07.12.2023 16:46 | Monitoring Investment banks, asset managers and equity analysts around the world are divided on how the US economy will fare in 2024. Some say the US economy will grow at a pace similar to last year despite the challenges; others are convinced that the US economy will enter a long-heralded recession and … Read more
According to economic experts, Czechs will be better off next year. Thanks to lower inflation, real wages should start to rise again. The standard of living should also rise with them. The average gross wage in the third quarter of this year rose to 42,658 crowns per month, but inflation, i.e. the rise in prices, … Read more
The U.S. dollar index hits a recent low, will the U.S. dollar continue to depreciate? Legal persons are optimistic that the December Fed decision is the key to the battle between bulls and bears. (Picture taken from juheng.com) [Reporter Zhang Huiwen/Taipei Report]According to the Beige Book released by the Federal Reserve, the economy has slowed … Read more
Interest rates for savers remain high, both for fixed-term deposits and for overnight money. We show where you can currently get the best conditions for your money. The most important things at a glance The positive real interest rates are back: For the first time in years, savers can compensate for the loss in value … Read more
[AMNA] The European Union-harmonized inflation rate in Greece fell to 3% in November, according to Eurostat’s preliminary data, after the jump of 3.8% it had made in October. In the eurozone, inflation continued to slow closer to the ECB’s 2% target, at a faster pace than expected. Inflation in the bloc hit a two-year low … Read more
The major U.S. stock indexes fluctuated flat on Tuesday (28th), in sharp contrast to previous gains, as investors remained cautious ahead of a speech by Federal Reserve (Fed) officials, waiting for officials to speak and looking for clues about the direction of monetary policy. . before deadline,Dow Jones Industrial Averagefell nearly 0.01%,Nasdaq Composite Indexfell nearly … Read more
Amid high interest rates and high inflation, American consumers continue to spend. Consumer spending accounts for about 70% of U.S. GDP. The consumption boom during the COVID-19 epidemic has allowed the U.S. economy to maintain surprisingly strong growth momentum. According to preliminary estimates, U.S. real GDP grew by nearly 5% in the third quarter, the … Read more
After the U.S. reported a larger-than-expected decline in initial jobless claims last week,dollar indexIt rose on Wednesday (22nd), continuing the trend of the previous day and rebounding from a two-and-a-half-month low. In late New York trading, ICE tracks the dollar against six major currencies. dollar index (DXY) rose 0.32% to 103.89. The U.S. Department of … Read more
The European Central Bank (ECB) believes that the European financial markets are in a fragile state due to the rapidly rising interest rates. “The weak economic outlook and the consequences of high inflation are weighing on the ability of people, companies and governments to service their debts,” ECB Vice President Luis de Guindos said on … Read more
European Central Bank European Central Bank monetary policy member Pablo de Cos said on Monday that the European Central Bank is not expected to return for any guidance on monetary policy. De Cos added that it is too early to start talking about the ECB cutting interest rates. It should be noted that European Central … Read more