Dhe group of so-called per- and polyfluorinated chemicals, or PFAS for short, are better known as “forever chemicals”. Once they get into the environment, they stay there for a long time, sometimes forever. The EU considers these chemicals to be dangerous and wants to ban them. A corresponding regulation should be available by the end … Read more
A slowdown in the U.S. job market gives the Fed room to hold off rate hikes at this month’s Federal Open Market Committee (FOMC) meeting. The Bureau of Labor Statistics announced on the 1st that non-farm payrolls (business establishment survey, seasonally adjusted) increased by 187,000 in August from the previous month. Employment figures for June … Read more
Cleveland Federal Reserve Bank President Loretta Mester said inflation in the United States, despite recent improvements, was still too high. He also acknowledged that the labor market remains strong. The governor spoke at a conference hosted by the Cleveland Federal Reserve Bank and the European Central Bank (ECB) on the 1st. Policymakers should look to … Read more
Since September 1, VASPs registered in the UK obliged comply with the so-called “Travel Rule” from the FATF. It involves monitoring crypto transactions for AML purposes. The Travel Rule requires an institution to transfer customer information to an exchange or recipient institution when processing digital asset transactions. The data must include the name and address … Read more
The US Real Gross Domestic Product (GDP) revision for April-June (second quarter) has been revised downward from the preliminary figures. Although private consumption was revised upward, the downward revision of capital investment affected the overall figures. Key point U.S. real gross domestic product (GDP) revised at an annual rate of 2.1% quarter-on-quarter Revised downward from … Read more
If Metalist 1925 is removed from the UPL due to funding problems, then the results of the matches of the Kharkiv club in the current season of the Ukrainian championship will be cancelled. This is stated in paragraph 25 of article 9 of the regulations of the UPL. At the same time, the individual statistics … Read more
U.S. housing starts rose in July. Amid limited supply in the second-hand housing market, an increase in single-family housing starts drove overall sales. Key points Housing starts up 3.9% month-on-month at an annualized rate of 1,452,000 units The median forecast for the previous month was revised down to 1,398,000 units (preliminary estimate: 1,434,000 units) Single-family … Read more
Federal Reserve Bank of Minneapolis President Neel Kashkari said on Thursday that the U.S. was making positive moves to curb inflation, but that the pace of inflation was more than policymakers could tolerate. . “Inflation is slowing right now. But he said inflation was “still too high.” He will vote at this year’s Federal Open … Read more
In July, the US consumer price index (CPI), which excludes food and energy, rose 0.2% from the previous month. Growth remained low following June. It further bolstered hopes that the Fed will be able to calm inflation without triggering a recession. U.S. CPI core index slows for 2nd straight month, hopes for subduing inflation (3) … Read more
The July nonmanufacturing headline index released by the Institute for Supply Management (ISM) showed a slowdown in activity, partly due to slowing job growth. Key Point Nonmanufacturing Headline Index fell 1.2 points to 52.7 Median market forecast compiled by Bloomberg was 53.1 last month 53.9 Index 50 marks the line between expansion and contraction in … Read more