Finance & Economics - page 2

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Jerome Powell Says About Confidence in Dynamic of US Inflation

Federal Reserve Chairman Jerome Powell said last Monday, July 15, that three inflation readings in the United States for the second quarter of the current year to a certain extent contribute to strengthening confidence that the growth rate of the cost of goods and services is on a trajectory of a gradual return to the […]

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Goldman Sachs Profit Tops Expectations

Goldman Sachs on Monday, July 15, published information on its losses and profits for the second quarter of the current year.

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China’s Economy Continues to Grow

The Chinese economy in the second quarter of the current year showed growth, the pace of which was lower than the dynamic expected by experts.

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US Producer Prices Demonstrate Growth

In the United States in June, producer prices demonstrated the dynamic of growth, which turned out to be higher than preliminary forecasts regarding the rate of movement of the corresponding indicator along an upward trajectory.

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Citi Profit Grows

On Friday, July 12, Citigroup released data on its earnings for the second quarter of the current year, which testified that the profit of this financial institution has a growth rate exceeding Wall Street’s preliminary expectations for the dynamic of the corresponding indicator.

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Wells Fargo Reports Second-Quarter Profit

Wells Fargo has released information on its results of operations for the second quarter of the current year.

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JPMorgan Chase Reports Second-Quarter Revenue

JPMorgan Chase on Friday, July 12, released information about its earnings for the second quarter of the current year.

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Goldman Sachs Asset Managers Expects Slowdown in US Economy Growth

Goldman Sachs Asset Management (GSAM) executives expect the United States economic system to show slower growth rates in the second half of the current year.

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Jerome Powell Says About Threat of Long Period of High Interest Rates for Economic Growth

The Chairman of the Federal Reserve System, Jerome Powell, on Tuesday, July 9, expressed concern that keeping interest rates at a high level for too long could pose a threat to the growth of the United States economy.

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US Economy Faces Threat of Unemployment

Over the past few years, the main danger to the condition of the United States economic system has been inflation, but over time the list of unfavorable facts of reality has expanded, adding a new threat.

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China’s Premier Positively Estimates Country’s Economy

Chinese Prime Minister Li Qiang estimates the current state of affairs in the space of the economic system of this Asian country in the context of a positive perception.

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Citi Says About Need to Book Profits in High-Flying AI Equities

Strategists at Citigroup Inc. say the tendency of soaring share prices of companies operating in the artificial intelligence industry space may not be showing much signs of flagging at present, but the time has come for profit-taking in major markets.

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AI Boom Accelerates Growth in Taiwanese Exports

Last month, the volume of Taiwan’s export activity demonstrated the dynamic of growth, the pace of which turned out to be the fastest since February 2022.

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People’s Bank of China Takes More Control Over Rates

The People’s Bank of China has tightened its control over interest rates, deciding to introduce a new mechanism to influence the cost of short-term borrowing.

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Sweden’s Economy Demonstrates Slow Growth

Currently, the Swedish economic system is on an upward trajectory, but the pace of the corresponding positive process is minimal and in a negative sense does not meet the preliminary expectations of experts regarding the speed of this dynamic.

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Christine Lagarde Says EU Recovery Fund Starts to Have Growth Impact

The president of the European Central Bank, Christine Lagarde, said that the European Union’s recovery fund has demonstrated itself as one of the success stories of the bloc and is now beginning to generate results in the economy.

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