The current market sentiment indicates a 50% likelihood of a U.S. recession occurring by...
Bank of America Raises Forecast for Fed’s Interest-Rate Cuts in 4Q24 to 75bps
BofA Global Research is the only major brokerage firm to revise its prediction for...
Bank of England Maintains Interest Rates at 5% Amidst Mixed Economic Indicators
The Bank of England announced on Thursday its decision to keep interest rates unchanged...
US Fed Delivers 50bps Rate Cut, an Aggressive Start for First Reduction Since Covid
The Federal Reserve on Wednesday implemented its first interest rate reduction since the outbreak...
European Central Bank Cuts Interest Rates Amid Economic Slowdown
The European Central Bank took action on Thursday by implementing a 0.25% cut to...
US Inflation Misses Forecasts in August as Markets Anticipating 25bps Rate Cut
In August, the Labor Department reported that inflation in the US dropped to its...