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... Read More
Wolfe Research analysts, led by Chris Senek, expect employment growth in the coming months with... Read More
On Wednesday afternoon, oil prices moved lower after the International Energy Agency lowered its... Read More
Bank of America notes the resumption of the bearish trend for the US dollar after a sharp negative... Read More
The meeting between Putin and Trump, scheduled for Friday, will take place in Alaska. The talks... Read More
Switzerland, following the example of the European Union, has set a new price limit for Russian oil... Read More
On August 12, bitcoin dropped 0.9% to $118,264, losing some of the weekend's growth. The decrease... Read More
Consumer prices in the United States rose by 2.7% year-on-year in July, maintaining the pace of... Read More
The United States and China have agreed to extend the tariff truce for 90 days, but serious... Read More
Shipments of Russian oil by sea decreased slightly for the third week, while remaining within the... Read More
On Monday, August 11, gold prices on the Comex exchange decreased by 2.2% to $3,414.6 per troy... Read More
Shares of Canopy Growth Corp rose 19.2% on Monday amid reports that Donald Trump is considering... Read More
In Germany, there was a significant increase in the number of bankruptcy filings in July 2025.... Read More
The value of the leading cryptocurrency has come close to its historical maximum, which was... Read More
In the morning trading, the Moscow Exchange index rose above 3,000 points for the first time since... Read More
Shares of precious metals companies rose on Friday after U.S. authorities confirmed that certain... Read More
Egypt has refused to purchase more than 2 million barrels of oil, revising import plans amid a... Read More
Indian refineries began actively purchasing alternative oil after the US imposed 25% duties on... Read More
Gold prices jumped to a historic high of $ 3,534.1 per ounce after the announcement of the... Read More
Gold rose to a record $3,534 per ounce. Gold prices are rising on the news that the United States... Read More
Following the August meeting, the Bank of England lowered its key rate by 25 basis points to 4% per... Read More
The international agency S&P Global has confirmed China's long-term creditworthiness at the A+... Read More
The German Automobile Association VDA has called for the speedy implementation of the trade... Read More
The United States plans to impose duties of 100% on microchips and semiconductors. This was stated... Read More
Trump is imposing additional 25% duties on goods from India due to Russian oil. This measure was a... Read More
The German authorities intend to launch an investment fund of 100 billion euros, which will be... Read More
The EU, fearing pressure from Donald Trump, has concluded an agreement with Washington that... Read More
Imports of unrefined aluminum to the United States in June decreased by 25.6% year-on-year to 285... Read More
The British pound declined against the US dollar against the background of the general... Read More
Oil prices are rising on Wednesday morning after falling to 5-week lows the day before. The market... Read More
The European Union risks becoming energy dependent on the United States due to a new trade... Read More
