US Faces 87% Increase in Debt Interest Costs at Fiscal Year Start
US Faces 87% Increase in Debt Interest Costs at Fiscal Year Start The United States commenced its fiscal year facing an 87% surge in the cost of interest on its national debt, a stark indicator of the financial burden that increased Treasury yields have imposed. In October, the government paid a striking $88.9 billion in […]
Australia and New Zealand Projected to Have Sub-3% Inflation by 2024
Australia and New Zealand Projected to Have Sub-3% Inflation by 2024 Goldman Sachs Group Inc. foresees a downward trend in inflation for Australia and New Zealand, anticipating it will drop slightly below 3% by the latter part of 2024. This projection aligns with the goals of the respective central banks and suggests a possible environment […]
NZD/USD Downward Trend Continues, Eyes on US Economic Indicators
NZD/USD Downward Trend Continues, Eyes on US Economic Indicators The New Zealand dollar, commonly referred to as the Kiwi, has seen a continuous decline, intensifying its losses to approach a value of 0.5870 against the US dollar during the Asian market hours on Tuesday. This downturn, which initiated on the 6th of November, is largely […]