Summers sees Fed heading to 6% and high interest rate recession affecting emerging markets

The Federal Reserve will likely have to raise rates higher than anticipated as the job market remains strong and US inflation has proved resilient, former US Treasury Secretary Larry Summers said. in an interview with Bloomberg TV on Friday. Summers was one of the first to notice for the risks of rising inflation after years … Read more

The dollar hit four-month lows after Powell signaled a slowdown in interest rates.

The dollar was the weakest in nearly four months after Federal Reserve Chairman Jerome Powell signaled a slowdown in rate hikes at a December meeting. dollar index which is an indicator of the dollar’s movement againstbase currency 6 currencies in the basket It plummeted to its lowest level in nearly four months after Federal Reserve … Read more

Bitcoin rises every day ‘Remarks on adjusting the pace of interest rate hike in December’

Bitcoin logo. Photo courtesy/AFP Bitcoin is rising every day. As of 9:37 am on the 4th, Bitcoin is trading at 22,843,000 won, up 0.23% (51,000 won). This seems to be due to the remarks of Jerome Powell, chairman of the US Federal Reserve System (Fed · Fed), ‘adjusting the pace of interest rate hikes in … Read more

The Fed will need to raise interest rates more than markets expect

Former US Treasury Secretary Lawrence Summers warned that: Federal Reserve It will likely need to raise interest rates more than the markets are currently anticipating, due to high inflationary pressures. “We have a long way to go to bring inflation down to the Fed’s target,” Summers said. “I think they’re going to need more rate … Read more

Gold Trading Reminder: Expectations of a slowdown in the pace of interest rate hikes have caused the U.S. dollar to “fall and fall”, and bullish sentiment is overwhelming. Gold prices hit a new high in nearly five months Provider FX678

Gold Trading Reminder: The expected slowdown in the pace of interest rate hikes has caused the dollar to “fall and fall”, and the bullish sentiment is overwhelming. Gold prices hit a new high in nearly five months During the Asian session on Monday (December 5), spot gold fluctuated and rose, hitting a near five-month high … Read more

The Fed will need to raise interest rates more than markets expect

Former US Treasury Secretary Lawrence Summers warned that: Federal Reserve It will likely need to raise interest rates more than the markets are currently anticipating, due to high inflationary pressures. “We have a long way to go to bring inflation down to the Fed’s target,” Summers said. “I think they’re going to need more rate … Read more

Expectations of a violent fall for gold towards the 1,500…the road is fraught with “interest” risks By Investing.com

© Reuters. Investing.com – Although gold has seen significant gains recently, the precious metal is still facing a risky year ahead, as US monetary policy is expected to remain very tight, and this is the consensus of most experts who see the metal’s path Yellow in the new year will be downward. Strategists at the … Read more

A bipartisan amendment “saves” Serie A: clubs will be able to pay taxes suspended for one year in 60 installments without interest or penalties

Il pressing it went well. There A league get a solution for not paying the taxes, all at once. The suspension of taxes, in fact, would have expired on December 22nd. And the green light to save the presidents of the top flight of Italian football gives cascading benefits to all sports associations and clubs. … Read more

Time deposits are good ─ 100,000 yuan is a regular deposit, 2 banks have 5% and 11 have at least 4.6% with a low threshold to earn $5,000 (updated on December 2) – Hong Kong Economic Times – Financial Management – Interest Earning Strategy

The bank’s high-interest time deposits are sometimes just a headline attraction, often with a lot of conditions attached, for example, the entrance fee may cost millions of dollars. Therefore, when you inquire or want to open an account formally, the funds on hand may not reach the threshold of high interest rates. if with100,000 yuanFor … Read more

Fed Director Bowman: The pace of interest rate hikes will soon slow down, and the terminal interest rate may be higher | Anue tycoon-US stocks

Federal Reserve (Fed) Governor Bowman (Michelle Bowman) said on Thursday (1st) that although policymakers may soon slow down the pace of interest rate hikes, inflation is still too high and the Fed’s policy needs to be adjusted for a period of time. In order to keep inflation sufficiently restrictive for a long time, it is … Read more