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The largest local financial institutions in the United Kingdom have started to cut costs.
In July, a cooling was recorded in the United States labor market, which turned out to be more widespread than preliminary forecasts regarding the most likely dynamic of the state of affairs in the relevant space.
The Federal Reserve decided to keep interest rates at the same level on Wednesday, July 31, but at the same time opened the way for lowering the cost of borrowing at a meeting to be held in September.
Federal Reserve officials are expected to move closer this week to cutting interest rates from the current levels, which are the highest in about 20 years, but at the same time will not make any specific decisions about lowering the cost of borrowing and will only signal a possible easing of monetary policy in September.
In China, the local leadership has promised to pay high-level attention to stimulating consumer spending.
In the second quarter of the current year, the eurozone economic system was on a growth trajectory and demonstrated such positive dynamic rates that exceeded the initial expectations of experts regarding the intensity of the rising of the corresponding indicator.
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This week, the flow of statistical information on the current state of affairs in the eurozone economic system space will provide the European Central Bank with more signals and form by this institution a more accurate understanding of how appropriate it is to decide to continue taking actions within the framework of the monetary policy […]
The media reports that currently, the dominant point of view among experts is that shortly the Bank of England is highly likely to warn investors that they should not bet on launching the process of consistently cutting interest rates if its policymakers decide this week on a sharp lowering of the cost of borrowing.
Bank of America Corp.’s strategist Michael Hartnett says that the further cooling of the economic system of the United States may be the reason for the continuation of the downturn in the growth of shares of US technology companies.
Currently, there is a kind of political and economic tendency throughout China, which consists in the fact that the municipal authorities of the Asian country are making efforts to retain overseas businesses and increase the trust of local companies, and in this context, the indicative is the example of the leadership of Henan Province, which […]
Addis Ababa, 14th August 2024 – The International Center for Strategic Alliances proudly presents the Upcoming 15th Edition Connected Banking Summit – Innovation and Excellence Awards 2024; Ethiopia. Taking place at the Ethiopian Skylight Hotel in Addis Ababa, this pivotal event gathers esteemed global executives, experts, and leaders to discuss the future of the banking […]
In the space of China’s economic system, which is currently the second largest in the world, an unexpected decision by the financial authorities was recorded in the form of lowering borrowing costs.
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