autos - Aliff Capital

FOMC Meeting Highlights Need for Interest Rate Hikes

Feb 22, 2023Juliya RostovaEconomy, Investment Planningautos, China, CPI, economic indicators, Federal Reserve, FOMC, housing market, inflation, interest rates, labor market, PPI, Services, Ukraine

The Federal Reserve’s latest meeting of the Federal Open Market Committee (FOMC) was held on February 23rd, 2023. The main topic of discussion was whether or not to raise interest rates by 25 basis points, with almost all participants agreeing that it would be appropriate to do so. While participants noted that inflation had eased…

Gains in the Stock Market as CPI Data Expectations Point to Lower Inflation

Feb 13, 2023Haroon HaiderEconomy, Labor economics, Macroeconomicsautos, benchmark rate, companies, consumer spending, consumer-price index, consumer-price index report, economists, economy, employers, energy, Fed policy, Federal Reserve, federal-funds rate, forecasters, health, hiring, household income, housing, index, inflation, investment, job openings, Labor Department, manufacturing, recession, retail sales, S&P 500, sectors, soft landing, spending, Stocks, traders, U.S. consumer, unemployment rate, wage growth, workers

The stock market saw broad-based gains this week as it continued to recoup losses from the previous weeks. The S&P 500 index saw gains across various sectors, with energy being the biggest gainer in Monday’s trading. Traders were optimistic about the latest read on inflation, as the consumer-price index data released on Tuesday showed a…