Powell: There could be 1 or 2 more rate hikes
Daily NewsFed Chairman Jerome Powell said in his second day of presentation to the US Congress that 1 or 2 more interest rate hikes may be necessary this year. Powell answe...
Read MoreFed Chairman Jerome Powell said in his second day of presentation to the US Congress that 1 or 2 more interest rate hikes may be necessary this year. Powell answe...
Read MoreUS second-hand home sales increased by 0.2 percent on a monthly basis in May, exceeding expectations. The National Association of Realtors (NAR) announced the sec...
Read MoreJustice Minister Yılmaz Tunç announced that the upper limit of the rent increase rate for housing rents will be 25 percent for one year from July 2, 2023 to July ...
Read MoreCiti strategists stated in a note issued after the TCMB interest rate decision that the institution’s model portfolio was updated to long USD/TL. Citi strategists...
Read MoreThe Brazilian central bank did not change its benchmark interest rate as expected. The Brazilian central bank kept its benchmark interest rate unchanged for the s...
Read MoreAtlanta Fed President Raphael Bostic said he favors holding interest rates steady through the end of the year. Atlanta Fed President Raphael Bostic said Wednesday...
Read MoreAsian markets are mostly higher even as the Fed forecasts more rate hikes to tackle inflation. Asia-Pacific markets were broadly higher after Fed Chairman Jerome ...
Read MoreTransportation network company Uber Technologies will reportedly lay off 200 employees from its recruiting team due to cost savings. The company said in a note to...
Read MoreHaving raised its growth expectation for the global economy from 2 percent to 2.4 percent for 2023, international credit rating agency Fitch Ratings announced tha...
Read MoreThe United Nations Conference on Trade and Development (UNCTAD) stated that global trade in goods and services growth recovered in the first quarter of 2023, but ...
Read MoreIn the Netherlands, talks on an “Agricultural Agreement” between government officials and farmer representatives ended without an agreement after the country’s la...
Read MoreTesla CEO Elon Musk said he wants to invest in India “as soon as possible.” Elon Musk said Tesla is likely to make a significant investment in India after meeting...
Read MoreThe Fed’s Washington-based board of governors is focused on reducing too-high inflation so the U.S. economy can return to sustained growth, two Fed policymakers a...
Read MoreBank of Japan Governing Board Member Seiji Adachi said it was too early to phase out ultra-loose monetary policy given the high uncertainty about the price outloo...
Read MoreAsian stocks fell broadly on Wednesday as Wall Street’s rally cooled from last week. Asia-Pacific stocks fell broadly on Wednesday, mirroring the moves on Wall St...
Read MoreThe San Francisco Branch of the US Federal Reserve stated that the disruptions in the global supply chain caused by the Covid-19 outbreak have largely subsided, b...
Read Moreİş Bankası announced that it has applied to the Capital Markets Board regarding the issuance of sustainable debt instruments up to a nominal value of 3 billion Tu...
Read MoreThe US announced that they will continue to support the efforts of Turkish President Recep Tayyip Erdoğan and the United Nations (UN) regarding the extension of t...
Read MoreVenezuelan President Nicolas Maduro stated that they will join the Russian payment system Mir in order to reduce the impact of economic sanctions against his coun...
Read MoreUS-based investment fund Kohlberg Kravis Roberts (KKR) will reportedly take over up to 40 billion euros of "buy now, pay later" (BNPL) loans from online payment s...
Read MoreSASA will build the world’s largest propane dehydrogenation unit using Honeywell Oleflex technology. SASA will build the world’s largest Propane Dehydrogenation (...
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