Atlanta Fed President sends rate cut message
Daily NewsThe Atlanta Fed president said the rate cuts probably won’t happen until the summer. Atlanta Fed President Raphael Bostic, who will vote on policy decisions by th...
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The Atlanta Fed president said the rate cuts probably won’t happen until the summer. Atlanta Fed President Raphael Bostic, who will vote on policy decisions by th...
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Japanese authorities signaled intervention after the Japanese yen weakened against the dollar by breaking the critical level. The intervention signal from Japanes...
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The European Central Bank’s chief economist Philip Lane said there were risks in cutting interest rates too early or too late. The European Central Bank’s chief e...
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U.S. Treasury Secretary Janet Yellen said on Tuesday that progress was being made in the fight against inflation U.S. Treasury Secretary Janet Yellen said on Tues...
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Inflation in the US was 0.3 percent monthly and 3.1 percent annually in the first month of 2024, above estimates. Core inflation also recorded its fastest increas...
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The consumer confidence index published by the Turkish Statistical Institute (TurkStat) increased by 3.9 percent in January and reached 80.4. The Consumer Confide...
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Wells Fargo also made analyses regarding exchange rates in its 2024 international economic outlook report. The bank believes that the dollar/TL exchange rate will...
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According to Bloomberg, China is considering setting up a $278 billion stabilization fund to buy stocks. After previous attempts to restore investor confidence fe...
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Oil held on to gains after a new round of U.S. and British offensives against Iran-backed Houthi rebels in Yemen raised tensions in the Middle East and eased conc...
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The decline in the US Producer Price Index (PPI) in December was revised from 0.1 percent to 0.2 percent. The US Department of Labor published its annual update o...
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Chicago Fed President Austan Goolsbee said that the possibility of inflation remaining slightly elevated for a few more months is consistent with the expectation ...
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As demand for artificial intelligence chips continues to grow, California-based chipmaker Nvidia has surpassed Amazon and Alphabet with a market value of approxim...
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Oil prices fell for a second day after data showed U.S. crude inventories rose by the most since November, leaving indicators in a narrow range this year. Brent c...
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The cryptocurrency Bitcoin lost nearly 5 percent of its value, falling below $39,000 for the first time since December of last year. Bitcoin has fallen more than ...
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The Fed’s Vice Chairman for Supervision Michael Barr said that stronger-than-expected inflation in January suggested that the path back to 2% inflation “may be bu...
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US aerospace and defense company Lockheed Martin has forecasted that its sales will increase from $68.5 billion to $70 billion in 2024 compared to the previous ye...
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Japan unexpectedly entered recession at the end of 2023, losing its title as the world’s third-largest economy to Germany. The Japanese economy unexpectedly contr...
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Oil prices fell in a volatile session as investors weighed rising supply expectations against increased military activity in the Middle East. The United States an...
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Former US President Donald Trump has moved one step closer to becoming the Republican Party’s nominee in the November 2024 US Presidential Election, by winning ov...
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The number of people filing for first-time unemployment benefits in the U.S. fell below expectations, falling to 212,000 in the week ending February 10. The U.S. ...
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The European Bank for Reconstruction and Development (EBRD) provided a record 2.5 billion euros in financing to Turkey in 2023, with the contribution of post-eart...
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