Rate Cuts Could Come This Year If Fed Can’t Get Inflation Under Control, Analysts Suggest
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Rate Cuts Could Come This Year If Fed Can’t Get Inflation Under Control, Analysts Suggest

ByTMN Editor Reading Time: 3 minutes

With the July Federal Open Markets Committee meeting fast approaching, speculation about another substantial rate hike is running rampant. After June’s historic 0.75 percentage point interest rate hike, the third hike this year and the largest since 1994, analysts are watching the Fed closely. Recession fears are rapidly growing, with 70% of economists expecting it…

Consumer Sentiment Down To Its Lowest Point Since 2011
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Consumer Sentiment Down To Its Lowest Point Since 2011

ByTMN Editor Reading Time: 2 minutes

March brought another dip in consumer sentiment, with the University of Michigan’s index registering its lowest level since August 2011. The March index was revised down to 59.4 from a reading of 59.7 two weeks ago. An index of 100 is equal to sentiment in Q1 1966. A year ago at this time, the index…

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