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 report of the National Statistical Service of the United Kingdom, the consumer... Прочетете още
National Security Adviser to the President of the United States Jake Sullivan said that in... Прочетете още
Last night, data from the American Petroleum Institute (API) was published, after which the cost of... Прочетете още
Chinese electronics manufacturer Xiaomi Corp sharply cut its fourth-quarter net profit due to... Прочетете още
The external background of Tuesday can be called ambiguous: oil and metal prices are rising, and... Прочетете още
Alibaba, the Chinese e-commerce giant, announced that the company intends to increase the size of... Прочетете още
On Monday, oil prices accelerated their growth after a decline at the end of last week and reached... Прочетете още
The German Ministry of Economy announced that Germany has agreed with Qatar on long-term supplies... Прочетете още
European refineries prefer to buy alternative Urals grades of oil due to sanctions pressure – in p... Прочетете още
Analysts note that Russian oil exports to India increased fourfold in March, which indicates a... Прочетете още
According to trading data, the shares of the Chinese Internet commerce giant Alibaba Group Holding... Прочетете още
As a result of the March meeting, the Bank of England decided to raise the base interest rate from... Прочетете още
The oil market has experienced a real shock in recent weeks: prices rose at the moment to the level... Прочетете още
According to the US Department of Commerce, retail sales in February increased by 0.3% compared to... Прочетете още
The International Energy Agency (IEA) expects an acceleration of the world's withdrawal from oil in... Прочетете още
Economist Henrik Müller said that the US dollar may lose its status as the world's main currency. ... Прочетете още
Economists say it is critical for the US Fed to raise rates and steadily tighten monetary... Прочетете още
The main US stock indexes are rising on Tuesday after the release of data on industrial inflation... Прочетете още
China is currently making great strides in implementing its central bank's national digital... Прочетете още
Oil prices continue to decline after a sharp jump to multi-year highs in the region of $130 per... Прочетете още
Japan's Minister of Economy, Trade and Industry Koichi Hagiuda said that the country is trying to... Прочетете още
India and Russia are considering the possibility of creating a mechanism for trade settlements in... Прочетете още
On Monday, the price of oil continued the decline, which began last week: the current Brent quote... Прочетете още
At the end of the week, gold shows a decline of more than 1% amid the weakening of geopolitical... Прочетете още
The heads of the EU countries instructed the European Commission to prepare conclusions on the... Прочетете още
According to the US Department of Labor, annual inflation in the country accelerated to 7.9% in... Прочетете още
At a meeting on Thursday, the Governing Council of the European Central Bank (ECB) kept the... Прочетете още
Venezuela's national energy company Petróleos de Venezuela SA (PDVSA) has announced that it intends ... Прочетете още
Bitcoin and other cryptocurrencies jumped sharply in price after details of the executive order of... Прочетете още
On Wednesday morning, oil prices accelerated their growth after the White House administration... Прочетете още
