stories on Nostr: Follow the stories: ...
Follow the stories:
quoting note1w9c…86zqUS Federal Reserve Chair Jerome Powell Expresses Confidence in the Economy, Dismisses Stagflation Concerns
===============
#2140b79c ver:1.11
US Federal Reserve Chair Jerome Powell expresses confidence in the economy, dismisses stagflation concerns. Fed keeps interest rates steady at 5.25-5.5% range, citing stubborn inflation. Powell expects inflation to decrease over the year. Decision reflects shift from previous projection of 3 rate cuts to just 1 in November. US economy remains strong, unemployment below 4%, consumer spending robust. Inflation at 3.5%. Bank of England expected to keep rates unchanged. Fed's decision impacts voter decisions in upcoming elections. Real estate and mortgage industry reacts mixed. #FederalReserve #economy #inflation...
#newstr #UsFederalReserve #InterestRates #Inflation #EconomicGrowth #RateCuts #TreasurySecurities #MortgagebackedBonds #UsEconomy #UnemploymentRate #ConsumerSpending
https://here.news/story/2140b79c?ver=1.11
quoting note1qud…klljPresident Biden Criticizes Japan and India for Xenophobic Immigration Stance
===============
#99e2f5f5 ver:0.33
US President Biden criticizes Japan, India, China, and Russia for xenophobic immigration stance, blaming it for their economic struggles. Biden emphasizes the importance of immigrants in strengthening the US economy. This contrasts with his Republican rival, Trump, known for his anti-immigrant rhetoric. Biden has been working to build relations with Japan and India to counter China and Russia. Immigration remains a hot issue in the 2024 presidential campaign. #Biden #immigration #economy...
#newstr #PresidentBiden #Japan #India #Xenophobia #Immigration #Economy #China #Russia
https://here.news/story/99e2f5f5?ver=0.33
quoting note1j87…e933OECD Raises Global Economic Growth Forecast for 2024 to 3.1%
===============
#b9b257e9 ver:0.51
The OECD raises global economic growth forecast for 2024 to 3.1%, driven by strong growth in the US and China. The report emphasizes the need for prudent monetary policy, fiscal consolidation, and policy reforms to boost innovation and investment. However, high geopolitical tensions in the Middle East pose risks. Governments should focus on boosting investment, enhancing skills development, and intensifying innovation. #OECD #economicgrowth #US #China #MiddleEast #investment...
#newstr #Oecd #GlobalEconomy #EconomicGrowth #Forecast
https://here.news/story/b9b257e9?ver=0.51
quoting note129s…2nydUS Dollar Strengthens as Fed Rate Cut Calls Are Delayed
===============
#b9c27144 ver:0.92
The US dollar strengthens as Fed rate cut calls are delayed, reaching its highest level this year. Traders are only pricing in one rate cut in 2024. Oil prices fall amid hopes of a ceasefire in the Middle East and rising crude inventories. The Fed signals eventual reductions in borrowing costs but wants more confidence in falling inflation before cutting rates. The US dollar drops after the FOMC meeting, which was not as hawkish as expected. FX strategists predict the dollar will continue to strengthen if central bank policies diverge. The US dollar sees mild gains following jobless claims and less hawkish remarks from Fed Chair Powell. #USD #Fed #oil #inflation...
#newstr #UsDollar #FederalReserve #MonetaryPolicy #Inflation #JoblessClaims #NonfarmPayrolls
https://here.news/story/b9c27144?ver=0.92
quoting note1vjy…9dwjUS Stocks Rise Ahead of Apple Earnings and Payroll Data
===============
#10d0212a ver:0.77
US stocks rise ahead of Apple earnings and payroll data as investors digest Federal Reserve Chair Jerome Powell's comments on interest rate hikes and inflation expectations. Asian markets resume trading, with focus on key economic indicators and the impact of Powell's remarks. Yen strengthens but weakens after surge, fueling speculation of Japanese intervention. Wall Street experiences volatility, yields fall, and the dollar weakens. Hong Kong stocks rise, oil bounces, and implied US rates shift upward. Investors await Apple's results and payroll data. #StockMarket #FederalReserve #Apple #PayrollData...
#newstr #UsStocks #Apple #Earnings #UsPayrollData
https://here.news/story/10d0212a?ver=0.77
quoting note1g56…xxwzGhanaian President Urges Organized Labour to Protect Democracy Ahead of Elections
===============
#55beda8c ver:0.21
Ghanaian President urges organized labor to protect democracy ahead of elections, emphasizing workers' voices and participation. Trade Union Congress highlights high cost of living and inflation. Media urged to uphold ethical standards. Former Minority Leader predicts NDC victory in Upper West Region. US diplomat warns of foreign interference. Akrofuom District Assembly calls for national peace and unity. #GhanaElections #Democracy #WorkersVoice #MediaEthics #ForeignInterference #NationalPeace...
#newstr #Ghana #Elections #OrganizedLabor #Democracy #MayDay
https://here.news/story/55beda8c?ver=0.21