Tag: Economic growth
Keeping Interest Rates High for Prolonged Periods Could Harm Economic Growth
Jerome Powell, the chairman of the US Federal Reserve, expressed his concerns about the potential negative impact of keeping interest rates high for extended...
Bank of Korea to Maintain Rates in July, Cut 25 bps in Q4: Reuters...
The Bank of Korea (BOK) has decided to keep its policy rate at 3.50%, which is the highest in 15 years. However, a Reuters...
Federal Reserve Seeks Confidence Before Implementing Rate Cuts
The Federal Reserve recently released its Semi-Annual Monetary Policy Report, highlighting that while there has been some progress on inflation this year, they are...
Japan Stock Market Reaches Record Highs: Topix Index and Nikkei | Forexlive
Japan's Topix index reached a historic milestone on Thursday, soaring to a new all-time high of 2,890.52. This surpasses the previous record of 2,885.50...
Goldman Sachs Analysis: UK Economic Outlook Under Labour Government | Forexlive
The UK election took place on Thursday, July 4, 2024, and the Labour Party emerged victorious in a landslide victory. According to a report...
Avoiding Another Greek Crisis: Europe’s Top Priority
Another debt crisis is brewing in Europe, and this time it's Greece that is at the center of it. The country needs European creditors...
Eurozone Inflation Deceleration Stalled: Analysis and Forecast
Eurozone inflation has been holding steady, with the CPI standing at 2.5% year on year, remaining within the range of 2.4% to 2.6% for...
UK Services PMI for June Falls Below Expectations – Forexlive
The UK Services PMI for June fell below expectations, with a reading of 52.9 compared to the prior 51.2. The Manufacturing PMI came in...
Achieving Stable FX Levels in Japan: Benefits and Strategies
Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, recently emphasized the importance of achieving stable foreign exchange (FX) levels in the country. According to Hayashi, having...
Japan’s CPI Core Accelerates to 2.5% While Core-Core Slows to 2.1%
Japan's core consumer price index (CPI) excluding food prices increased by 2.5% year-on-year in May, which is slightly lower than the expected 2.6%. This...
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AI Transforming Financial Services: The Future of Banking and Investments
FintechZoom.io continues to highlight how Artificial Intelligence (AI) is reshaping financial services, from banking automation to fraud prevention and investment strategies. As financial institutions...
