Concerns Arise Over CPI Data Accuracy with Response Rates LaggingThe consumer price index continued to draw relatively weak response rates in 2023, calling into question the accuracy of the widely watched US inflation data.The share of completed surveys that were used in the CPI estimation stood at 71% in 2023, the Bureau of Labor Statistics said Friday. While that’s been ticking up in recent […] READ MORE Argentina's Inflation Eases in Milei's Debut Month Amid Economic OverhaulIn President Javier Milei’s first full month in office, Argentina saw a monthly slowdown in consumer price inflation to 20.6%, slightly below the anticipated 21%. Annually, inflation surged to 254.2%, marking the highest rate since the early 1990s post-hyperinflation period. Milei’s economic measures, including a 54% devaluation of the peso and lifting price freezes, contributed […] READ MORE Why Have Central Banks Been on a Gold-Buying Spree?Central banks globally have been on a notable gold-buying spree, significantly ramping up their acquisitions of the precious metal. This trend raises the question: why is gold so appealing to these monetary powerhouses, and does its allure extend to American investors? In the latest episode of U.S. Money Reserve’s exclusive video series, “In Conversation,” a […] READ MORE UBS: Silver Poised to “Dramatically” Outperform Gold This YearAnalysts at UBS say silver is posed to “dramatically” outperform gold this year… READ MORE Goldman Sachs: Gold Prices Are Forecast To Rise 6% in the Next 12 MonthsGoldman Sachs predicts a 6% increase in gold prices over the next 12 months, driven by robust central bank acquisitions and vigorous retail demand in emerging economies. This anticipated rise would elevate gold to $2,175 a troy ounce, according to Nicholas Snowdon and Lavinia Forcellese from the bank’s Commodities Research team. While the near-term outlook […] READ MORE Gold Inches Higher, Supported by Soft Dollar and Rising Middle East TensionsGold prices saw a modest increase on Thursday, influenced by a combination of a dipping dollar and rising tensions in the Middle East. This uptick comes as investors are on the lookout for upcoming U.S. economic data, which is expected to provide further insights into the Federal Reserve’s stance on interest rates. The spot gold […] READ MORE Markets underestimate risk of inflation re-accelerating, says PIMCOAmid the financial community’s growing optimism about interest rate cuts and economic recovery, PIMCO, the U.S. bond behemoth, throws in a word of caution, suggesting that both equity and fixed income markets might be underestimating the looming threats. Despite expectations for the Federal Reserve to lower rates within the year, PIMCO warns that the pace […] READ MORE From 68 Cents to $18: The Inflation Shockwave at McDonald'sExplore the shocking price hikes, the impact on low-income customers, and how currency devaluation is affecting consumer behavior. READ MORE CENTRAL BANKS REIGNITE GOLD’S BULL RUNThe Fed’s dovish pivot, along with another year of very robust official sector buying, are set to feed a gold bull run later in the year. Pending Fed rate cuts in the months to come should prompt traders to grow long exposure. Strong physical demand and official sector buying are projected to lift prices to [...] READ MORE « Previous 1 … 32 33 34 35 36 … 64 Next »
