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The International Monetary Fund (IMF), under the oversight of research director Pierre-Olivier Gourinchas, has revised the UK's economic growth forecast for 2024 downwards to 0.6% on Tuesday. The...
The global economy is facing a slowdown due to a series of crises including the Middle East conflict, the pandemic, Russia's war in Ukraine, high interest rates, persistent inflation, and China's...
Investing.com - The U.S. dollar edged higher Tuesday, supported by its safe-haven status as violence in the Middle East continued, but gains were limited after dovish comments from a couple of Fed...
Analysts predict the U.S. “debt spiral” may push up interest in crypto assets such as XRP to rival gold. The U.S. debt portfolio sits at an all-time high of $33 trillion, which has the...
Investing.com - The safe-haven U.S. dollar gained in early European trade Monday as the escalation of the conflict in the Middle East hit risk sentiment, following on from last week’s strong payrolls...
On Sunday, the U.S. dollar and the Japanese yen slightly increased from their positions late Friday, following violent incidents in Israel over the weekend. This rise indicates the profound impact...
Investing.com - The U.S. dollar traded higher Friday, on course for another positive week, ahead of the release of the monthly U.S. nonfarm payrolls which could influence Federal Reserve thinking. At...
San Francisco Fed President Mary Daly, known for her hawkish stance this year, suggested on Friday, October 6, 2023, that if the job market slows, inflation hovers around 4%, and financial conditions...
European Central Bank (ECB) officials have indicated that the era of monetary tightening may be coming to an end, with key figures projecting a stabilization of consumer-price gains by 2025. The...
The GBP/USD currency pair has been grappling with a variety of factors during Thursday's Asian trading session, including USD dynamics, the Federal Reserve's hawkish stance, and the Bank of England's...
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