The U.S. economy has steady growth during the Q2 2023, matching experts' expectations. For what’s important, the gross domestic product (GDP) saw a growth of 2.1% in this period, while the first quarter was revised to reflect a 2.2% growth rate, up from the initial 2.0% report. 
Historical GDP data was also updated due to new information and improved methods. Interestingly, GDP for the early months of 2020, 2021, and 2022 was lowered as consumers spending was less than...

The U.S. Federal Reserve decided not to change its interest rates but hinted they might increase them by the end of the year. Their projections suggest the benchmark overnight interest rate might peak between 5.5% to 5.75% this year, decreasing to 5.1% by 2024's end and 3.9% by 2025. They're hoping to lower inflation from 3.3% in 2023 to 2.5% in 2024 and then to 2.2% in 2025. They aim to reach a 2% inflation rate by 2026.
After these numbers came out, th...

The U.S. Department of the Treasury has shared Treasury International Capital Data for July. Here are the main takeaways:
1. Foreign Investments: The U.S. saw a total investment inflow of $140.6 billion from foreign entities. Such an inflow shows a positive sentiment among foreign investors towards the U.S. market, suggesting they see the U.S. as a stable or profitable place to park their money. Breaking it down:
- Private foreign investors br...

Yields on Japanese government bonds (JGB) have seen a significant surge after the Bank of Japan (BOJ) hinted at possibly ending its negative interest rate policy. This spike in yields is largely due to BOJ Governor Kazuo Ueda's recent interview. He suggested that if the bank nears its 2% inflation goal, we might witness rate hikes by the end of the year.
Attempting to manage the rising yields, the BOJ revealed plans to offer five-year loans to banks...