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
The great trade war has begun. China imposes 34% duties on all products from the United States.... Прочетете още
Europe is facing an acute energy crisis. Gas storage facilities are almost empty, and high prices... Прочетете още
Oil prices dropped sharply after Donald Trump decided to impose tough duties on products from key... Прочетете още
The introduction of trade duties by the United States could be a new blow to the global economy and... Прочетете още
Shares of European banks and retail companies came under pressure after Donald Trump announced the... Прочетете още
Trump has imposed new duties «against the whole world» – 185 countries on the list. They will start ... Прочетете още
China has restricted investments by local companies in the United States, which could give Beijing... Прочетете още
US President Donald Trump is preparing to announce the introduction of large-scale trade... Прочетете още
Washington is studying the financial implications of Greenland's possible annexation to the United... Прочетете още
Last month, OPEC countries reduced oil production by 110,000 barrels per day, bringing the total to... Прочетете още
Investments in gold assets have reached record levels since the beginning of the COVID-19 pandemic.... Прочетете още
March 2025 has kept global markets tense, with inflationary pressures in the United States and a... Прочетете още
Chinese President Xi Jinping held talks with more than 40 heads of the world's largest companies,... Прочетете още
In March, consumer prices in the eurozone increased by 2.2% compared to the same period last year,... Прочетете още
Trump has threatened to impose duties on oil if Russia does not agree to a peaceful resolution of... Прочетете още
This week, US President Donald Trump plans to impose trade duties that could affect the UK and... Прочетете още
In March, annual inflation in Germany dropped to 2.2% from February's 2.3%, according to the... Прочетете още
On Monday, the price of spot gold exceeded $3,100, reaching a new record, amid fears of escalating... Прочетете още
In the morning, the capitalization of the crypto market amounted to $2.756 trillion, having... Прочетете още
The process of returning of Western companies to the Russian market will be individual. The Russian... Прочетете още
The European automotive industry is experiencing a deep crisis caused by rising fuel prices, the... Прочетете още
Chinese Secretary General Xi Jinping has called on the heads of major companies to cooperate to... Прочетете още
The capitalization of the crypto market amounted to $2.896 trillion on Friday, having decreased by... Прочетете още
Gold has set a new historical record amid the introduction of new US tariffs, which have... Прочетете още
The second round of consultations between Russia and the United States on Ukraine may take place in... Прочетете още
European Council President Antonio Costa said that due to high energy prices and bureaucracy,... Прочетете още
OPEC+ may return to reducing oil production in June if demand in China is below forecasts. Since... Прочетете още
In the current quarter, Beijing has significantly increased the volume of debt issuance. This step... Прочетете още
US President Donald Trump has announced his intention to impose even tougher tariffs on imports... Прочетете още
Trump is imposing 25% duties on all cars assembled outside the United States. These tariffs will be... Прочетете още
