Money
U.S. Fed prepares to slow down the economy to smash inflation
Mortgage repayments in the United States are on the rise again, with the Federal Reserve hiking rates by three-quarters of a percent.
The Fed is trying to push down runaway inflation without creating a recession.
It’s the most dramatic action taken by the Fed since the 1990s, and will impact loan repayments for millions of Americans.
Mortgages, car loans and credit cards will all be impacted.
Markets expected the move after Fed officials telegraphed the increase in a series of statements over recent weeks.
Central bankers say the priority is to bring down inflation, even if it slows down the economy.
Fed Chair Jerome Powell doesn’t believe the US economy is in recession.
But he says though growth was negative in the first quarter and was expected to be barely positive in the second quarter.
As the stance of monetary policy tightens further, it likely will become appropriate to slow the pace of increases while we assess how our cumulative policy adjustments are affecting the economy and inflation,” Powell said.
Spending has softened
In its post-meeting statement, the rate-setting Federal Open Market Committee cautioned that “recent indicators of spending and production have softened.”
“Nonetheless, job gains have been robust in recent months, and the unemployment rate has remained low,” the committee added, using language similar to the June statement.
Officials describe inflation as “elevated” and ascribed the situation to supply chain issues and higher prices for food and energy along with “broader price pressures.”
Money
Australia inflation report and Nvidia earnings impact explained
Australia’s inflation report sparks market shifts, influencing interest rates, the Aussie dollar, and investor sentiment amid Nvidia’s earnings.
Australia’s inflation report sparks market shifts, influencing interest rates, the Aussie dollar, and investor sentiment amid Nvidia’s earnings.
Australia’s latest inflation report is creating waves across the market, with questions about interest rates, the strong performance of the Aussie dollar, and the uneven nature of the stock market rally. Investors are watching closely as changes in carry trade risks this month add another layer of complexity.
David Scutt from StoneX discusses what these shifts mean for trading strategies and the broader economic outlook. He provides insight into how underlying factors are shaping investor confidence and market dynamics.
On the tech side, Nvidia’s upcoming earnings are expected to influence AI development and the broader tech sector. Coupled with trends in SaaS and bitcoin price action, these movements are signalling how investor sentiment is evolving in a fast-changing landscape.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#AustraliaEconomy #InflationReport #AussieDollar #NvidiaEarnings #AIInvesting #StockMarketNews #BitcoinTrends #SaaSInsights
Money
U.S. stocks rally as AMD, Home Depot, and AI software lead gains
U.S. equities rose as AI disruption fears eased, with Home Depot, AMD, and DocuSign driving tech stock gains.
U.S. equities rose as AI disruption fears eased, with Home Depot, AMD, and DocuSign driving tech stock gains.
U.S. tech stocks surged as investors’ fears over AI disruption eased. Advanced Micro Devices jumped 9% after Meta announced a multiyear deal to deploy AMD’s graphics processing units for AI data centres. The move highlights growing corporate confidence in AI infrastructure investments.
DocuSign also rose 3% following Anthropic’s confirmation that Claude Cowork can integrate with DocuSign, Google Drive, and Gmail, signalling stronger adoption of AI tools across industries.
The iShares Expanded Tech-Software Sector ETF climbed 2% despite remaining over 30% below its 52-week high, showing tech stocks are recovering but still have room to run.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
Money
Stocks tumble amid AI concerns and Trump tariff update
Dow drops 800+ points as AI and trade worries hit tech and retail stocks; bonds rise amid market volatility.
Dow drops 800+ points as AI and trade worries hit tech and retail stocks; bonds rise amid market volatility.
Stocks plunged sharply as concerns over artificial intelligence and trade tensions rattled investors, sending the Dow down more than 800 points. Heavyweights like American Express, Goldman Sachs, and JPMorgan were key contributors to the drop.
Software companies were hit particularly hard after a report suggested AI could impact economic growth, triggering further losses across tech shares.
Trade-sensitive retailers including American Eagle Outfitters, Ralph Lauren, and Yeti Holdings also faced setbacks as market uncertainty spiked. Bonds, meanwhile, rallied as investors sought safety in a volatile market.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
-
Tech1 day agoOpenAI moves to replace software giants with AI products
-
News3 days ago
Iran signals nuclear concessions as U.S. talks intensify
-
Money3 days ago
U.S. investors flee stock market for global opportunities
-
Tech3 days ago
Apple’s next AI wearables could change how we use tech
-
Money8 hours ago
Australia inflation report and Nvidia earnings impact explained
-
Tech2 days ago
Anthropic CEO holds key Pentagon talks on AI ethics and military use
-
Money2 days ago
Stocks tumble amid AI concerns and Trump tariff update
-
Ticker Views3 days ago
How Andrew Mountbatten-Windsor could be removed from the line of succession
