Category: expect
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What to expect from the BoJ summary of opinions this morning
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The report should give us a better understanding of what board members were thinking. In June, the Bank of Japan decided to keep the short-term interest rate steady at 0.0%-0.1%, which was expected. But they were shocked when they did not begin to gradually reduce their bond purchases as some…
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ANZ expect the first Reserve Bank of New Zealand rate cut in February 2025 (prior May ’25)
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Reserve Bank of New Zealand forecasts from ANZ in New Zealand. Briefly: We have revised our forecast for the official cash rate (OCR) and now expect the first OCR cut to come in February 2025, rather than May. Domestic inflation… We expect that there will be tangible progress around the…
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What to expect from the US jobs report tomorrow
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The US jobs report will be released at 8:30 AM EST tomorrow. Last month (April), payrolls reached 175,000 which was well below the estimate of 243,000 at the time. The previous month’s revision was -22k. Other details from the April report showed: Unemployment rate 3.9% vs. 3.8% expected (3.8% previously)…
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What Percentage Of People Retire With A $1 Million Nest Egg? It’s Far Less Than You’d Expect
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What percentage of people retire with a nest egg worth $1 million? It’s much lower than you’d expect For decades, a retirement savings goal of $1 million has been considered the gold standard for a secure, comfortable life after work. However, the reality for most Americans is quite different. According…
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Here’s what Citi, Piper Sandler analysts expect to see By Investing.com
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Nvidia (NASDAQ:) is scheduled to report its fiscal first-quarter 2025 earnings after the closing bell on Wednesday, May 22. Investors will primarily focus on growth trends in Nvidia’s data center segment and any updates to the recently announced Blackwell platform. Wall Street analysts expect Nvidia’s revenue to reach $24.65 billion…