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\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The Conference Board's consumer confidence index dropped to 98.7 in September, down from 105.6 in August, missing the 104 forecast in a Bloomberg survey. Dana Peterson, Chief Economist at The Conference Board said<\/a>:<\/p>\n\n\n\n

\"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

U.S. consumer confidence experienced its sharpest decline in three years, signaling growing concerns about the economic outlook. The drop reflects rising uncertainties surrounding inflation, job stability, and future economic growth.<\/p>\n\n\n\n

The Conference Board's consumer confidence index dropped to 98.7 in September, down from 105.6 in August, missing the 104 forecast in a Bloomberg survey. Dana Peterson, Chief Economist at The Conference Board said<\/a>:<\/p>\n\n\n\n

\"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18866,"post_author":"14","post_date":"2024-09-25 19:45:40","post_date_gmt":"2024-09-25 09:45:40","post_content":"\n

U.S. consumer confidence experienced its sharpest decline in three years, signaling growing concerns about the economic outlook. The drop reflects rising uncertainties surrounding inflation, job stability, and future economic growth.<\/p>\n\n\n\n

The Conference Board's consumer confidence index dropped to 98.7 in September, down from 105.6 in August, missing the 104 forecast in a Bloomberg survey. Dana Peterson, Chief Economist at The Conference Board said<\/a>:<\/p>\n\n\n\n

\"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n

This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18866,"post_author":"14","post_date":"2024-09-25 19:45:40","post_date_gmt":"2024-09-25 09:45:40","post_content":"\n

U.S. consumer confidence experienced its sharpest decline in three years, signaling growing concerns about the economic outlook. The drop reflects rising uncertainties surrounding inflation, job stability, and future economic growth.<\/p>\n\n\n\n

The Conference Board's consumer confidence index dropped to 98.7 in September, down from 105.6 in August, missing the 104 forecast in a Bloomberg survey. Dana Peterson, Chief Economist at The Conference Board said<\/a>:<\/p>\n\n\n\n

\"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The Citi-Apollo program will initially focus on North America, with plans to expand to other regions. Demand and partnership opportunities are expected to drive the program's growth beyond the initial $25 billion goal.<\/p>\n\n\n\n

Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n

This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18866,"post_author":"14","post_date":"2024-09-25 19:45:40","post_date_gmt":"2024-09-25 09:45:40","post_content":"\n

U.S. consumer confidence experienced its sharpest decline in three years, signaling growing concerns about the economic outlook. The drop reflects rising uncertainties surrounding inflation, job stability, and future economic growth.<\/p>\n\n\n\n

The Conference Board's consumer confidence index dropped to 98.7 in September, down from 105.6 in August, missing the 104 forecast in a Bloomberg survey. Dana Peterson, Chief Economist at The Conference Board said<\/a>:<\/p>\n\n\n\n

\"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Over recent months, partnerships between private credit firms and banks have flourished. Initially perceived as competition, these firms have now found synergy in their collaboration. For Citi, teaming up with Apollo allows the bank to leverage its existing customer relationships and generate fees without assuming direct lending risk.<\/p>\n\n\n\n

The Citi-Apollo program will initially focus on North America, with plans to expand to other regions. Demand and partnership opportunities are expected to drive the program's growth beyond the initial $25 billion goal.<\/p>\n\n\n\n

Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n

This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18866,"post_author":"14","post_date":"2024-09-25 19:45:40","post_date_gmt":"2024-09-25 09:45:40","post_content":"\n

U.S. consumer confidence experienced its sharpest decline in three years, signaling growing concerns about the economic outlook. The drop reflects rising uncertainties surrounding inflation, job stability, and future economic growth.<\/p>\n\n\n\n

The Conference Board's consumer confidence index dropped to 98.7 in September, down from 105.6 in August, missing the 104 forecast in a Bloomberg survey. Dana Peterson, Chief Economist at The Conference Board said<\/a>:<\/p>\n\n\n\n

