Fed Lowers Rates Again, But Inflation Concerns Linger The federal Reserve (Fed) took another step Wednesday, trimming its benchmark interest rate by a quarter-point for the third consecutive time. This brings the federal funds rate to a range of 4.25% to 4.50%, aligning with market predictions. However, this move isn’t without its critics. The decision … Read more
Gold Prices tumble After Fed’s Rate cut Announcement Table of Contents Gold Prices tumble After Fed’s Rate cut Announcement Fed Rate Cut: Inflation Concerns Persist despite action Precious Metals Take a Hit Falling Gold Prices: A Look at the Fed’s Impact Gold prices took a meaningful hit on Wednesday,December 18th,plummeting over 1% to their lowest … Read more
Dow Futures Plunge After Longest Losing Streak As 2018 Table of Contents Dow Futures Plunge After Longest Losing Streak As 2018 Market Sees Positive Momentum Despite Nvidia’s Retreat Nvidia’s Dip: A Cause for concern? Market Outlook: Navigating Uncertainty trump Re-election Euphoria Fades: Market Shifts Focus Global Market Uncertainty: Europe and Beyond China’s Record Deficit: A … Read more
European Markets Await Fed Decision Amidst German Political Upheaval European markets are poised for a mixed start on Monday, with investors keenly focused on the Federal Reserve‘s final meeting of the year and meaningful political developments in Germany. The upcoming Fed decision is expected to heavily influence global market trends, prompting close scrutiny of the … Read more
Europe Rallies as Investors Eye French Politics and US Data Flood European stock markets climbed Tuesday, buoyed by optimism surrounding US technology stocks and tentative hopes for a resolution to France’s political crisis. Traders are closely watching political developments in Paris where Finance Minister Bruno Le Maire faces a crucial vote of no confidence Wednesday. … Read more
Elon Musk supports the position that Mike Lee, a senator from Utah, put up. Again, that calls for more active control over monetary policy and central bank lending. Lee is disputing a statement made by Federal Reserve Chairman Jerome Powell recently that he will not resign. Although President Donald Trump has resigned. It is considered … Read more
US Federal Reserve Chairman Jerome Powell / AFP The Wall Street Journal said that the President American Federalist Jerome Powell is prepared to fight any efforts that may be launched by H, SD’GRIH President-elect Donald Trump to remove the head of the central bank from his career To do this, Powell will likely have to … Read more
Jakarta – Federal Reserve Chairman Jerome Powell said he would not resign even if the President of the United States (US) Donald Trump asked him to. Quoted from CNN, Powell said that the president did not have the authority to remove Powell from his position. “It is not allowed by law,” he was quoted as … Read more
Live Schedule 15:10 WIB 12:29 WIB 10:59 WIB 09:07 WIB Bisnis.comJakarta – The Rupiah Token exchange rate is against the dollar of the United States (US) in trade today, Tuesday (8/10/2024) it will change but it will close lower in the range of 15,670-Rp 15,780, as there is an increase in conflict the Middle East … Read more
Live Schedule 15:03 WIB 13:38 WIB 12:01 WIB 10:42 WIB 09:05 WIB Bisnis.comJakarta – The Rupiah Token exchange rate is against the US dollar it is expected to fluctuate but close higher in the range of IDR 15,070-IDR 15,180 in trade at the beginning of the week today, Monday (23/9/2024). At the end of trading … Read more