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Tag: interest rates
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DELINQUENT LOANS ON THE RISE AMONG U.S. BUSINESSES
The share of U.S. business loans falling behind in their payments is the highest since 2017 and could rise even higher as the impact of Donald Trump’s trade war begins to bite, the Financial Times reported.
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RUSSIA’S CENTRAL BANK HOLDS INTEREST RATE AT 21 PERCENT
The Bank of Russia kept its interest rate at a record 21 percent for a second consecutive meeting as inflation in January was estimated at 9.9 percent, up from 9.5 percent in December and more than twice the bank’s target rate.
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TRUMP FLIP FLOPS ON INTEREST RATES AGAIN
During his presidential campaign and after taking office, Donald Trump said interest rates must come down “immediately.”
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CORPORATIONS SEE LOWER PROFITS AHEAD
After an upbeat earnings season, corporations foresee a less sunny future.
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SPOTLIGHT: ECONOMIC GLOOM OR ECONOMIC BOOM?
What is totally ignored in the reports by the government and the mainstream media is that the economic downside of both developed and emerging market economies is a direct result of three years of fighting the COVID War…
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GOLD FUTURES’ PRICE SETS NEW RECORD
The April gold futures contract on the New York Mercantile Exchange set a new record of $2,853.20 during trading on 30 January and closed the day at $2,845.20.
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FED STANDS PAT ON INTEREST RATES
At its meeting last week, the U.S. Federal Reserve’s Open Market Committee decided to hold its interest rates at their current levels amid a strong economy and labor market and inflation that refuses to surrender to the bank’s 2-percent target rate.
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GERMAN, U.K. ECONOMIES SHOW NEW DANGER SIGNS
From 1 September through November, the U.K.’s jobless rate edged up from 4.3 percent to 4.4 percent, its highest since 2021, the Office of National Statistics reported.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
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