The U.S. Consumer Price Index (CPI) continued to decline in September, according to data released by the U.S. Bureau of Labor Statistics on October 10. The year-over-year CPI growth rate was 2.4%, down 0.1% from the previous month. Although slightly above the market expectation of 2.3%, it remains t...

The Fed announced a 50-basis-point rate cut last week, sparking expectations of further rate reductions and driving gold prices to new highs. On the 23rd, gold prices surged to an all-time high. On September 23, gold futures on the COMEX, the world’s largest gold futures exchange, soared to a r...

The Federal Reserve held its FOMC meeting on September 18, announcing a 50-basis point cut to the federal funds rate, lowering it to a range of 4.75% to 5%. In its post-meeting statement, the Fed noted that the labor market had shifted from moderate growth to a slowdown, and its confidence in inflat...

The U.S. retail sales slightly increased in August, as reported by the U.S. Census Bureau on September 17. The U.S. Retail sales rose by 0.1% month-over-month in August, down from 1% in July, but better than market expectations of -0.2%. On a year-over-year basis, retail sales grew by 2.1%, lower th...

    Summary:  Q2 real GDP revised up to 3.0% Initial jobless claims last week fell by 2,000 to 231,000 Continuing claims last week rose by 13,000 to 1,868,000   The U.S. initial jobless claims slightly declined last week, as reported by the Bureau of Labo...