Today: 5. Nov, 2024
Amidst the chatter of a potential soft landing for the global economy, experts are sounding the alarm about looming threats that could potentially destabilize the world stage. While there’s been some initial optimism fueled by declining interest rates and soaring asset prices,…
Jerome Powell, the Chair of the Federal Reserve, recently addressed the speculation surrounding an imminent interest-rate cut in March, urging for patience and emphasizing the need for more data to substantiate any decisions regarding inflation trends. Powell’s efforts to disseminate this message…
Asian markets displayed mixed performance on Thursday, reflecting growing apprehension among investors regarding the likelihood of an immediate interest rate cut in the United States. Japan’s benchmark Nikkei managed to edge up by 0.5% during morning trading, reaching a level of 35,637.01.…
As markets across the globe opened on Monday, a sense of caution prevailed among investors, leading to a general decline in global shares. With keen eyes on impending consumer spending and inflation data updates in the U.S. and other major economies, the…
Prominent economist, Jim O’Neill, believes that central banks should sustain interest rates close to 5% in major economies for a more extended period, even if inflation starts to decline. Many anticipate the U.S. Federal Reserve to hike interest rates by 25 basis…
Kokou Agbo-Bloua, a prominent economist at Societe Generale, asserts that central banks have reached a critical juncture in their battle against inflation. While the headline inflation figure is slowly approaching the Federal Reserve’s target of 2%, persistently high core prices, excluding volatile…
The global economy is standing at a critical juncture, grappling with a combination of high inflation and financial fault lines that could have long-lasting repercussions on prosperity worldwide. As supply chains stabilize and central banks embark on monetary policy tightening, there is…
