Board members of Colombia's central bank are expected to opt for a smaller rate cut when they meet on Friday on uncertainty around inflation, the nation's fiscal situation and policy moves by the U.S.
Storm, a co-founder of Tornado Cash, faces money laundering and sanctions violation charges in the U.S. government’s latest crackdown on crypto privacy tools.
India's benchmark indexes are poised to open higher on Friday, following gains in the previous three sessions, as expectations rise for potential positive triggers from the upcoming union budget. The GIFT Nifty futures were trading at 23,
GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on the economic indicators here.
U.S. interest rate cycles are driven largely by how restrictive or accommodative the Federal Reserve thinks monetary policy is. And right now, the picture is confusing.
The Fed policy meeting and U.S. GDP report leave rate cut expectations steady and stocks are at risk if sentiment reverts to “risk off” after macro news passes.
The Fed used to have even more books with colorful covers: the Greenbook, which looked at the current state of the economy and what could happen down the road; and the Bluebook, which looked at how various decisions on interest rates could play out.
Consumer Stress Is on the Rise Rising auto repossessions and a growing rate of minimum credit card payments offer signs consumers may be getting stretched. Those figures complicate the notion that the consumer is relatively healthy,