International stock markets surged to their greatest levels in more than a year and a half on Thursday, while borrowing prices and the value of the dollar fell as signs of impending rate cuts from the world’s most powerful central… Read More ›
Day: December 14, 2023
With Rate Hikes Probably Over, The US Fed Now Considers When To Make Decreases
The U.S. central bank chairman, Jerome Powell, stated that the historic tightening of monetary policy is probably done as inflation declines more quickly than anticipated and that talks about lowering borrowing costs are starting to “come into view” as the… Read More ›