Global equity funds experienced a second straight week of net withdrawals in the seven-day period ending May 28, shedding $7.5 billion as investors became increasingly risk-averse amid renewed concerns over U.S. tariff threats and the broader implications for economic growth…. Read More ›
Day: May 31, 2025
Fed’s Pause Under Scrutiny as Inflation Eases but Consumers Hold Back
Federal Reserve policymakers are widely expected to maintain their current benchmark interest rate in the months ahead, despite the latest data showing signs of cooling inflation and increasingly cautious consumer behavior. Although the Personal Consumption Expenditures (PCE) price index—a key… Read More ›
OPEC+ Holds Firm on July Output Hike Amid Market Share and Compliance Concerns
OPEC+ ministers on Saturday approved a further increase of 411,000 barrels per day to their collective oil production ceiling for July, underscoring a strategic commitment to regain lost market share and address persistent compliance issues among member states. The decision,… Read More ›