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
US President Donald Trump has announced that he intends to create a strategic crypto reserve for... Прочетете още
Brandon Gill, a Republican from Texas, intends to submit to Congress a bill envisaging the issuance... Прочетете още
The ECB is nearing the end of its interest rate reduction cycle, which is causing increased... Прочетете още
According to Eurostat, in February, the inflation rate in the eurozone countries decreased to 2.4%,... Прочетете още
The bitcoin exchange rate went up sharply after Trump's words about the creation of the US crypto... Прочетете още
Tesla shares have fallen 40% since the end of 2024, accelerating the decline following news of a... Прочетете още
On Friday, gold prices showed a decline, preparing for the largest weekly drop since November, due... Прочетете още
Since the beginning of the year, the Russian ruble has strengthened by 15% against the dollar,... Прочетете още
According to the Binance crypto exchange, the BTC/USD exchange rate on the night of February 28... Прочетете още
A new meeting of US and Russian diplomats will take place in the near future. This was agreed by... Прочетете още
According to the second interim estimate by the US Department of Commerce, the US economy grew by... Прочетете още
The EU, reacting to the statements of US President Donald Trump, called on Washington to open a... Прочетете още
The financial leaders of the BRICS countries have outlined cooperation priorities for the current... Прочетете още
The Chinese authorities plan to allocate over $55 billion to support a number of the country's... Прочетете още
Emmanuel Macron's trip to the United States was called a «waste of time.» The fact is that Trump d... Прочетете още
Tesla shares fell by more than 9% after sales in the European Union and the United Kingdom fell by... Прочетете още
In Germany, a record increase in electricity prices was recorded in February, due to a reduction in... Прочетете още
European stock indexes are showing steady growth on Wednesday, due to the favorable reaction of... Прочетете още
In 2024, as before in 2023, the Bundesbank's monetary policy continued to have an impact on the... Прочетете още
Global debt increased by $7 trillion in 2024, reaching a record $318 trillion, according to data... Прочетете още
Russia ranks 4th in the world in terms of reserves of rare earth metals. The proven reserves of REM... Прочетете още
The US Federal Reserve plans to increase the volume of purchases of short-term bonds so that the... Прочетете още
British Prime Minister Keir Starmer intends to redistribute public funds by reducing international... Прочетете още
In the fourth quarter of 2024, Germany's GDP decreased by 0.2% compared to the previous three... Прочетете още
The EU is expanding the list of American goods that may be subject to retaliatory duties if the... Прочетете още
Putin held a meeting on the development of the rare earth metals industry. The Russian president... Прочетете още
On Monday, shares of Asian companies engaged in the production of diagnostic kits and vaccines... Прочетете още
The EU could face losses of 28 billion euros as a result of the imposition of import duties on... Прочетете още
European stock indexes are showing mostly negative dynamics against the background of the early... Прочетете още
The capitalization of the cryptocurrency market today amounted to $3.269 trillion, having decreased... Прочетете още
