Jakarta, CNBC Indonesia – The economic recession in the United States (US) is getting louder, echoed by a number of institutions. But the chief economist at investment banking firm Jefferies Group, Aneta Markowska, said the forecast was “false”. He acknowledged that the US economy is now facing a number of obstacles. But a recession will … Read more
Jakarta, CNBC Indonesia – The final reading of economic growth in the United States (US) was recorded as still experiencing contraction or negative growth, in the midst of rising inflation which led to aggressive actions from the central bank The Federal Reserve/The Fed in raising its benchmark interest rate which could cause a slowdown in … Read more
Jakarta – High inflation is threatening many countries. This condition triggers people to seek loans. As quoted from CNN, Friday (6/24/2022), in the last few weeks, the legal assistant at the Mississippi Center for Justice Indianola, Yumekia Jones received an extraordinary surge in calls, the increase reaching 400%. The high number of calls from people … Read more
US stocks fell on Monday following the S&P500’s worst week since March 2020, as investors await more corporate earnings results and a key policy decision from the Federal Reserve. The Dow Jones Industrial Average lost about 1,000 points, or 2.9%, falling for the seventh day in a row. The S&P 500 lost 3.6%. The benchmark … Read more
After catching up the day before, prices on the US stock market continued to rise on Tuesday. According to US Federal Reserve Chair Jerome Powell, investors are focused on… NEW YORK (dpa-AFX) – After catching up the day before, the prices on the US stock market continued to rise on Tuesday. According to US Federal … Read more
The Dow Jones New York Stock Exchange closed more than 500 points last night (March 5) after a volatile trade. The market was boosted by the release of stronger-than-expected strong US non-farm payrolls. Which is a sign that The US economy has recovered from the effects of COVID-19. The Dow Jones Industrial Average closed at … Read more
WTI crude oil futures jumped more than 2%, breaking through the $ 61 on the day. Responded to the forecast that Petroleum Exporting Countries (OPEC) and Allies Or OPEC Plus There will be no resolution to increase production at tomorrow’s meeting. The price of oil was also driven by US economic stimulus measures. And progress … Read more
The dollar strengthened against the major currencies today. Investors keep an eye on Federal Reserve Chairman Jerome Powell, who will deliver a half-year statement on monetary policy and the state of the economy to Congress tonight. As of 9:27 p.m. Thai time, the dollar rose 0.25% to 105.32 yen, while the euro rose 0.21% to … Read more
The Dow plunged more than 200 points before Federal Reserve Chairman Jerome Powell delivered a semi-annual statement on monetary policy and the state of the US economy to Congress today. As of 21.58 GMT, the Dow Jones Industrial Average stood at 31,260.32, negative 261.37 points or 0.83%. Powell will make a statement to the Senate … Read more
The Dow jumped more than 100 points today in response to the US Treasury Secretary Janet Yellen. Calls for a massive stimulus package to drive the recovery of the US economy. As of 10.02 hours, the Dow Jones Industrial Average was 31,603.75 points, plus 108.41 points, or 0.34%. Industry, finance and energy stocks rebounded today. … Read more