The Fed kept the federal funds rate in the range of 4.25%-4.50%, without specifying a time frame for its possible reduction. The decision caused controversy: for the first time in three decades, two members of the Open Market Committee spoke out against it, sharing the opinion of former President Donald Trump about the excessive rigidity of the current monetary policy.The FOMC statement emphasized that «the unemployment rate remains low and the labor market is stable,» despite high inflation. Th... Read More
The Republic of Venezuela made its announcement regarding the official replacement of the country’s ... Read More
European stocks extended its longest rallying streak during Friday’s trading session, with EU s... Read More
The market was left in a state of general confusion after the European Central Bank publicized its... Read More
The sterling pound hit a two-month high after the UK Supreme Court recently concluded its second... Read More
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