\"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Private credit has gained traction because it offers speed and flexibility, often catering to borrowers who cannot secure funding from traditional banks. These loans are reportedly processed more quickly, bypassing the stricter regulatory barriers that conventional banking must navigate.<\/p>\n\n\n\n

Over recent months, partnerships between private credit firms and banks have flourished. Initially perceived as competition, these firms have now found synergy in their collaboration. For Citi, teaming up with Apollo allows the bank to leverage its existing customer relationships and generate fees without assuming direct lending risk.<\/p>\n\n\n\n

The Citi-Apollo program will initially focus on North America, with plans to expand to other regions. Demand and partnership opportunities are expected to drive the program's growth beyond the initial $25 billion goal.<\/p>\n\n\n\n

Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n

This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18866,"post_author":"14","post_date":"2024-09-25 19:45:40","post_date_gmt":"2024-09-25 09:45:40","post_content":"\n

U.S. consumer confidence experienced its sharpest decline in three years, signaling growing concerns about the economic outlook. The drop reflects rising uncertainties surrounding inflation, job stability, and future economic growth.<\/p>\n\n\n\n

The Conference Board's consumer confidence index dropped to 98.7 in September, down from 105.6 in August, missing the 104 forecast in a Bloomberg survey. Dana Peterson, Chief Economist at The Conference Board said<\/a>:<\/p>\n\n\n\n

\"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

A Private Credit Move<\/h2>\n\n\n\n

Private credit has gained traction because it offers speed and flexibility, often catering to borrowers who cannot secure funding from traditional banks. These loans are reportedly processed more quickly, bypassing the stricter regulatory barriers that conventional banking must navigate.<\/p>\n\n\n\n

Over recent months, partnerships between private credit firms and banks have flourished. Initially perceived as competition, these firms have now found synergy in their collaboration. For Citi, teaming up with Apollo allows the bank to leverage its existing customer relationships and generate fees without assuming direct lending risk.<\/p>\n\n\n\n

The Citi-Apollo program will initially focus on North America, with plans to expand to other regions. Demand and partnership opportunities are expected to drive the program's growth beyond the initial $25 billion goal.<\/p>\n\n\n\n

Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n

This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18866,"post_author":"14","post_date":"2024-09-25 19:45:40","post_date_gmt":"2024-09-25 09:45:40","post_content":"\n

U.S. consumer confidence experienced its sharpest decline in three years, signaling growing concerns about the economic outlook. The drop reflects rising uncertainties surrounding inflation, job stability, and future economic growth.<\/p>\n\n\n\n

The Conference Board's consumer confidence index dropped to 98.7 in September, down from 105.6 in August, missing the 104 forecast in a Bloomberg survey. Dana Peterson, Chief Economist at The Conference Board said<\/a>:<\/p>\n\n\n\n

\"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/em><\/strong>Citigroup's First-Quarter Earnings Drop 27% On Reorganization Costs<\/a><\/p>\n\n\n\n

A Private Credit Move<\/h2>\n\n\n\n

Private credit has gained traction because it offers speed and flexibility, often catering to borrowers who cannot secure funding from traditional banks. These loans are reportedly processed more quickly, bypassing the stricter regulatory barriers that conventional banking must navigate.<\/p>\n\n\n\n

Over recent months, partnerships between private credit firms and banks have flourished. Initially perceived as competition, these firms have now found synergy in their collaboration. For Citi, teaming up with Apollo allows the bank to leverage its existing customer relationships and generate fees without assuming direct lending risk.<\/p>\n\n\n\n

The Citi-Apollo program will initially focus on North America, with plans to expand to other regions. Demand and partnership opportunities are expected to drive the program's growth beyond the initial $25 billion goal.<\/p>\n\n\n\n

Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n

This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18866,"post_author":"14","post_date":"2024-09-25 19:45:40","post_date_gmt":"2024-09-25 09:45:40","post_content":"\n

U.S. consumer confidence experienced its sharpest decline in three years, signaling growing concerns about the economic outlook. The drop reflects rising uncertainties surrounding inflation, job stability, and future economic growth.<\/p>\n\n\n\n

