Global rate cutting cycle accelerates: Reuters
[ad_1] Interest rate cuts are in full swing as major central banks around the world take action. The European Central bank recently lowered its rates for the second time this…
Continue readingMcDonald’s $5 Value Meal Offer Extended Through December
[ad_1] McDonald’s is extending its $5 value meal into December in most U.S. markets to appeal to lower-income consumers. Around 80% of local markets have chosen to continue offering the…
Continue readingEU economy thrives despite earlier predictions, now navigating trade with China: EU’s Gentiloni
[ad_1] The European Union has navigated through economic challenges in recent years, including Russia’s war in Ukraine and trade tensions with China, according to outgoing European Commissioner for Economy Paolo…
Continue readingBOJ policymaker advocates for interest rates to increase to 1% or higher
[ad_1] The Bank of Japan is being urged to raise Interest rates to at least 1% in the second half of the next fiscal year, according to Naoki Tamura, a…
Continue readingAnticipated Growth Post-2024 Election
[ad_1] As the presidential nominees Vice President Kamala Harris and former President Donald Trump gear up for their first debate Tuesday night, viewers will be eager to hear their plans…
Continue readingUS Household Rent Burden Unchanged in 2020, but Significant Disparities by Race, According to Census Data
[ad_1] The median housing costs for renters and homeowners in the U.S. increased last year, with over 21 million renter households spending more than 30% of their income on housing…
Continue readingDollar strengthens on muted inflation data, dampening expectations for significant Fed rate cut
[ad_1] The dollar was trading near a four-week high against the euro on Thursday, supported by signs of resilient U.S. Inflation that reinforced expectations of a smaller interest rate cut…
Continue readingJamie Dimon Warns About Potential Stagflation Scenario amid Economic Uncertainty
[ad_1] Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co. (JPM), expressed concerns about the possibility of stagflation, despite recent signs of Inflation easing. Speaking at a conference in…
Continue readingKey Inflation Reports to Influence Fed’s Rate Cut Decision
[ad_1] The Federal Reserve will receive its final Inflation data this week before deciding on a potential interest rate cut. The Labor Department will release the consumer price index and…
Continue readingFed likely to cut interest rates by 0.25% next week, analysts predict
[ad_1] U.S. central bankers are poised to begin long-awaited interest rate cuts next week, most likely starting with a quarter-of-a-percentage-point reduction. This move aims to lower the possibility of a…
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