Browsing: monetary policy
The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and boost the weakening labor market.
The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and boost the weakening labor market.
Following Powell’s remarks, the 10-year Treasury yield remains unchanged, signaling market anticipation of rate cuts.
ECB’s June rate cut puts it ahead of the U.S. Federal Reserve, which continues to grapple with inflation challenges in the U.S.
Japan’s economy slips to fourth place as recession hits, with Germany overtaking amid global economic shifts.
Japan’s economy slips to fourth place as recession hits, with Germany overtaking amid global economic shifts.
IMF boosts 2024 global growth forecast by 0.2 points to 3.1%, crediting U.S. resilience and Chinese fiscal action.
In a significant shift for the financial markets, Dow futures experienced a notable decline, pointing to a potential end to the S&P 500’s nine-week winning streak.
Gold prices experienced a rebound on April 18, 2023, after two consecutive sessions of losses, as the dollar’s value weakened…