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Powell's Inflation Battle: Jackson Hole Decision Sparks Market Surge
At Jackson Hole, Powell ratifies path of interest rate hike to fight inflation. Although inflation has shown some decline since its peak,...
Ballestas Group
Aug 28, 20231 min read
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Inflation Upside, Growth Concerns, and Yield Surges
The minutes of the July Federal Open Market Committee meeting show that most Fed members continue to see significant upside risks to...
Ballestas Group
Aug 21, 20231 min read
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Inflation Eases, Fed's Path Uncertain, Market Surprises Abound
Inflation is showing signs of moderation, with a 3.2% y-o-y increase in July's CPI, in line with estimates. This is reducing concerns...
Ballestas Group
Aug 11, 20231 min read
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U.S. Treasury's AAA to AA+ Downgrade: Triggering Fiscal Concerns and Yield Volatility
The credit rating agency Fitch has downgraded the sovereign's credit quality by one notch, transitioning from AAA to AA+. This decision...
Ballestas Group
Aug 4, 20231 min read
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Federal Reserve Raises Interest Rates to 5.25% and 5.50% Amidst Strong U.S. Growth and Low Inflation
On Wednesday, the Federal Reserve raised interest rates by 25 basis points to 5.25% and 5.50%. In addition, they announced that they will...
Ballestas Group
Jul 28, 20231 min read
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ECB Set for Rate Hike: Aggressive Members Signal Anticipated Increase!
Last week's better-than-expected inflation data and the news this week of plummeting used car prices coincided with a drop in 10-year...
Ballestas Group
Jul 21, 20231 min read
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Markets Rejoice as June Inflation Plummets
Markets rallied on the back of a significant drop in the inflation figure for the month of June. Overall, prices fell one percentage...
Ballestas Group
Jul 14, 20231 min read
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Bond Market Rocked: FED's Hawkish Tone Sparks Volatility!
Despite the Federal Reserve's decision to hold rates at the June meeting, almost all participants saw the need for further increases, and...
Ballestas Group
Jul 7, 20231 min read
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Apple Makes History: $3 Trillion Valuation
This week, the presidents of the main Central Banks were gathered at the forum of the European Central Bank in Sintra, Portugal. In his...
Ballestas Group
Jun 30, 20231 min read
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China's Central Bank Cuts Rates to Boost Post-COVID Recovery
This week, the market was focused on the CPI reading for May and the Fed's benchmark rate decision. The consumer price index cooled,...
Ballestas Group
Jun 16, 20231 min read
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Saudi Arabia Slashed Oil Production Further in Anticipation of Sluggish Global Growth
Until the last week, the anticipation in the market was that the Federal Reserve would not increase rates in the upcoming FOMC meeting in...
Ballestas Group
Jun 9, 20231 min read
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Debt Ceiling Approved, Job Market Thrives
The bill, which was agreed upon over the weekend between the White House and Speaker of the House Kevin McCarthy, to prevent reaching the...
Ballestas Group
Jun 2, 20231 min read
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Rising Inflation and Impending Debt Crisis
The personal consumption expenditure (PCE) price index, the US Federal Reserve's preferred inflation gauge, rose 4.7% year-on-year in...
Ballestas Group
May 30, 20231 min read
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Debt Ceiling Negotiations Continue
Negotiations on the debt ceiling continued during the week. On the investor side, concerns that the US Treasury will default on its...
Ballestas Group
May 19, 20231 min read
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FED Halt, Debt Talks, and Job Slowdown
Expectations are increasing that the FED will halt the rate hike at the next monetary policy meeting, given the April inflation data and...
Ballestas Group
May 12, 20231 min read
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US Federal Reserve raises benchmark rate, job market remains strong but challenges persist
During their Wednesday meeting, the Federal Reserve opted to raise their benchmark rate by 25 bps, pushing it to a range of 5%-5.25%....
Ballestas Group
May 5, 20231 min read
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Debt Ceiling Debate and Economic Indicators: A Look at the Latest Updates
Kevin McCarthy, the President of the US House of Representatives, has stated that the Republicans will introduce a plan to increase the...
Ballestas Group
Apr 21, 20231 min read
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Fed Minutes and Inflation Figures Raise Concerns
The minutes of the Federal Reserve's March meeting suggest that the organization's members are preparing for a mild recession, which they...
Ballestas Group
Apr 14, 20231 min read
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First Sign of Weakening Labor Market as Job Offers Hit Two-Year Low
After his first day in court, former President Donald Trump will face 34 counts of falsifying business records. According to the charging...
Ballestas Group
Apr 7, 20231 min read
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FDIC Considers Making Big Banks Pay for Failures to Protect Smaller Ones
According to a report from Bloomberg, the FDIC is considering forcing the largest banks to absorb more of the $23 billion costs...
Ballestas Group
Apr 3, 20231 min read
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