introduction McDonald's Corp. investors are currently experiencing the most significant weekly downturn in four years, as worries grow about the impact of the recent surge in interest rates on consumer spending. Stock Performance The stock of the fast-food giant, with the ticker MCD, -0.97%, declined 1.4% in afternoon trading, indicating a potential closing at its lowest point … [Read more...] about McDonald’s Investors Face Concerns amid Rising Interest Rates
Inflation Shows Signs of Slowing, but Concerns Linger
Economists are predicting that inflation in the United States likely ticked down in September, following a slowdown in gasoline price growth and a decrease in used car costs. However, there are indications that certain categories closely monitored by the Federal Reserve, such as housing and other services, may still exhibit persistent strength. According to consensus … [Read more...] about Inflation Shows Signs of Slowing, but Concerns Linger
Wall Street Anticipates Fed Interest-Rate Pause in September
Wall Street analysts are speculating that the Federal Reserve will halt its series of interest-rate increases in September. As traders eagerly await the release of the minutes from the Fed's July 25-26 meeting, they hope to gain valuable insights into the central bank's future actions. These minutes, scheduled for release at 2 p.m. Eastern time on Wednesday, are highly … [Read more...] about Wall Street Anticipates Fed Interest-Rate Pause in September
Bond Yields Fall Ahead of Federal Reserve Minutes
Overview Yield Movement Here are the key movements in bond yields: The yield on the 2-year Treasury (BX:TMUBMUSD02Y) slipped by 5.5 basis points to 4.906%. Remember, yields have an inverse relationship with prices. The yield on the 10-year Treasury (BX:TMUBMUSD10Y) retreated 4.2 basis points to 4.176%. The yield on the 30-year Treasury (BX:TMUBMUSD30Y) fell 1.5 basis points to … [Read more...] about Bond Yields Fall Ahead of Federal Reserve Minutes
