Treasuries fell after a batch of data showed signs of a slowdown in the American economy – think stagflation – alongside an inflation rise…
Tag: stagflation
U.S. stock futures fall on growing worries of economic downturn
U.S. stock index futures fell on Thursday on worries of rampant U.S. inflation, recession, a global economic downturn from…
Fed mulls historic 100 basis-point interest rate hike to battle rampant U.S. inflation
U.S. Fed may debate a historic one percentage-point rate hike this month following yet another dismal report of rampant U.S. inflation …
Rampant U.S. inflation even hotter than expected, rises 9.1% in June to new 40-year high
The U.S. consumer price index, a broad inflation measure of everyday goods and services, soared 9.1% year-over-year, above even…
U.S. stocks slide to yearly lows amid U.S. recession concerns
Stocks sank Thursday as investors concerns mounted over a potential U.S. recession and the potential economic costs of the Federal Reserve’s…
Stock futures slide on rising U.S. inflation, unemployment, and recession fears
U.S. stock index futures fell sharply after the Fed projected a slowing economy, rising unemploymentand the worst inflation in 40 years…
Stock futures signal more selling on Wall Street as stagflation fears mount
Futures are down again as stark warnings from some of the world’s biggest retailers spotlighted rampant inflation, fueling stagflation fears…
U.S. economy contracts as GDP plummets to -1.4% for Q1
The U.S. economy shrank last quarter into negative growth, the first contraction since the early days of COVID lockdowns in 2020, alongside…