(BPT) - Managing household finances can be challenging, especially for middle-income families juggling daily expenses, savings goals and unexpected costs. The latest data from the Household Budget Index™ (HBI™) report, which is a monthly economic snapshot measuring the impact of inflation on middle-income households alongside their earned income, reflects these challenges. The most recent index shows that purchasing power for middle-income families fell in February, ending a trend upwards. Rising costs for necessities like gasoline, auto insurance and utilities are behind this slide.
Japan’s core inflation accelerated in March, yet economic uncertainty will limit the Bank of Japan’s ability to continue hiking rates in the near term. With inflation seen accelerating further, a BoJ tightening is likely in July.
Leading cryptocurrencies traded flat on Thursday as President Donald Trump threatened to remove Federal Reserve Chair Jerome Powell over delays in implementing monetary easing measures.
U.S. stock futures trade mixed in a choppy session on Thursday night, amid President Donald Trump's reassurance of a trade deal with Europe and China in the afternoon, following a fresh jab at Federal Reserve chair Jerome Powell for not cutting interest rates.
The S&P 500 saved itself from today's Fed fatigue but finished well off session highs, as investor optimism dulled amid interest rate and tariff uncertainty.
The Chair went out of his way to remind us that protecting equity markets is not part of the Fed’s dual mandate. Stable prices and full employment are.
Fremont, CA – April 17, 2025 – Lam Research Corporation (NASDAQ: LRCX), a leading provider of wafer fabrication equipment for the semiconductor industry, experienced a slight decline in its stock price today, closing at $64.24, down 0.90 (1.40%) as of 1:37 PM EDT. The stock opened at $65.
European Central Bank President Christine Lagarde showed an increased sense of urgency in light of ongoing trade tensions and increased disinflationary pressures.
The long end of the Treasury bond market is in danger of breaking down to the point that yields are on the verge of erupting higher. This is what debt spirals are made of.
