Federal Reserve Chair Jerome Powell's Stance on Interest Rate Hikes
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Economists who attended the U.S. central bank’s summer retreat in Jackson Hole, Wyo., agree that Federal Reserve Chair Jerome Powell has set…
Scentre Reaffirms Guidance for Annual Funds and Distribution
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Scentre, the owner of nearly 40 Westfield branded shopping centers, has announced that it is maintaining its guidance for annual funds from…
Ultrasensitivity to Bond Yields: Tech and Home-building Stocks
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Tech and home-building stocks are both highly sensitive to bond yields, which is the reason for their recent decline and the possibility…
U.S. Stock Futures Show Modest Gain Amid Rising Bond Yields
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Investors are cautiously optimistic as U.S. stock futures edge higher early Thursday, following a recent decline fueled by rising bond yields. The…
The Stock Market and the Possibility of a Recession
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The stock market has been experiencing a remarkable surge, mirroring the scorching summer weather. This sudden turn of events has left investors…
UK Economy Contracts in May on Falling Industrial Output
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The United Kingdom’s economy experienced a contraction in May, primarily due to a slide in industrial output. This decline is seen as…
RBNZ Keeps Interest Rates Unchanged
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The Reserve Bank of New Zealand (RBNZ) has decided to maintain the current official cash rate at 5.5%, its highest level in…
Germany's Economic Outlook Darkens Further
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The economic outlook for Germany took a turn for the worse in July, surpassing expectations and fueling concerns for the largest economy…