Bank of England Raises Interest Rates: What You Need to Know
Interest Rate Hike The Bank of England has increased the Bank Rate by 0.25 percentage points, taking it to 5.25%, the highest level in 15…
Category: General
China manufacturing PMI decrease for 4th month straight in July
Chinese manufacturing activity has contracted for the fourth consecutive month in July, reflecting the ongoing struggle of one of China’s key economic sectors amidst weak…
US Economy Q2 GDP – 07/27/23
The Commerce Department’s released its latest report on the second-quarter gross domestic product (GDP) indicates a sustained strength in domestic demand. However, inflation has significantly…
Fed Press Conference – 07/26/23
In today’s press conference, Federal Reserve chair Jerome Powell talked about the Fed’s main goals: creating as many jobs as possible and keeping prices stable…
FOMC Decision – 07/26/23
The Federal Reserve increased its key interest rate by 0.25% today, moving the federal funds rate to between 5.25% and 5.5%, the highest in 22…