The Conference Board's consumer confidence index dropped to 98.7 in September, down from 105.6 in August, missing the 104 forecast in a Bloomberg survey. Dana Peterson, Chief Economist at The Conference Board said<\/a>:<\/p>\n\n\n\n

\"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Additionally, this new program reportedly demonstrates how financial giants are looking beyond conventional banking to meet the changing needs of borrowers and investors alike. More banks are now working with private credit firms, which have become a key financing source for high-risk borrowers and companies seeking large buyouts.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Citigroup's First-Quarter Earnings Drop 27% On Reorganization Costs<\/a><\/p>\n\n\n\n

A Private Credit Move<\/h2>\n\n\n\n

Private credit has gained traction because it offers speed and flexibility, often catering to borrowers who cannot secure funding from traditional banks. These loans are reportedly processed more quickly, bypassing the stricter regulatory barriers that conventional banking must navigate.<\/p>\n\n\n\n

Over recent months, partnerships between private credit firms and banks have flourished. Initially perceived as competition, these firms have now found synergy in their collaboration. For Citi, teaming up with Apollo allows the bank to leverage its existing customer relationships and generate fees without assuming direct lending risk.<\/p>\n\n\n\n

The Citi-Apollo program will initially focus on North America, with plans to expand to other regions. Demand and partnership opportunities are expected to drive the program's growth beyond the initial $25 billion goal.<\/p>\n\n\n\n

Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n

This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18866,"post_author":"14","post_date":"2024-09-25 19:45:40","post_date_gmt":"2024-09-25 09:45:40","post_content":"\n

U.S. consumer confidence experienced its sharpest decline in three years, signaling growing concerns about the economic outlook. The drop reflects rising uncertainties surrounding inflation, job stability, and future economic growth.<\/p>\n\n\n\n

The Conference Board's consumer confidence index dropped to 98.7 in September, down from 105.6 in August, missing the 104 forecast in a Bloomberg survey. Dana Peterson, Chief Economist at The Conference Board said<\/a>:<\/p>\n\n\n\n

\"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The partnership<\/a> between the two firms highlights a new trend in the private credit space: traditional banks are partnering with non-banks to access the lucrative $2 trillion private lending market.<\/p>\n\n\n\n

Additionally, this new program reportedly demonstrates how financial giants are looking beyond conventional banking to meet the changing needs of borrowers and investors alike. More banks are now working with private credit firms, which have become a key financing source for high-risk borrowers and companies seeking large buyouts.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Citigroup's First-Quarter Earnings Drop 27% On Reorganization Costs<\/a><\/p>\n\n\n\n

A Private Credit Move<\/h2>\n\n\n\n

Private credit has gained traction because it offers speed and flexibility, often catering to borrowers who cannot secure funding from traditional banks. These loans are reportedly processed more quickly, bypassing the stricter regulatory barriers that conventional banking must navigate.<\/p>\n\n\n\n

Over recent months, partnerships between private credit firms and banks have flourished. Initially perceived as competition, these firms have now found synergy in their collaboration. For Citi, teaming up with Apollo allows the bank to leverage its existing customer relationships and generate fees without assuming direct lending risk.<\/p>\n\n\n\n

The Citi-Apollo program will initially focus on North America, with plans to expand to other regions. Demand and partnership opportunities are expected to drive the program's growth beyond the initial $25 billion goal.<\/p>\n\n\n\n

Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n

This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18866,"post_author":"14","post_date":"2024-09-25 19:45:40","post_date_gmt":"2024-09-25 09:45:40","post_content":"\n

U.S. consumer confidence experienced its sharpest decline in three years, signaling growing concerns about the economic outlook. The drop reflects rising uncertainties surrounding inflation, job stability, and future economic growth.<\/p>\n\n\n\n

The Conference Board's consumer confidence index dropped to 98.7 in September, down from 105.6 in August, missing the 104 forecast in a Bloomberg survey. Dana Peterson, Chief Economist at The Conference Board said<\/a>:<\/p>\n\n\n\n

\"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Citigroup and Apollo have launched a $25 billion private credit and direct lending program in collaboration with Abu Dhabi's Mubadala Investment Company and Apollo's annuity unit, Athene, Reuters reported.<\/p>\n\n\n\n

