Federal Reserve Holds Rates Steady, Signals Only One Rate Cut in 2024 Amid Slower Inflation Decline
1. Interest Rate Decision: - The Federal Reserve has decided to hold interest rates steady at the 5.25%-5.50% range for...
1. Interest Rate Decision: - The Federal Reserve has decided to hold interest rates steady at the 5.25%-5.50% range for...
May U.S. Inflation Data:- CPI: 3.3% YoY (Estimate: 3.4%)- CPI: 0.0% MoM (Estimate: 0.1%)- Core CPI: 3.4% YoY (Estimate: 3.5%)-...
Here are the reactions from major firms following Apple's WWDC 2024 event:- Wells Fargo: Believes that Apple Intelligence could stimulate...
The Reserve Bank of India (RBI) has kept interest rates unchanged:- Actual: 6.50%- Expected: 6.50%- Previous: 6.50%In addition, the RBI...
In May, India's services sector witnessed a slowdown in growth to a five-month low due to a weakening in robust...
Federal Reserve Chair Jerome Powell anticipates a continued decline in U.S. inflation through 2024, resembling the trend observed last year....
Photo by Karolina Grabowska The United States is increasing tariffs on imports from China worth $18 billion, focusing on key...
Fitch Ratings emphasizes that Indian banks' risk appetite, demonstrated through increased loan growth, remains a crucial factor affecting their creditworthiness....
Image by Tumisu from Pixabay In April, Turkey's annual inflation rate surged to 69.8%, as per official data released on Friday. This marks...
The Federal Reserve has decided not to reduce interest rates, maintaining them at the current level of 5.50%, consistent with...
In the first quarter, the United States' GDP growth rate was 1.6%, below the anticipated 2.5% and lower than the...
Mark Zuckerberg, the Chair & CEO, sold over $300 million in $META shares in the past week, bringing his total...