Fed's Bostic: We predict more rate hikes will be necessary
Daily NewsAtlanta Fed President Raphael Bostic said he sees little evidence that the Fed’s sharp tightening of monetary policy is slowing inflation. While Fed officials ack...
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Atlanta Fed President Raphael Bostic said he sees little evidence that the Fed’s sharp tightening of monetary policy is slowing inflation. While Fed officials ack...
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Apple is preparing to source chips for its devices from a factory under construction in Arizona in the United States, Bloomberg News reported on Tuesday. The repo...
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According to UBS, Chinese banks face $200 billion in losses in real estate crisis The UBS Group estimated in a report published today that the crisis in China’s r...
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Estée Lauder is buying Tom Ford in a deal valued at about $2.8 billion. Estée Lauder is buying Tom Ford in what executives said Tuesday would be its biggest acqui...
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President Erdoğan spoke at the media conference following the G20 Summit in Bali, the capital of Indonesia. Regarding the terrorist attack in Beyoğlu, President E...
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Following the meeting held the day before by the leaders of the world’s two largest economies, the US and China, this time, China’s Central Bank Governor Yi Gang ...
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Gold fell after US President Biden made statements limiting the risk of rising geopolitical tensions following the missiles that hit Poland. Gold fell in response...
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According to Nomura strategists, the dollar rally may be over as the slowdown in US inflation and China’s economic measures support riskier assets. Institutions s...
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Gold traded sideways as investors assessed what comments from Fed officials meant for the interest rate hike path that directly affects the price of the precious ...
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The agricultural products producer price index (Agriculture-PPI) increased by 163.3 percent annually, and 4.59 percent monthly. Turkish Statistical Institute (Tur...
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Oil prices were weighed down by concerns about tight supply on the demand side. Oil extended losses as concerns about the short-term demand outlook overshadowed s...
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The Competition Authority found the findings that Ferrero and its subsidiaries violated the Law on the Protection of Competition in the hazelnut market at the sta...
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Tesla shareholder Richard Tornetta has filed a lawsuit against Tesla CEO Elon Musk to return the $56 billion worth of stock he was given because he was a part-tim...
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The Chinese government has reportedly prepared a 16-item rescue plan to resolve the problems in the housing market, which has recently been closely followed by gl...
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G-20 leaders will meet in Bali, Indonesia on November 15-16. US President Joe Biden and Chinese President Xi Jinping are scheduled to meet before the summit begin...
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Gold gained value last week after US inflation came in below expectations, but it fell on Fed Governor Christopher Waller’s hawkish comments on interest rates. Go...
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The same week that Meta founder Mark Zuckerberg purchased the artificial intelligence-based voice recognition technology company Audio Analytic in order to incorp...
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The International Monetary Fund (IMF) said that outlook for the world economy is more pessimistic than it had forecast last month. “There are too many challenges ...
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Global Ports announced that it has signed a concession agreement for the operation of the cruise operations of the Port of Prince Rupert in Canada for a period of...
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According to Goldman economists, inflation will ease significantly in 2023 due to the decrease in supply chain problems and the slowdown in wage increases. The in...
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China has announced new guidelines that signal a relaxation of some parts of its zero-Covid policy, which has caused serious economic and social problems and isol...
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