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Tag: Financial Markets

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Federal Reserve Signals Pause in Interest Rate Hikes, Citing Economic Assessment and Banking Sector Concerns

In a recent speech, Federal Reserve Chair Jerome Powell indicated that the central bank is likely to forgo an increase in its benchmark interest...

Federal Reserve Raises Interest Rates to 16-Year High Amidst Inflation Concerns

The Federal Reserve has announced its decision to raise its key federal funds rate to over 5%, marking a 16-year high, as part of...

Impending U.S. Government Default Raises Concerns for Average Americans

As the U.S. government approaches a critical deadline that could lead to defaulting on its financial obligations, discussions and negotiations among President Joe Biden...

Chinese Bond Funds Implement Restrictions Amid Declining Yields and Economic Concerns

In recent weeks, several Chinese bond funds have implemented measures to restrict or reduce the number of new public subscriptions they accept. This move...

US debt ceiling talks continue amid risk of global financial chaos

US President Joe Biden and Republican leaders have expressed cautious optimism that a deal to raise the US debt ceiling is within reach, following...

Biden and McCarthy Work Toward Agreement to Avoid U.S. Debt Default

In an effort to prevent a potential economic crisis, Democratic President Joe Biden and Republican leader Kevin McCarthy moved closer to reaching a deal...

China’s Use of Yuan to Insulate Against Sanctions and Boost Influence

China has been actively seeking to reduce its reliance on the US dollar for over a decade, driven by concerns about risks stemming from...

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