US Treasury Secretary Scott Bessant said that the Federal Reserve's policy is hindering economic growth by keeping interest rates at too high a level.His comment followed the publication of revised data from the Bureau of Labor Statistics (BLS), according to which job growth in 2024 was overestimated by almost 1 million. With an earlier adjustment of 577,000, the total discrepancy was about 1.5 million jobs.«These data show that the economy under Biden looked better on paper than in reality,» sa... Прочетете още
According to the German Ministry of Economics and Labor, industrial production in the country fell... Прочетете още
According to a US employment report from ADP, a record 20.236 million Americans lost their jobs in... Прочетете още
According to trading data, the main US indices are growing amid the emergence of prospects for the... Прочетете още
Ernesto Ferlenghi, president of Confindustria Russia (Association of Italian Industrialists in... Прочетете още
According to Baker Hughes, an American oil and gas service company, the number of oil and gas... Прочетете още
According to the results of the meeting on Thursday, the European Central Bank (ECB) kept the base... Прочетете още
According to the first estimate, US GDP in the first quarter of 2020 fell by 4.8%. Analysts had... Прочетете още
According to the National Statistical Institute of Spain, the country's unemployment rate rose to... Прочетете още
On Monday, the price of gold began to decline amid rising risk appetite after signs that countries... Прочетете още
The University of Michigan Consumer Sentiment Index, which reflects household confidence in the US... Прочетете още
Business activity in the eurozone in April reached another record low, which is a sign that the... Прочетете още
According to the National Statistical Office (ONS) of Great Britain, consumer prices in March rose... Прочетете още
The situation in the oil market has again become the focus of attention of traders. For the first... Прочетете още
Today China for the second time since the beginning of the year lowered lending rates to support... Прочетете още
According to the US Department of Labor, the number of American citizens applying for unemployment... Прочетете още
US President Donald Trump announced that the United States is completing funding for the World... Прочетете още
According to analysts, China's economic growth may slow to a minimum in almost half a century due... Прочетете още
Saudi Arabia again went against its colleagues under the OPEC+ agreement and seems to have decided... Прочетете още
The finance ministers of the European Union (EU) have agreed on a plan to save the bloc’s economy i... Прочетете още
According to the US Department of Labor, in the first week of April, the number of initial... Прочетете още
Eurozone finance ministers held a videoconference, during which they expected to agree on the main... Прочетете още
Industrial production in Germany in February unexpectedly showed an increase. At the same time, the... Прочетете още
According to Sentix analytics, investor sentiment in the eurozone fell to a record low in April, as... Прочетете още
Retail sales in the UK in March fell to a record low due to the fact that sales volumes declined... Прочетете още
According to official figures, the number of unemployed in Spain in March 2020 increased at a... Прочетете още
Analysts believe that the economies of Germany and Canada are the most susceptible to the shocks... Прочетете още
The price of oil in 2020 will be kept below the level of $40 per barrel. This conclusion was... Прочетете още
Oil refineries around the world have begun to suspend production or reduce refining volumes, as... Прочетете още
The coronavirus pandemic remains the main news of the day. The disease continues to spread,... Прочетете още
The mood in the German business community deteriorated significantly in March amid concerns about... Прочетете още
