The Federal Open Market Committee (FOMC) will need to raise interest rates further this year to keep inflation below its target, three officials said on Monday. “Inflation is still far too high,” Federal Reserve Vice Chairman Barr said at a meeting at the Washington think tank Bipartisan Policy Center (BPC). “We have made a lot … Read more
With some U.S. bond yields jumping to more than a decade highs last week, investors’ focus has begun to shift to what’s next at the Federal Open Market Committee’s July meeting. Bond markets have now almost fully priced in a 0.25-point rate hike at the 25-26 FOMC meeting on the latest economic data. ‘Green light’ … Read more
U.S. bond traders are preparing for a turbulent week. The U.S. jobs report, due out Wednesday, could push 10-year Treasury yields higher toward the 4% level that market watchers expect to lure investors into the Treasury market. On June 29, the U.S. Treasury market saw an upward revision to the confirmed value of U.S. real … Read more
Original title: Just two days ago, Koreans were collectively “younger” by one or two years | Beijing Brewhouse According to The Paper citing foreign media reports, according to the bill passed by the South Korean National Assembly in 2022, starting from June 28, only one year old will be used when registering age on official … Read more
The UK Financial Conduct Authority (FCA) has added the Bitstamp bitcoin exchange to the register of registered cryptocurrency companies. Relevant Information placed on the regulator’s website. The decision took effect June 13 and reflects the firm’s compliance with anti-money laundering regulations. Data: FCA website. The list also includes the brokerage company Interactive Brokers. In 2021, … Read more
In the United States, the consumer price index (CPI) for May will be released on the 13th. The central bank’s CPI is expected to signal that underlying price pressures remain persistent, even as the Fed uses different inflation measures to target the 2% target. The core index, which excludes volatile food and energy, is expected … Read more
Justice, goddess of justice Financial investors are currently not allowed to invest in law firms in Germany, but abroad they are. (Foto: Photodisc/Getty Images) Frankfurt So far, lawyers in Germany have been something like pharmacists. Only a pharmacist can run a pharmacy, but an optician can also sell his business to an investor and be employed … Read more
An index of U.S. business activity rose unexpectedly in May to the highest level in nearly a year. Firm demand in the service sector contributed. The outlook for the future of the economy has also become brighter. S&P Global’s preliminary reading of the Composite Purchasing Managers Index (PMI) for the combined US manufacturing and service … Read more
With the S&P 500 nearing a chart milestone after a seven-month rally in U.S. stocks, some previously bearish investors are showing signs of conceding defeat. Both bullish and bearish equity hedge funds bought U.S. stocks for the second week in a row, their biggest purchase since October, according to data compiled by Goldman Sachs Group … Read more
Reuters agency it said approval of the transaction was expected to take place next week. The EC will probably issue a decision already on Monday. Microsoft made a series of concessions to get regulators to clear the deal. For example, license agreements were concluded with competitors in the field of cloud gaming – for example, … Read more