NEW YORK, NY, Tuesday, February 27, 2024 – BlackRock, the world’s largest asset manager, projects moderate real GDP growth of 1.5-2% for the United States in 2024, according to comments made by Rick Rieder, the firm’s Chief Investment Officer (CIO), on CNBC’s “Closing Bell” program on February 15. Rieder acknowledged market concerns surrounding recent inflation […]

Washington DC, October 11, 2023: The US Consumer Price Index (CPI) rose 0.6% in September 2023, the biggest monthly increase since January 2022. This pushed the annual inflation rate to 8.2%, the highest level since December 1981, according to the US Bureau of Labor Statistics. According to their report, prices have gone up by 3.7% […]

WASHINGTON, Monday, April 08, 2024- A potential meltdown in the U.S. bond market is emerging as a growing concern for some analysts, citing factors like rising interest rates and high inflation. While the risk is not imminent, analysts warn that a confluence of events could trigger a sharp sell-off in U.S. government bonds, sending interest […]