In July 2023, the Federal Reserve raised its target federal funds rate by 0.25%, marking the 11th increase since March 2022 and bringing the rate to a range of 5.25% to 5.50%, the highest since early 2001.
According to the Texas Service Sector Outlook Survey, growth in the Texas service sector expanded at a faster pace in July, with the revenue index reaching its highest level in…
Moody’s Investors Service said if the U.S. does not implement comprehensive digital asset regulations, companies and investors might look to other jurisdictions that have those guidelines in place. Moody’s report…
RBI likely to pause rate hikes through FY24 given the inflation trajectory, says Yes Bank Chief Economist
Borrowing costs in the U.K. have risen above the levels hit during Liz Truss’s stint as prime minister, despite stronger-than-expected job and salary reports, which had reinforced expectations that the…
RBI Gov. Shaktikanta Das said that India’s Monetary Policy Committee opted to maintain the benchmark repo rate for a second consecutive meeting, BQ Prime reported on June 8.
After the Reserve Bank of India decided to maintain its position focused on “withdrawal of accommodation” and keep policy rates constant, stocks in the banking sector remained mainly stable on…
Many nonprofits have started accepting donations in the form of cryptocurrency, including the Alzheimer’s Association, the American Cancer Society, Autism Speaks, local chapters of Boys & Girls Clubs, CARE, Make…
The T. Rowe Price Global Markets Monthly Update for March 2023 reveals that equities recorded generally positive but widely divergent returns, as turmoil in the banking sector in the U.S.…
The luxury market is set to experience contrasting dynamics in the coming months, with US consumers reducing spending on non-essential goods while China’s reopening offers a tailwind for the sector,…
The Congressional Budget Office (CBO) has warned of a significantly increased risk that the US Treasury will run out of funds in early June due to lower-than-anticipated tax receipts through…
Responses to a manufacturing outlook survey suggest that Texas manufacturing stayed flat for the month of April.
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