IMF Chief Says About Advantage of Late Fed Rate Cuts
The head of the International Monetary Fund, Kristalina Georgieva, said that the Federal Reserve and other major central banks face great risks if they decide to ease monetary policy too early.
The head of the International Monetary Fund, Kristalina Georgieva, said that the Federal Reserve and other major central banks face great risks if they decide to ease monetary policy too early.
The e-commerce giant Amazon and one of the largest players in the global technological industry Meta have been focused over the past year on implementing measures aimed at reducing costs and reorienting their business.
For the first time since the beginning of the coronavirus pandemic, the Bank of England opened the door to cut interest rates, confirming forecasts that the inflation rate will reach the target level in the coming spring, and warning of the likelihood of renewed price pressure.
At the beginning of the current year, inflation in Germany showed a slowdown, the pace of which turned out to be more significant than initial expectations for the dynamic of the decrease in the intensity of growth in the cost of goods and services.
The Bank of England on Thursday, February 1, is likely to keep the interest rates at 5.25%, keeping this indicator within what can be described as sustainable stability.
The International Monetary Fund (IMF) has improved its forecast for global economic growth in 2024.
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Amazon.com Inc. refused to implement the deal for the acquisition of iRobot Corp.
In 2024, the profit indicator of China’s largest industrial enterprises, for which 2023 was the second consecutive year of downturn, may increase slightly against the background of improving prospects for Beijing’s export activities and the implementation of a policy of support from local authorities.
The Ministry of Finance of India believes that in the next fiscal year, the economy of this country is likely to show growth of 7%.
The Chinese Evergrande Group received a liquidation order from the Hong Kong court, which marked the beginning of a complex process to carve up one of the main casualties of the largest property crisis, which had a widespread negative impact on the state of the world’s second-largest economy.
Reliance Industries (RIL) stock, the top contributor to the Nifty 50 index, has surged over 7% in the last day and keeps growing. Hitting a record high, the most valued company in the Indian stock market has reached a market cap of INR 19,5T.
Philippine central bank Governor Eli Remolona said that an interest rate cut during the current year is possible, but noted that a similar decision by the financial regulator in the first half of 2024 is unlikely.
Texas legal representatives blocked Barclays from working on local municipal bond deals after the bank didn’t respond to requests about its carbon emission commitments.
Multifamily investment involves purchasing multifamily properties, such as condominiums and complexes, that provide several units for rent. It’s a popular real estate investing option due to the high net operating income it brings.
Peiqian Liu, Asia economist at Fidelity International, said during a media briefing on Thursday, January 25, that during 2024, China’s economic system will record a gradual improvement in the state of affairs, which will be stimulated by factors such as production and consumption.
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