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In July 2024, inflation in the eurozone increased slightly to 2.6%, up from 2.5% in June.
As the Jackson Hole Economic Symposium approaches, all eyes are on Fed Chair Jerome Powell’s upcoming speech.
Goldman Sachs has reduced its forecast for a US recession in the next year to 20%, down from 25%, based on recent economic data.
Americans are carrying unprecedented levels of household debt, and one of the nation’s leading banks has issued a warning about a potential decline in consumer strength.
Central banks and finance ministries within the BRICS nations are exploring the development of a new payments system aimed at bypassing the US dollar, according to recent reports.
A new report reveals that 94 U.S. banks are at high risk of facing bank runs from uninsured depositors if they show signs of financial instability.
The Federal Reserve’s balance sheet expanded by $2 billion this week, reaching a total of $7.2 trillion.