The Dow Jones New York Stock Exchange Index closed positive on Monday (Dec. 18), with the market still supported by expectations that the Federal Reserve (Fed) will begin cutting interest rates next year. While investors keep an eye on US economic data this week. Including the November Personal Consumption Expenditures (PCE) price index, which is … Read more
The Dow Jones New York Stock Exchange Index closed positive on Friday (Dec. 15), closing at a record high for the third day in a row, as investors continued to respond to the Federal Reserve’s (Fed) signal that it would start to cut back. Interest rates next year The Dow Jones Industrial Average closed at … Read more
The German Central Bank on Friday sharply lowered its growth forecasts for next year and said it would take time for Europe’s largest economy to emerge from recession. Announcement The German Central Bank expected the production rate to reach 0.4 percent in 2024, down from its last forecast of 1.2 percent in June. In 2023, … Read more
Major U.S. stock indexes were mixed on Friday (15th) after Federal Reserve (Fed) officials said it was still too early to talk about an interest rate cut in March next year, which dampened recent market optimism. before deadline,Dow Jones Industrial Averagefell nearly 60 points or nearly 0.2%,Nasdaq Composite Indexrose more than 40 points or nearly … Read more
U.S. Federal Reserve (Fed) Chairman Jerome Powell warned the market at the beginning of this month that “it is too early to speculate when the rate cut will begin.” However, at the monetary policy press conference on Thursday, he said that “the issue of interest rate cuts has begun to be discussed.” Why Ball made … Read more
Major U.S. stock indexes opened higher on Thursday (14th), a day after the U.S. Federal Reserve (Fed) signaled that it would end its recent aggressive interest rate hikes and hinted at at least three interest rate cuts next year. before deadline,Dow Jones Industrial Averagerose nearly 40 points or nearly 0.1%,Nasdaq Composite Indexrose more than 90 … Read more
The ECB also decided to keep the cost of money stable after a similar decision by the Fed yesterday evening. The rate on main refinancing remains unchanged at 4.50%, that on deposits at 4%, and that on marginal loans at 4.75%. . It is the second consecutive pause in the cycle of increases that began … Read more
The ECB also decided to keep the cost of money stable after a similar decision by the Fed yesterday evening. The rate on main refinancing remains unchanged at 4.50%, that on deposits at 4%, and that on marginal loans at 4.75%. . It is the second consecutive pause in the cycle of increases that began … Read more
U.S. Treasury bond prices have rebounded strongly since November this year, and some strategists who have accurately predicted the trend of U.S. bonds this year said the rebound may not extend into next year. Bloomberg reported on Tuesday (12th) that Praveen Korapaty, chief interest rate strategist from Goldman Sachs Group, and Joseph Brusuelas, chief economist … Read more
A former Miami-Dade County police officer who was also a business owner submitted fraudulent applications to obtain a loan from a COVID-19 relief program and will now spend time in jail after being sentenced by a Miami judge. The United States Attorney’s Office of the Southern District of Florida reported that Samuel Harris, 43, was … Read more