According to Fed, the risks to achieving employment and inflation goals are roughly in balance. The central bank noted that the economic outlook remained uncertain and that Fed was focused…
Tag: Economics
Taco Bell Shines as Yum, Restaurant Brands Struggle; Marqeta Shares Sink 30%
Daily Restaurant Brands International, IncRestaurant Brands International (QSR), the company behind Burger King, Popeyes, Tim Hortons, and Firehouse Subs, also fell short of Wall Street’s expectations. The company posted 93…
BOE Trims Rates to 4.75%, Balances Easing with Inflation and Budget Uncertainty
Daily GBP/USDIn currency markets, the British pound also responded positively to the BOE’s decision, rising 0.3% to reach $1.2929. The pound’s appreciation reflects market sentiment that while rates are gradually…
Crude Inventories Rise By 2.1 Million Barrels, Exceeding Analyst Expectations
Gasoline inventories increased by 0.4 million barrels from the previous week….Read More