The Federal Reserve lowered its key rate by 25 bps to a range of 4-4.25%, indicating the possibility of two more cuts in October and December. Jerome Powell called this decision «risk management» against the background of a weakening labor market with continued inflationary pressures. According to the updated dot plot, the Fed expects another 0.5 percentage points of reduction before the end of 2025 and one in 2026.Not everyone supported the decision: Trump's nominee to the FOMC, Stephen Mi... Đọc thêm
The depreciation of yen is beneficial for companies as it attracts more investments giving higher... Đọc thêm
The unemployment rate in UK had marginally declined to 1.62 million from August until October, as... Đọc thêm
The USD surged to its highest levels in almost two weeks after the FOMC finally decided to... Đọc thêm
The USD had a somewhat muted trading session since traders are now closely monitoring Federal... Đọc thêm
The tension in British households has lessen since May 2015, as most focus on increase in inflation... Đọc thêm
The economic sentiment for Germany remained constant for this month as it was supported by a... Đọc thêm
Crude oil prices rose to its highest levels in over 17 months following Saudi Arabia’s pledge to c... Đọc thêm
Simon William English or also known as Bill English is the new New Zealand Prime Minister as... Đọc thêm
The annual inflation rate in November reduced to its lowest level since latter 2014. The reports... Đọc thêm
The Republic of Venezuela made its announcement regarding the official replacement of the country’s ... Đọc thêm
European stocks extended its longest rallying streak during Friday’s trading session, with EU s... Đọc thêm
The market was left in a state of general confusion after the European Central Bank publicized its... Đọc thêm
The sterling pound hit a two-month high after the UK Supreme Court recently concluded its second... Đọc thêm
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