The partnership<\/a> between the two firms highlights a new trend in the private credit space: traditional banks are partnering with non-banks to access the lucrative $2 trillion private lending market.<\/p>\n\n\n\n

Additionally, this new program reportedly demonstrates how financial giants are looking beyond conventional banking to meet the changing needs of borrowers and investors alike. More banks are now working with private credit firms, which have become a key financing source for high-risk borrowers and companies seeking large buyouts.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Citigroup's First-Quarter Earnings Drop 27% On Reorganization Costs<\/a><\/p>\n\n\n\n

A Private Credit Move<\/h2>\n\n\n\n

Private credit has gained traction because it offers speed and flexibility, often catering to borrowers who cannot secure funding from traditional banks. These loans are reportedly processed more quickly, bypassing the stricter regulatory barriers that conventional banking must navigate.<\/p>\n\n\n\n

Over recent months, partnerships between private credit firms and banks have flourished. Initially perceived as competition, these firms have now found synergy in their collaboration. For Citi, teaming up with Apollo allows the bank to leverage its existing customer relationships and generate fees without assuming direct lending risk.<\/p>\n\n\n\n

The Citi-Apollo program will initially focus on North America, with plans to expand to other regions. Demand and partnership opportunities are expected to drive the program's growth beyond the initial $25 billion goal.<\/p>\n\n\n\n

Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n

This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18866,"post_author":"14","post_date":"2024-09-25 19:45:40","post_date_gmt":"2024-09-25 09:45:40","post_content":"\n

U.S. consumer confidence experienced its sharpest decline in three years, signaling growing concerns about the economic outlook. The drop reflects rising uncertainties surrounding inflation, job stability, and future economic growth.<\/p>\n\n\n\n

The Conference Board's consumer confidence index dropped to 98.7 in September, down from 105.6 in August, missing the 104 forecast in a Bloomberg survey. Dana Peterson, Chief Economist at The Conference Board said<\/a>:<\/p>\n\n\n\n

\"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

Benchmark Fed Funds Rate<\/h2>\n\n\n\n

This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

\"Global<\/figure>\n\n\n\n

See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

U.S. Markets And Industrial Output<\/h2>\n\n\n\n

While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

\"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

Federal Open Market Committee Policy <\/h2>\n\n\n\n

The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 … 12

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
  • This program comes as private credit faces increased scrutiny from institutions like the IMF.<\/li>\n<\/ul>\n\n\n\n

    Citigroup and Apollo have launched a $25 billion private credit and direct lending program in collaboration with Abu Dhabi's Mubadala Investment Company and Apollo's annuity unit, Athene, Reuters reported.<\/p>\n\n\n\n

    The partnership<\/a> between the two firms highlights a new trend in the private credit space: traditional banks are partnering with non-banks to access the lucrative $2 trillion private lending market.<\/p>\n\n\n\n

    Additionally, this new program reportedly demonstrates how financial giants are looking beyond conventional banking to meet the changing needs of borrowers and investors alike. More banks are now working with private credit firms, which have become a key financing source for high-risk borrowers and companies seeking large buyouts.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Citigroup's First-Quarter Earnings Drop 27% On Reorganization Costs<\/a><\/p>\n\n\n\n

    A Private Credit Move<\/h2>\n\n\n\n

    Private credit has gained traction because it offers speed and flexibility, often catering to borrowers who cannot secure funding from traditional banks. These loans are reportedly processed more quickly, bypassing the stricter regulatory barriers that conventional banking must navigate.<\/p>\n\n\n\n

    Over recent months, partnerships between private credit firms and banks have flourished. Initially perceived as competition, these firms have now found synergy in their collaboration. For Citi, teaming up with Apollo allows the bank to leverage its existing customer relationships and generate fees without assuming direct lending risk.<\/p>\n\n\n\n

    The Citi-Apollo program will initially focus on North America, with plans to expand to other regions. Demand and partnership opportunities are expected to drive the program's growth beyond the initial $25 billion goal.<\/p>\n\n\n\n

    Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n

    This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18866,"post_author":"14","post_date":"2024-09-25 19:45:40","post_date_gmt":"2024-09-25 09:45:40","post_content":"\n

    U.S. consumer confidence experienced its sharpest decline in three years, signaling growing concerns about the economic outlook. The drop reflects rising uncertainties surrounding inflation, job stability, and future economic growth.<\/p>\n\n\n\n

    The Conference Board's consumer confidence index dropped to 98.7 in September, down from 105.6 in August, missing the 104 forecast in a Bloomberg survey. Dana Peterson, Chief Economist at The Conference Board said<\/a>:<\/p>\n\n\n\n

    \"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

    The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

    The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

    See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

    Benchmark Fed Funds Rate<\/h2>\n\n\n\n

    This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

    Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

    However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

    It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

    The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

    Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

    The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

    \"Global<\/figure>\n\n\n\n

    See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

    U.S. Markets And Industrial Output<\/h2>\n\n\n\n

    While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

    Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

    \"\"<\/figure>\n\n\n\n

    Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

    As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

    Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

    The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

    On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

    The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

    \"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

    See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

    Federal Open Market Committee Policy <\/h2>\n\n\n\n

    The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

    In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

    In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    1 2 3 … 12

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
  • The partnership reflects a new trend where traditional banks compete with non-banks in the private lending market.<\/li>\n\n\n\n
  • This program comes as private credit faces increased scrutiny from institutions like the IMF.<\/li>\n<\/ul>\n\n\n\n

    Citigroup and Apollo have launched a $25 billion private credit and direct lending program in collaboration with Abu Dhabi's Mubadala Investment Company and Apollo's annuity unit, Athene, Reuters reported.<\/p>\n\n\n\n

    The partnership<\/a> between the two firms highlights a new trend in the private credit space: traditional banks are partnering with non-banks to access the lucrative $2 trillion private lending market.<\/p>\n\n\n\n

    Additionally, this new program reportedly demonstrates how financial giants are looking beyond conventional banking to meet the changing needs of borrowers and investors alike. More banks are now working with private credit firms, which have become a key financing source for high-risk borrowers and companies seeking large buyouts.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Citigroup's First-Quarter Earnings Drop 27% On Reorganization Costs<\/a><\/p>\n\n\n\n

    A Private Credit Move<\/h2>\n\n\n\n

    Private credit has gained traction because it offers speed and flexibility, often catering to borrowers who cannot secure funding from traditional banks. These loans are reportedly processed more quickly, bypassing the stricter regulatory barriers that conventional banking must navigate.<\/p>\n\n\n\n

    Over recent months, partnerships between private credit firms and banks have flourished. Initially perceived as competition, these firms have now found synergy in their collaboration. For Citi, teaming up with Apollo allows the bank to leverage its existing customer relationships and generate fees without assuming direct lending risk.<\/p>\n\n\n\n

    The Citi-Apollo program will initially focus on North America, with plans to expand to other regions. Demand and partnership opportunities are expected to drive the program's growth beyond the initial $25 billion goal.<\/p>\n\n\n\n

    Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n

    This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18866,"post_author":"14","post_date":"2024-09-25 19:45:40","post_date_gmt":"2024-09-25 09:45:40","post_content":"\n

    U.S. consumer confidence experienced its sharpest decline in three years, signaling growing concerns about the economic outlook. The drop reflects rising uncertainties surrounding inflation, job stability, and future economic growth.<\/p>\n\n\n\n

    The Conference Board's consumer confidence index dropped to 98.7 in September, down from 105.6 in August, missing the 104 forecast in a Bloomberg survey. Dana Peterson, Chief Economist at The Conference Board said<\/a>:<\/p>\n\n\n\n

    \"September's decline was the largest since August 2021 and all five components of the Index deteriorated. Consumers' assessments of current business conditions turned negative while views of the current labor market situation softened further.\"<\/em><\/p>\n\n\n\n

