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Category Archives: GDP
FLP Market Update 9
Stocks rose for the fourth straight week on the backs of a strong jobs report and positive earnings. The S&P 500 and NASDAQ reached new all-time closing highs. The U.S. economy added 128,000 new jobs in October, well over analysts’ … Continue reading
Posted in Fed, GDP, Global News, macro-economic, stock market, Uncategorized, Unemployment Rate
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INDIA’S GROWTH SLUMP
Asia’s third largest economy has slashed its key lending rate to 5.15%, a nine-year low, in the presence of the slowing global economy and a decline in its consumer demand. As a result of the decline in consumer demand, debt-ridden … Continue reading
Posted in Economy, GDP, Interest Rates
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U.S. Consumer Confidence Brightens
U.S. consumer sentiment, published by University of Michigan survey every month, is at 100.8 – one of the highest number recorded in recent years, representative of a 6.0% year over year change. An index number of 100 represents the conditions … Continue reading
Posted in Consumer Confidence, Consumer Spending, dollar, dollar general, Fed, Federal Reserve Bank, Forecasts, GDP, Global News, Global Trade, Macro/Sector News, stock market, stocks, Uncategorized
Tagged capita, Consumer Confidence, Fed, Federal Reserve, household income, index, Interest Rates, stocks, tax, United States, US Economy
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Fed Leaves Rates Unchanged in November, December Hike on the Table
As expected by the entire market, the Federal Reserve chose to leave interest rates unchanged on Wednesday ahead of the upcoming presidential election next Tuesday. The benchmark federal funds rate still sits at a target range of 0.25%-0.5% after the … Continue reading
Posted in Economy, Fed, GDP, Inflation, Interest Rates, Macro/Sector News, Rate Hike
Tagged Federal funds rate, Federal Reserve, Interest Rates, Rates, Unemployment
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GDP Growth Accelerated to 2.9%
Gross domestic product increased at a 2.9% inflation-adjusted annual rate in the third quarter of 2016. The better than forecast numbers have eased investor fears of dwindling economic expansion. It was the strongest reading in two years, and followed three … Continue reading
Posted in GDP, Uncategorized
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Atlanta Fed Cuts Forecasts for U.S Third-Quarter GDP
The Atlanta Fed has trimmed its growth rate projections following the latest data on inventories, trade and consumer spending this week. The have listed on their website an annualized 2.4% growth rate for the U.S economy in the third quarter. … Continue reading