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 economy of the seventh-largest country in the world experienced a steep decline in the first... Čítať viac
US President Donald Trump is currently leaning towards the complete cancellation of the role of... Čítať viac
A trade deal between the United States and Vietnam worth $15 billion of goods and services will be... Čítať viac
Based on the data issued on Wednesday, the growth in the manufacturing activity of China was... Čítať viac
The US Federal Reserve is more than ready to raise its interest rates this coming June, but the... Čítať viac
The stock markets of Asia were unsteady on Tuesday since investors hovered in the sideline prior... Čítať viac
The negotiated wages in Germany climbed by 2.8 percent in the first quarter which has significantly... Čítať viac
ECB President Mario Draghi stressed in a statement made last Monday that the eurozone is still in... Čítať viac
The economy of India is considered as the fastest developing major economy globally in the previous... Čítať viac
Amidst the ongoing G-7 summit in Italy, US President Donald Trump has stated via his adviser that... Čítať viac
Oil prices declined by 5 percent following the extension of production cuts by Opec causing other... Čítať viac
The South African Reserve Bank kept its interest rates unchanged on Thursday as it played down the... Čítať viac
US President Donald Trump has already called for an investigation regarding the “Manchester leaks” ... Čítať viac
New Zealand anticipates exceeding the budget excess prediction for 2017. The former projected... Čítať viac
The credit rating of China was downgraded by Moody’s Investors Service on Wednesday, the previous A... Čítať viac
Fed officials are now more than ready to raise its short-term interest rates after stating in... Čítať viac
On Tuesday, the U.S. spending reserved for foreign aid for Mexico and Central America are to be... Čítať viac
Two surveys conducted by American businesses this month and showed that the US economy continued to... Čítať viac
British people could possibly face a period of living squeeze as the UK consumer prices are now... Čítať viac
The Organization of the Petroleum Exporting Countries together with its partners are about to... Čítať viac
Intercontinental lenders in Greece has a comprehensive meeting discussing debt sustainability on... Čítať viac
The Supplemental Nutritional Assistance Program or SNAP is currently in peril as Trump’s budget p... Čítať viac
Exports from Japan notably increased for five consecutive months indicating a strong offshore... Čítať viac
During the council held in early May, the staffs of Owasso City made a project proposal for a new... Čítať viac
The extension of production output cut from big oil producing countries caused the oil prices to... Čítať viac
Applications for U.S unemployment benefits had fallen circumstantially during the previous week,... Čítať viac
The Trump administration has already started the first part of its renegotiations with regards to... Čítať viac
The Malaysian economy gained momentum during the first quarter which is anticipated to be reflected... Čítať viac
The Australian currency was able to enter again the positive grounds followed by an increase in... Čítať viac
The Trump administration has recently informed its senators that it is now considering enforcing... Čítať viac
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