    The Conference Board's Consumer Confidence Index is based on a monthly survey of about 3,000 households and assesses consumers' views on current economic conditions as well as their expectations for the future.<\/p>\n\n\n\n

    The sharp decline suggests that consumers are becoming more cautious, potentially signaling slower economic growth in the months ahead. This dip could also affect retail spending, which is a key driver of the U.S. economy.<\/p>\n\n\n\n

    See Related: <\/strong><\/em>Wall Street Rises As Key Consumer Confidence Gauge Shows Gains<\/a><\/p>\n\n\n\n

    Benchmark Fed Funds Rate<\/h2>\n\n\n\n

    This negative news came after the Federal Open Market Committee lowered the benchmark Fed funds rate to a range of 4.75% to 5% last week, the first reduction since March 2020, signaling confidence in the progress made against inflation.<\/p>\n\n\n\n

    Fed officials stated last week that inflation is no longer a pressing threat, giving them more flexibility to focus on other economic goals, such as boosting employment and encouraging investment.<\/p>\n\n\n\n

    However, on Tuesday, Governor Michelle Bowman advocated for a gradual loosening of monetary policy, diverging from the prevailing stance of the Federal Open Market Committee. She noted that inflation is still a concern despite recent improvements and suggested that the labor market may not be as weak as the data implies.<\/p>\n\n\n\n

    It is also important to mention that Bowman was the only dissent to the FOMC's decision to lower the target range for the federal funds rate by 50 basis points at its meeting last week.<\/p>\n","post_title":"U.S. Consumer Confidence Sees Sharpest Drop In Three Years","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-consumer-confidence-sees-sharpest-drop-in-three-years","to_ping":"","pinged":"","post_modified":"2024-09-25 19:45:44","post_modified_gmt":"2024-09-25 09:45:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18866","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18715,"post_author":"18","post_date":"2024-09-19 03:55:53","post_date_gmt":"2024-09-18 17:55:53","post_content":"\n

    The Federal Reserve<\/a> is gearing up for a potentially significant rate cut this week, marking the end of a 30-month tightening cycle aimed at curbing post-pandemic inflation. This move comes against a backdrop of weakening Chinese economic data and heightened political tensions in the U.S., setting the stage for a week of high-stakes financial maneuvering.<\/p>\n\n\n\n

    Investors are laser-focused on the possibility of a more aggressive 50 basis point cut, rather than the previously expected 25 basis points. As reported by Reuters, this shift in expectations has been fueled by recent press reports, despite Fed officials maintaining their traditional pre-meeting silence. The anticipation is palpable in the markets, with Wall Street benchmarks hovering within 1% of record highs and Fed futures pricing in a 60% chance of a 50 basis point cut. Short-term Treasury yields have retreated to 2022 levels, while the dollar index is approaching year-lows.<\/p>\n\n\n\n

    The potential Fed easing is having far-reaching effects across global markets. The yen has strengthened past 140 per dollar, a level not seen since July 2022, while MSCI's emerging market currency index hit a record high. In the bond market, the 2-to-10-year yield curve gap is at its most positive since June 2022, reflecting shifting expectations about future economic conditions.<\/p>\n\n\n\n

    \"Global<\/figure>\n\n\n\n

    See Related:<\/em><\/strong> Riddle&amp; Code ignites the fourth industrial revolution by easily onboarding any machine onto Web3<\/a><\/p>\n\n\n\n

    U.S. Markets And Industrial Output<\/h2>\n\n\n\n

    While U.S. markets brace for easing, China grapples with economic headwinds. Industrial output growth slowed to a five-month low in August, while retail sales and new home prices missed forecasts.<\/p>\n\n\n\n

    Perhaps most alarmingly, new home prices fell at the fastest pace in over nine years, underscoring the ongoing property market crisis. These indicators highlight the growing need for substantial government stimulus, which has been notably absent thus far.<\/p>\n\n\n\n

    \"\"<\/figure>\n\n\n\n

    Adding to the complex economic landscape, the FBI reported a second failed assassination attempt on Republican presidential candidate Donald Trump. This development comes as Trump trails Democratic candidate Kamala Harris in betting markets following their recent TV debate, further complicating the political and economic outlook.<\/p>\n\n\n\n

