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... Прочетете още
Trump announced the introduction of tariffs on imports of semiconductor chips, noting that... Прочетете още
The new German government, despite a massive economic stimulus plan, is unlikely to achieve... Прочетете още
During trading on Friday, the price of gold reached a new all-time high, exceeding the mark of... Прочетете още
China has announced an increase in duties on American goods to 125% in response to Washington's... Прочетете още
The UK economy grew by 0.5% in February, recovering from a 0.1% decline in January. The growth... Прочетете още
Inflation in the United States slowed more than expected: in March, the consumer price index fell... Прочетете още
The dollar showed an accelerated decline against the euro and the yen, losing about 2% on Thursday... Прочетете още
The escalation of the trade war between China and the United States has jeopardized further... Прочетете още
The EU has decided to postpone the introduction of retaliatory duties against the United States for... Прочетете още
The cryptocurrency market has grown sharply after the decision of US President Donald Trump to... Прочетете още
Russia is studying the conditions for the return of foreign companies. According to information... Прочетете още
The eurozone economy is at risk of recession amid increasing trade tensions and weakening growth... Прочетете още
On Wednesday, oil prices continued to decline rapidly, which is facilitated by the growing trade... Прочетете още
Donald Trump said that Taiwan Semiconductor Manufacturing Company (TSMC), which had previously... Прочетете още
US President Donald Trump has imposed a new package of duties on imports of goods from dozens of... Прочетете още
The trade war between the United States and China is escalating – Trump has imposed duties of 104% a... Прочетете още
Ripple has announced the acquisition of multi-asset prime broker Hidden Road for $1.25 billion.... Прочетете още
The European Commission has responded to Donald Trump's calls for the European Union to actively... Прочетете още
The European Court of Auditors has made a proposal to review the financing mechanism for... Прочетете още
Stagflation looks like the most favorable option for the US economy, as the tariffs imposed by... Прочетете още
The BRICS and SCO markets may merge in the future. The SCO secretariat informs that such a decision... Прочетете още
The technology sector continued to fall for the third session in a row, reflecting last week when... Прочетете още
European stock markets started the week with a sharp drop, and the most significant decline was... Прочетете още
On Monday, the price of gold dropped to its lowest level in the last three weeks in Asian trading.... Прочетете още
On Monday, the price of bitcoin showed a significant decline and for the first time since November... Прочетете още
Some countries are trying to find ways to quickly eliminate US duties. Over the weekend, Vietnam... Прочетете още
In March, the US economy created 228,000 jobs in the non-agricultural sector, exceeding the... Прочетете още
The European currency strengthened its position after Donald Trump's statements about the revision... Прочетете още
With the growing threat of stagflation, analysts have studied how markets are responding to a... Прочетете още
The Chinese authorities have decided to impose additional duties of 34% on goods from the United... Прочетете още
