[ad_1] Compared to the RBA’s latest economic forecasts, Betashares chief economist, David Bassanese predicts the coming year will see stronger economic growth, lower inflation, and a “modest lift” in the…
Tag: Federal Reserve
$100 Billion Bitcoin And Crypto ETF Price Crash Suddenly Accelerates After Serious Fed Warning—Hitting Ethereum, XRP And Solana
[ad_1] BitcoinBTC and cryptocurrencies—including top ten coins ethereum, XRPXRP and solana—have fallen sharply despite a huge $10 trillion bitcoin price bet. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and…
Sweden Defies Forecasts With Biggest GDP Gain in Four Months
[ad_1] Sweden’s economy unexpectedly expanded in January, with gains in exports and household spending contrasting earlier evidence that the largest Nordic economy had likely entered a recession. Indicator data for…
Next Bumps Profit Outlook … Again: The London Rush
[ad_1] Hi, I’m Leo from Bloomberg’s UK Breaking News team, catching you up on this morning’s business stories. It’s becoming a familiar phrase: Next increased its profit forecast for the…
Most Asian equities, currencies edge higher on rising US rate cut bets
[ad_1] MOST Asian currencies and equities strengthened on Tuesday, with the Malaysian ringgit hovering at more than a four-month high, as cooling U.S. inflation bolstered bets the Federal Reserve would…
Gold holds steady, set for best performance in three years- Republic World
[ad_1] Gold jewellery | Image:Pixabay As the final week of the year brings muted trading activity, gold prices steadied on Wednesday, maintaining their position near two-week high hit on Friday.…
Inflation finally dips below 3 percent as U.S. economy nears ‘soft landing’
[ad_1] A key annual inflation metric fell below 3 percent in November, the latest sign that the U.S. is coming in for a rare soft landing from high price growth…
US Federal Reserve holds rates steady and paves way for cuts in 2024
[ad_1] The US Federal Reserve bank held interest rates steady on Wednesday night and paved the way for potential cuts in 2024. ADVERTISEMENT The Fed decided to keep interest rates…
Markets wrap: European stocks higher ahead of Fed rate decision
[ad_1] European stocks and the FTSE 100 were all trading higher on Wednesday morning ahead of the US Federal Reserve rate decision. ADVERTISEMENT France’s CAC 40 rose slightly in early…