Donald Trump Accuses Fed of Creating Inflation
President of the United States Donald Trump on Wednesday, January 29, slammed Federal Reserve Chairman Jerome Powell and the US central bank for failing to stop the problem they created with inflation.
President of the United States Donald Trump on Wednesday, January 29, slammed Federal Reserve Chairman Jerome Powell and the US central bank for failing to stop the problem they created with inflation.
The Federal Reserve system on Wednesday, January 29, decided to keep its key interest rate at the same level.
On Friday, January 24, the Bank of Japan decided to raise interest rates to the highest level since the global financial crisis of 2008.
Citi predicts an increase in momentum in Asian fundraising for technology companies in the current year.
More than half of American businesses in China are currently concerned that the condition of interaction between the world’s two largest economies is nowadays on a downward trajectory.
Last Tuesday, January 21, Capital One published information on the results of its activities for the fourth quarter of 2024.
Goldman Sachs has launched an AI-powered assistant for its employees to enhance wealth management services. The firm hopes this smart tool will absorb Goldman’s corporate culture over the coming years making its assistance akin to the one provided by the company’s seasoned banker.
President of the United States Donald Trump announced last Monday, January 20, during a signing ceremony in the Oval Office that his administration would impose 25% tariffs on goods imported from Canada and Mexico from February 1.
The Bank of Japan is expected to decide on raising interest rates on Friday, January 24, if there are no global shocks on the market by then.
South Korea on Monday, January 20, pledged to set aside a record amount of financial support for exporters to mitigate any potential consequences of a likely change in United States trade policy after the inauguration of Donald Trump.
The media, citing insiders, published information according to which US President-elect Donald Trump will not unveil tariffs on goods imported from China on his first day in office.
Most Japanese companies that have operations in the United States are currently preparing for possible additional tariffs after the inauguration of US President-elect Donald Trump.
The International Labor Organization published a report this week, which contains information that the global unemployment rate last year was steady at a historic low of 5%.
Last year, China’s economic system growth exceeded preliminary expectations.
The International Monetary Fund on Friday, January 17th, published a new version of its forecast for global economic growth which has been revised upward.
Last Thursday, January 16, Bank of America published information about its earnings for the fourth quarter of 2024, which exceeded analysts’ preliminary expectations regarding the dynamic of the relevant indicators.
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