US Treasury Secretary Scott Bessant said that the Federal Reserve's policy is hindering economic growth by keeping interest rates at too high a level.His comment followed the publication of revised data from the Bureau of Labor Statistics (BLS), according to which job growth in 2024 was overestimated by almost 1 million. With an earlier adjustment of 577,000, the total discrepancy was about 1.5 million jobs.«These data show that the economy under Biden looked better on paper than in reality,» sa... Čítať viac
The Singapore-Australia Free Trade Agreement (SAFTA) was upgraded and approved on Friday. According... Čítať viac
Various indicators imply more risks are faced by the financial system of Denmark’s central bank s... Čítať viac
Jerome Powell is officially getting closer to becoming the next Fed Reserve Chairman. The Fed... Čítať viac
Federal Bank of Minneapolis’ President Neel Kashkari who disagreed on the rate hikes that happened t... Čítať viac
The Bank of Japan board member, Goushi Kataoka, mentioned that the stimulus plan must be revised to... Čítať viac
The Japanese government allocated an extra budget of 2.7 to 2.9 trillion yen equivalent to $24-26... Čítať viac
The plan of the government in expanding the British industry prior the EU exit is scheduled to be... Čítať viac
Japanese manufacturing output is anticipated to soar as the consumer inflation increased in October... Čítať viac
The UK household expenditure bounced back while growth for business investment tend to last longer... Čítať viac
Britain reduced the official forecasts regarding the growth of the economy, according to the... Čítať viac
The U.S. Treasury yield curve is intensifying concern as it has been moving flat at a quicker rate... Čítať viac
The economic situation in Italy is gradually improving, however, it is also important to cut down... Čítať viac
It is still unknown when will the Reserve Bank of Australia be able to return to sufficient wages... Čítať viac
The Office for National Statistics evaluates the British economy by overhauling its way which... Čítať viac
The non-oil exports from Singapore rose at a quicker rate than anticipated for October since there... Čítať viac
As noted by the group of economists from a banking company, Goldman Sachs, the American economy... Čítať viac
The exports from Japan are anticipated to increase for eleven consecutive months in October which... Čítať viac
The People's republic of China is confronted with bubble risk which was mainly due to higher money... Čítať viac
The European Commission had cut down its economic expectation for the growth in Britain, with... Čítať viac
The American citizens have high approval rating to the US economy prior the Sept. 11, 2001 attacks,... Čítať viac
Based on the new research led by the HSBC, companies that are located at Shenzhen in Southern... Čítať viac
Greater number of European businesses intends to cut down their orders from British suppliers... Čítať viac
The German investors sentiment had increased, reaching its highest level for this month. The... Čítať viac
Economists are expecting that the Reserve Bank of New Zealand will maintain its official cash rate... Čítať viac
The central bank of Lebanon has assured that the Lebanese pound has been steadfast, according to... Čítať viac
Consumer prices in Turkey rallied to a record high over 13 years, excluding volatile items such as... Čítať viac
After more than a decade, the Bank of England decided to implement interest rate hike. The bank... Čítať viac
The total unemployment rate in Germany declined a bit lower than expected for the month of October... Čítať viac
It seems noticeable that the American economy is on a tear as shown in the economic model of the... Čítať viac
Singapore aims to strengthen its standing being the financial hub in Asia that targets greater than... Čítať viac
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