US Treasury Secretary Scott Bessant said that the Federal Reserve System should reduce the key interest rate by at least 150-175 basis points from the current level. He suggested starting the cycle in September with a step of 50 bp.According to him, if the regulator had had the revised labor market data published on August 1, it would probably have started cutting rates in June or July. These data showed that employment growth in May and June was reduced by 258,000 jobs.Currently, the Fed's rate... مزید پڑھیں
The new, 56th, Speaker of the US House of Representatives was Representative from the Republican... مزید پڑھیں
In the third quarter, US GDP showed growth of 4.9% year-on-year, according to the initial estimate... مزید پڑھیں
Analysts say that US economic growth will not save the country from problems with a huge national... مزید پڑھیں
The European Central Bank decided not to change its key rates at today's meeting. It is worth... مزید پڑھیں
As a rule, European markets actively react to corporate news, which provides investors with an... مزید پڑھیں
European stock markets on Thursday showed negative dynamics against the background of quarterly... مزید پڑھیں
On Wednesday, the Bank of Canada kept its key rate at 5% per annum, which is the highest since... مزید پڑھیں
The United States is not going to return duties on European steel, established in 2018 by... مزید پڑھیں
On Wednesday morning, oil prices continued to decline due to some easing of fears of an immediate... مزید پڑھیں
Business activity in the private sector of the eurozone in the last quarter of 2023 showed... مزید پڑھیں
Bitcoin briefly reached $35,208 today, after which it lost some in price and is now trading around... مزید پڑھیں
The yield on 10-year US Treasury bonds rose above 5% for the first time since 2007. The weekly rise... مزید پڑھیں
The EU authorities are considering the possibility of extending the temporary restriction on gas... مزید پڑھیں
The European Bank for Reconstruction and Development (EBRD) has sold its stake in the Moscow Stock... مزید پڑھیں
Latvian President Edgars Rinkevics proposed to close the Baltic Sea to all Russian ships if the... مزید پڑھیں
OpenAI, the company that developed the popular chatbot ChatGPT, has started negotiations with... مزید پڑھیں
According to the German Federal Statistical Office, producer prices in Germany in September showed... مزید پڑھیں
On Friday morning, benchmark oil prices continued their growth, ending the week at monthly highs,... مزید پڑھیں
The number of Americans who applied for unemployment benefits for the first time last week... مزید پڑھیں
Russian Ambassador to Australia Alexey Pavlovsky called the bilateral relations between the two... مزید پڑھیں
The shares of the streaming service Netflix today showed an impressive growth in post-trading,... مزید پڑھیں
The United States has decided to temporarily suspend sanctions against Venezuela's oil and gas... مزید پڑھیں
On Thursday, oil prices are declining due to news about the easing of US sanctions against the oil... مزید پڑھیں
Restrictions are planned to be introduced from January 1, 2024. The meeting of the Big Seven... مزید پڑھیں
Moscow and Beijing have signed an important agreement providing for the largest contract for the... مزید پڑھیں
The share of the yuan in international settlements within the SWIFT system showed impressive... مزید پڑھیں
According to the State Statistical Office, in the third quarter of 2023, China's economy showed... مزید پڑھیں
According to the forecast of the research organization International Data Corporation (IDC),... مزید پڑھیں
Chinese startup Baichuan, specializing in the development of artificial intelligence (AI)... مزید پڑھیں
According to analysts, the approval of the upcoming bitcoin ETF has already been partially taken... مزید پڑھیں
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