In a significant move reflecting Turkey’s progressive stance on cryptocurrencies, President Recep Tayyip Erdogan has appointed Professor Fatma Ozkul to the central bank’s Monetary Policy Committee. This presidential decree, issued on Saturday, marks a pivotal moment in the nation’s financial strategy. Expertise at the Helm Professor Ozkul, an esteemed academic hailing from Istanbul’s Marmara University, […]
Markets’ economic growth is good because it means higher profits, rather than growth is bad. After all, it means higher inflation, reports WSJ Print Edition. Unfortunately for investors hoping that they can return to business as usual, there are plenty of reasons to think this might not last. Before getting into them, look more closely […]
Investors are eager to parse the Federal Reserve’s statements at Wednesday’s meeting for hints at the future path of policy—the Fed is broadly expected to raise interest rates by a quarter percentage point. Tuesday morning data showing that wage gains are cooling buoyed hopes that waning inflation could prompt officials to pause rate increases in […]
Federal Reserve Chairman Jerome Powell signaled the central bank was likely to raise interest rates by a half percentage point at its meeting next month and indicated similar rate rises could be warranted after that to lower inflation. A rate increase in May, following the Fed’s decision to lift rates from near zero by a […]
First American News – Raleigh, NC Factors affecting cars, rent, energy, and other categories play roles in determining if a drop will occur To figure out where inflation is headed, don’t look at the overall economy, look under the hood Inflation surged from 2.5% in January 2021 to 7.5% in January 2022 and could edge […]
First American News LLC-Raleigh, NC: All three major stock indexes fell at least 1% after the White House called Russia’s deployment of troops into two breakaway areas of Ukraine “the beginning of an invasion.” Tensions escalated Monday after Russia moved soldiers into Ukraine’s eastern Donbas region, where Russian President Vladimir Putin has recognized two statelets […]
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