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JPMorgan CEO Jamie Dimon said that accurate economic forecasts are a challenge because key shifts are apparent only in hindsight, citing tariffs and trade uncertainty, worsening geopolitical ...
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
Interest in Pepe remains high despite the trend reversal experienced on Tuesday, which saw the meme coin test support at ...
The Pound Euro ( GBP/EUR) exchange rate wavered on Thursday as markets reacted to the UK’s latest labour market report. At ...
The Reserve Bank shocked most experts, and borrowers, by keeping interest rates on hold in July, but does it mean we might ...
U.S. retail sales rebounded more than expected in June, suggesting the economy was regaining momentum and giving the Federal ...
Money markets now suggest only about a 6% chance of a quarter-point cut on that day after the bank’s next policy meeting, ...
The Federal Reserve cut interest rates in 2024 after having raised them 11 times throughout 2022 and 2023 to combat inflation, but savings rates still haven't substantially declined.
Jamie Dimon warned that markets are underestimating inflation and the risk of more Fed rate hikes amid global trade tensions.
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