- Says economy probably grew 0.6% in 2nd qtr.
- Growth may exceed 2.2 % forecast .
- Economy boosted by consumption, incomes .
- Risks remain from Europe and China .
NZD/USD has rebounded nicely to 0.7991/0.8001 from the low 0.7975/80.
NZD/USD has rebounded nicely to 0.7991/0.8001 from the low 0.7975/80.
Most Popular
Mortgage rates hover near 6.10% as Fed pauses cuts; traders eye 2026 forecast for potential shifts.
Gold & silver crash 30% on Fed fears easing; Chinese speculators caught in the crossfire. Traders eye volatility.
Cheap dividend stocks offer high yields, attracting Boomers/Gen-X before 2026 rate cuts. Investors eye potential 2026 gains.
MSTR's STRC preferred stock hikes dividend 25bps to 11.25% amid BTC volatility. Traders watch STRC near $99 par.
US welcomes China/India oil deals in Venezuela; traders Vitol/Trafigura lift 14M barrels, boosting US imports.
India offers 20-yr tax holiday for data centers! Amazon & Microsoft invest $52B. AI & cloud boom fuels global competition.
Taxing wealth >$100M could fund infra, but risks market crash & hurting retirement accounts.
Must Read