    As the Fed prepares to move, market watchers are keenly awaiting the ripple effects across global economies. The interplay between monetary policy, geopolitical events, and economic indicators will likely shape market trajectories in the coming months. The Fed's decision this week could set the tone for global monetary policy, potentially influencing central bank decisions worldwide. Moreover, China's economic challenges present a wildcard that could significantly impact global growth prospects.<\/p>\n\n\n\n

    Investors and policymakers alike will be closely monitoring how these interconnected factors unfold, potentially reshaping the global economic landscape in the latter half of 2024 and beyond. The coming weeks may prove crucial in determining whether the Fed's anticipated rate cut can stimulate growth without reigniting inflationary pressures, all while navigating the complex terrain of international economic relations and domestic political uncertainties.<\/p>\n","post_title":"Fed Poised For Rate Cut Amid Global Economic Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"fed-poised-for-rate-cut-amid-global-economic-shifts","to_ping":"","pinged":"","post_modified":"2024-09-19 03:56:00","post_modified_gmt":"2024-09-18 17:56:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18715","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18657,"post_author":"14","post_date":"2024-09-14 20:53:01","post_date_gmt":"2024-09-14 10:53:01","post_content":"\n

    The US Producer Price Index (PPI) increased by 0.2% in August, according to the Bureau of Labor Statistics. This rise follows a flat reading in July and outpaced the 0.1% gain that Bloomberg\u2019s survey had predicted. It is also important to mention that excluding food and energy prices, the core PPI climbed 0.3%, above the 0.2% gain expected and a 0.2% decline in the previous month.<\/p>\n\n\n\n

    On a yearly basis, the Producer Price Index (PPI) rose by 1.7% in August, down from 2.1% in July. However, when excluding just food and energy, the PPI ticked up slightly to 2.4% from 2.3%. Meanwhile, the PPI excluding food, energy, and trade services saw a modest increase to 3.3%, up from 3.2%.<\/p>\n\n\n\n

    The hotter-than-expected read on the PPI coupled with Wednesday's hotter read on the core CPI, thanks to a larger increase in shelter and airline fares, underscores the Federal Open Market Committee's lingering focus on inflation, according to a research company Stifel note Thursday. Stifel Chief Economist Lindsey Piegza said<\/a> in the note:<\/p>\n\n\n\n

    \"While continuing a disinflationary trend and supporting the Fed's intentions to open the door to rate cuts in less than one week's time, the ongoing uncertainty and unevenness in price growth reinforces the need for a slow and tempered approach to policy adjustment as the data continue to evolve.\"<\/em><\/p>\n\n\n\n

    See Related: <\/em><\/strong>DeFiChain Forms Technical Committee to Further Decentralize the Consensus Code Governance<\/a><\/p>\n\n\n\n

    Federal Open Market Committee Policy <\/h2>\n\n\n\n

    The Federal Open Market Committee is set to announce its policy decision on September 18 but as of Thursday afternoon, the chance of a 50 basis point interest rate cut plummeted to 13%, down from 40% just a week ago, according to the CME Group's FedWatch Tool. Meanwhile, the probability of a 25 basis point cut has risen to 87%, up from 60% a week prior.<\/p>\n\n\n\n

    In the weeks ahead, the Federal Reserve's policy decisions will be crucial for investors but corporate performance for Q3 will also set the tone for investor sentiment. Strong earnings could fuel optimism, while disappointing results might dampen enthusiasm.<\/p>\n\n\n\n

    In other economic news, initial jobless claims in the US increased to 230,000 for the week ending September 7, up from a revised 228,000 the previous week. This was higher than the 227,000 decrease that analysts had expected, according to a Bloomberg survey.<\/p>\n","post_title":"The US Producer Price Index Rises 0.2% In August","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"the-us-producer-price-index-rises-0-2-in-august","to_ping":"","pinged":"","post_modified":"2024-09-14 20:53:05","post_modified_gmt":"2024-09-14 10:53:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18657","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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