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JPY Plunges To Fresh 34-Year-Lows After BoJ Does Nothing... Again
26.04.2024, 16:50 Uhr. ZeroHedge News - https: - JPY Plunges To Fresh 34-Year-Lows After BoJ Does Nothing... Again Having already lost more than 10% of its value versus the US dollar this year, the yen plunged further overnight after Bank of Japan Governor Kazuo Ueda indicated monetary policy will stay easy as he kept rates unchanged and showed little to no support for the embattled currency during...
China Is Pivotal For US Inflation's Path
26.04.2024, 14:25 Uhr. ZeroHedge News - https: - China Is Pivotal For US Inflation's Path Authored by Simon White, Bloomberg macro strategist, A more forthright response from China to its deflationary predicament would further support US inflation that is already proving sticky, adding to longer-term upwards pressure on term premium and thus yields. There are upside risks to the US PCE release today...
Taxing Unrealized Gains Would Obliterate The U.S. Economy
26.04.2024, 02:25 Uhr. ZeroHedge News - https: - Taxing Unrealized Gains Would Obliterate The U.S. Economy Submitted by QTR's Fringe Finance Having used up all of the rest of the batshit, insane, counterintuitive economic dirty tricks left in the "we'll literally do anything but cut spending" bag, the Biden administration is pushing what could be the most destructive idea for our country since prohibition:...
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