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... اقرأ أكثر
China's GDP grew by 5.4% in the fourth quarter of 2024, exceeding the projected 5% and figures from... اقرأ أكثر
Elon Musk continues to face difficulties in preparing for a mission to the moon. The seventh test... اقرأ أكثر
Saudi Arabia's Energy Minister Abdulaziz bin Salman said that oil has lost its importance as the... اقرأ أكثر
Inflation in Germany in December 2024, calculated according to EU standards, was 2.8% year-on-year,... اقرأ أكثر
Bitcoin continues to hold near the psychological mark of $100,000. Its rapid intraday growth was... اقرأ أكثر
The price of gold reached its highest level in the last month during trading in Asia on Thursday.... اقرأ أكثر
US President Biden summed up the results of his presidency. In his statement, the Democrat noted... اقرأ أكثر
December data on a slowdown in inflation in the UK led traders to predict a further reduction in... اقرأ أكثر
The German economy contracted for the second year in a row, remaining the weakest among the... اقرأ أكثر
French Prime Minister Francois Bayrou expressed his readiness to review the pension reform in order... اقرأ أكثر
The cost of oil transportation is showing a noticeable increase, which is associated with forecasts... اقرأ أكثر
Damage from fires in California continues to grow and may reach $275 billion. Damage estimates are... اقرأ أكثر
Chinese state-owned oil corporations, as well as large private refiners, are actively buying up oil... اقرأ أكثر
The yield on Japan's 40-year government bonds has reached a record high since they entered the... اقرأ أكثر
Gas prices in Europe increased by 6.5% during trading, reaching $509 per thousand cubic meters,... اقرأ أكثر
On Tuesday, the Indian rupee hit a record low, under pressure from high demand for the dollar. This... اقرأ أكثر
A campaign to impose new sanctions against Russian gas and LNG is gaining momentum in Europe. Ten... اقرأ أكثر
OpenAI management is organizing events in Washington and two key U.S. states to strengthen support... اقرأ أكثر
On Monday, the US dollar strengthened, forcing other currencies to reach multi-year lows. Its... اقرأ أكثر
Asian stock markets have fallen for the fourth consecutive session amid weakening expectations for... اقرأ أكثر
The global oil market expected an oversupply and stable prices in 2025, but new US sanctions... اقرأ أكثر
57.3% of Greenlanders support joining the United States, 37.4% are against, according to a survey... اقرأ أكثر
The British pound continues to lose ground, showing a noticeable lag behind the trajectory of UK... اقرأ أكثر
Shares of Generac Holdings Inc. rose 1.7% in the pre-trading session on Friday amid the devastating... اقرأ أكثر
Oil prices showed steady growth on Friday, with Brent quotes exceeding $79 per barrel for the first... اقرأ أكثر
The People's Bank of China announced the suspension of purchases of government bonds to limit... اقرأ أكثر
Japan is strengthening sanctions against Russia. The country has included 11 people, 51 companies... اقرأ أكثر
US President-elect Donald Trump is showing serious interest in acquiring Greenland, seeing this as... اقرأ أكثر
Norwegian oil and gas companies delivered record volumes of natural gas in 2024 and intend to... اقرأ أكثر
Denmark admits the possibility of granting Greenland independence amid pressure from Trump.... اقرأ أكثر
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