Economy News

Global economy, politics, stock markets, gold, oil and more.

Wall Street Awaits Fed’s Decision on Interest Rate Cut

Many analysts on Wall Street are predicting that the Federal Reserve might implement its first interest rate cut in September, based on the CME FedWatch tool.

11.08.2024 8:30 1 min. read Alexander Stefanov

USA is Dodging Bullets With the Recession, but for How Long?

Concerns about a potential US recession have intensified following a global stock market drop and a weaker-than-expected jobs report.

09.08.2024 9:00 2 min. read Alexander Stefanov

U.S. Recession Risk at 35% Despite Market Volatility, Says JPMorgan CEO

JPMorgan Chase CEO Jamie Dimon recently commented on the US economy, saying that it has “not entered a recession at all” despite the market volatility seen this week.

08.08.2024 15:10 2 min. read Alexander Stefanov

Bank of Japan Sticks to Easing Policy Despite Global Economic Challenges

The Bank of Japan (BoJ) has decided to keep its monetary policy unchanged, avoiding both rate hikes and cuts.

08.08.2024 10:00 1 min. read Alexander Stefanov

Will the Bank of Japan Raise Interest Rates Amid Market Turmoil?

The Bank of Japan (BOJ) has opted to keep interest rates unchanged due to ongoing global market volatility, according to Deputy Governor Shinichi Uchida.

07.08.2024 16:00 1 min. read Alexander Stefanov

Top Economist Analyzes Japanese Market Crash and Its Impact on Bitcoin

Nassim Taleb, renowned risk analyst and author of “The Black Swan”, has provided insights into the recent Japanese market crash and its effects on Bitcoin.

07.08.2024 9:30 2 min. read Alexander Stefanov

Japan’s Stock Market Started to Recover After Yesterday’s Crash

Japan’s key Nikkei 225 index rallied more than 10 percent early Tuesday, after its biggest drop in 37 years the previous day.

06.08.2024 12:45 2 min. read Kosta Gushterov