Atlanta Fed President calls for caution
Daily NewsAtlanta Fed President Raphael Bostic urged the U.S. central bank to be cautious about overtightening monetary policy as inflation continues to ease. “We’ve made s...
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Atlanta Fed President Raphael Bostic urged the U.S. central bank to be cautious about overtightening monetary policy as inflation continues to ease. “We’ve made s...
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Oil rebounded after an industry forecast pointed to a big drop in U.S. inventories, adding to signs of tightening markets. U.S. crude rebounded from a 0.5 percent...
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South Korea's inflation rate hits 2.3% in July South Korea's consumer price index rose 2.3% year-on-year in July, the weakest growth rate since June 2021 and belo...
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Asia-Pacific stocks fell after Fitch downgraded the U.S. credit rating. Asia-Pacific stocks fell on Wednesday after ratings agency Fitch downgraded the U.S. credi...
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International credit rating agency Fitch Ratings has downgraded the US’s long-term credit rating from “AAA” to “AA+”, while changing the outlook to stable from ne...
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China’s National Development and Reform Commission (NDRC) has announced a 20-item package to boost domestic consumption. The package will encourage consumption of...
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The Capital Markets Board (CMB) decided to impose a temporary trading ban on 9 individuals for 6 months. The Capital Markets Board (CMB) decided to impose a tempo...
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According to economists, the recent data releases and weakening leading sector indicators in the UK have increased concerns that the country's economy will enter ...
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Koç Holding's second quarter net profit was realized as TL 20.60 billion, above expectations of TL 18.24 billion. Koç Holding's net profit in the second quarter o...
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Contrary to market expectations of a final rate hike, the Reserve Bank of Australia left interest rates unchanged at 4.10 percent. The Reserve Bank of Australia (...
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Chicago Fed President Austan Goolsbee said a September rate hike is uncertain and nothing is off the table. The Fed has not decided whether to raise or hold rates...
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Oil steadies after biggest monthly gain since early 2022 Oil steadies after biggest monthly gain since early 2022, as signs of a tighter global crude market offse...
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Japan's unemployment rate fell to 2.5 percent in June Japan's seasonally adjusted unemployment rate fell slightly to 2.5 percent in June from 2.6 percent a month ...
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The Caixin/S&P Global Manufacturing Purchasing Managers Survey came in at 49.2 in July, showing China’s manufacturing activity entered contraction territory for t...
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Asian stocks were mixed on Tuesday as a Caixin special survey compiled by S&P Global showed China’s factory activity fell into contraction territory for the first...
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Treasury and Finance Minister Mehmet Şimşek discussed the sector’s problems and the latest developments in the economy with representatives of the real sector. Mi...
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US retail giant Walmart is shelling out $1.4 billion to compete with Amazon. Walmart is paying $1.4 billion for a 4 percent stake in Indian e-commerce company Fli...
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The U.S. Treasury Department has raised its borrowing estimate for the third quarter of this year to $1.07 trillion. The U.S. Treasury Department announced its bo...
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Fed member Neel Kashkari indicated that although he expects a slight increase in unemployment, they can achieve a soft landing. Fed member Neel Kashkari stated th...
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ECB President Christine Lagarde said the latest data on economic growth in France, Germany and Spain was “very encouraging.” European Central Bank President Chris...
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Oil headed for its biggest monthly gain in more than a year on forecasts of record crude demand as OPEC+ cuts output and signs the market is tightening. U.S. crud...
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