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... আরও পড়ুন
Yandex N.V. has completed the internal reorganization of the group. A final agreement has been... আরও পড়ুন
JPMorgan Chase investment bank warns that the end of the five-month rally in the US stock market... আরও পড়ুন
According to the UK's National Statistics Office (ONS), the country's economy contracted by 0.3% in... আরও পড়ুন
New problems of Russian oil: millions of barrels of domestic diesel are not accepted in Brazil.... আরও পড়ুন
Five German research institutes have significantly revised their forecast for German GDP growth for... আরও পড়ুন
The Central Bank of Sweden (Riksbank) decided at its meeting on Wednesday to keep the key interest... আরও পড়ুন
Oil prices declined on Wednesday after the publication of data from the American Petroleum... আরও পড়ুন
The yen's exchange rate against the US dollar has reached its lowest since 1990 amid expectations... আরও পড়ুন
Progressive taxation in Russia will reduce inequality, but will hit GDP. The effect on gross... আরও পড়ুন
This month, at least five North Korean tankers with petroleum products were spotted leaving the... আরও পড়ুন
According to the London ICE Exchange, cocoa bean prices have reached a new historical high. For the... আরও পড়ুন
The dollar began to rise again against the Turkish lira after the unexpected decision of the... আরও পড়ুন
Bitcoin has returned to the area above $71 thousand. A day earlier, investment guru Jim Roger said... আরও পড়ুন
Analysts at the Goldman Sachs Group bank predict that the American S&P 500 stock index may... আরও পড়ুন
Oil prices began to rise sharply on Monday amid heightened geopolitical tensions and worries about... আরও পড়ুন
After the withdrawal of the Binance crypto exchange from Russia in September 2023, CommEX became... আরও পড়ুন
On the evening of March 22, a terrorist attack took place in the Crocus City Hall in Krasnogorsk,... আরও পড়ুন
According to the Ministry of Internal Affairs and Communications of Japan, consumer inflation in... আরও পড়ুন
The Russian government has proposed to prioritize the transportation of fuel by rail over other... আরও পড়ুন
The Central Bank of Turkey has decided to raise the key interest rate by 500 basis points, setting... আরও পড়ুন
Following the results of today's meeting, the Bank of England left the key interest rate at 5.25%,... আরও পড়ুন
After a temporary lull, copper prices resumed their upward trend following the confirmation by the... আরও পড়ুন
The US Federal Reserve has decided not to change the interest rate, leaving it at 5.25-5.5%. This... আরও পড়ুন
The Fed kept its key rate at 5.5%. Jerome Powell said that a rate hike could stifle the country's... আরও পড়ুন
The two-day meeting of the US Federal Reserve on monetary policy ends today, and the expectation of... আরও পড়ুন
According to the UK's National Statistics Office, consumer prices rose 3.4% year-on-year in... আরও পড়ুন
Oil prices on Wednesday showed a moderate decline after yesterday's significant growth amid... আরও পড়ুন
Over the past three years, Russian business has lost almost a third of companies with foreign... আরও পড়ুন
Nvidia is once again at the forefront of technological progress by introducing a revolutionary chip... আরও পড়ুন
Cuba will make accepting Mir payment system cards a prerequisite for the operation of any... আরও পড়ুন