On the 14th of June 2023, The FOMC Interest Rate was paused at 5.25% which initially dropped the markets including the SP500, Dow30, Nasdaq100 and every currency that traded against the US Dollar (as seen below). The news release candle is marked by the white circle. However, the markets including the SP500, Dow30, Nasdaq100 and…
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of goods and services. It is often used as an indicator of inflation and the purchasing power of the currency. The CPI in the United States is published by the…
US President Joe Biden and Republican House Speaker Kevin McCarthy reached an agreement after intense budget negotiations spanning several weeks, aiming to avert potential global financial upheaval. What is the US Debt Ceiling? A statutory cap on the total amount of debt that the US government can issue to fund its operations is known as…
