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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.
Concerns about a potential US recession have intensified following a global stock market drop and a weaker-than-expected jobs report.
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.
The Bank of Japan (BoJ) has decided to keep its monetary policy unchanged, avoiding both rate hikes and cuts.
The Bank of Japan (BOJ) has opted to keep interest rates unchanged due to ongoing global market volatility, according to Deputy Governor Shinichi Uchida.
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.
Japan’s key Nikkei 225 index rallied more than 10 percent early Tuesday, after its biggest drop in 37 years the previous day.