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 US dollar is noticeably strengthening against the euro, the pound sterling and the yen on... Прочетете още
The United States may withdraw from the negotiations if Russia and Ukraine do not make significant... Прочетете още
At a briefing at the White House, US Treasury Secretary Scott Pool and Press Secretary Carolyn... Прочетете още
China intends to consistently support the development and work of the BRICS New Development Bank... Прочетете още
The German stock market showed growth on Tuesday on the back of data on the consumer confidence... Прочетете още
In April, global funds invested about $680 million in Indian stocks, which indicates a steady... Прочетете още
The tariffs imposed by Trump have become a kind of «gift» for Xi Jinping. These duties have u... Прочетете още
Bitcoin showed solid growth last week, increasing by more than 11% after reaching its lowest levels... Прочетете още
The representative of the European Central Bank, Olli Rehn, admitted the possibility of lowering... Прочетете още
US President Donald Trump said that his trade tariffs could reduce income taxes for citizens with... Прочетете още
Europe is still dependent on Russian gas, acknowledged European Commissioner for Energy Dan... Прочетете още
Zelensky is ready to abandon the demands to return Crimea. This was stated by Donald Trump.... Прочетете още
The US Federal Reserve has announced the lifting of a number of restrictions regarding the... Прочетете още
Robert Holzman, a member of the ECB's governing council, believes that aggressive US tariff... Прочетете още
On Friday, gold is getting cheaper amid news about trade relations between the United States and... Прочетете още
The real risk of nuclear war: India and Pakistan on the verge of collision. India has found... Прочетете още
June Brent futures rose to $66.88 per barrel, while WTI rose to $62.97 per barrel. Earlier, oil... Прочетете още
The German government has revised its economic forecast for 2025, expecting stagnation instead of... Прочетете още
In April, gas injection into Europe's underground storage facilities reached its highest level in... Прочетете още
China and the United States did not negotiate on duties, Chinese Foreign Ministry spokesman Guo... Прочетете още
The peace talks in London were unsuccessful and ended only with an agreement to meet again to... Прочетете още
European stock indexes are showing growth due to published data on the state of the trade balance... Прочетете още
The yield on US government treasury bonds fell amid optimism caused by the latest statements by... Прочетете още
U.S. Treasury Secretary Scott Bessant said at a closed-door meeting with investors that the tariff... Прочетете още
Last year, most EU countries increased their public debt faster than their economies grew, and in... Прочетете още
Russia's budget deficit may be three times higher than expected. Experts interviewed on this issue... Прочетете още
The International Monetary Fund has revised down its expectations for global economic growth in... Прочетете още
Over the past day, the cost of bitcoin has increased by more than 3%, exceeding the $90,000 mark... Прочетете още
The American authorities have decided to impose record high duties on imports of solar panels from... Прочетете още
The European Central Bank (ECB) is concerned about the large-scale support for the cryptocurrency... Прочетете още
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