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Dollar steady ahead of US inflation data, yen near one-year low

Dollar steady ahead of US inflation data, yen near one-year low

© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo   MCO +1.38% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point…

Top investors warn of prolonged high interest rates and economic instability

Top investors warn of prolonged high interest rates and economic instability

Leading financial figures have raised concerns about the potential for continued high-interest rates and the resulting economic instability. At an investment summit on Tuesday, THL co-CEO Scott Sperling discussed the challenges posed by soaring interest rates and cautious consumer behavior. Despite anticipating a turbulent economy over the next 15 to 18 months, Sperling identified promising…

US House Speaker Johnson floats two-step measure to avert gov’t shutdown

US House Speaker Johnson floats two-step measure to avert gov’t shutdown

© Reuters. FILE PHOTO: Newly-elected U.S. House Speaker Mike Johnson (R-LA) walks from his office to the House floor at the U.S. Capitol in Washington, U.S., October 26, 2023.REUTERS/Sarah Silbiger   MCO +1.38% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:…

US consumer sentiment drops again in November, inflation expectations rise

US consumer sentiment drops again in November, inflation expectations rise

© Reuters. FILE PHOTO: A cashier charges products at a supermarket ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 22, 2022. REUTERS/Jim Vondruska By Dan Burns (Reuters) -U.S. consumer sentiment fell for a fourth straight month in November and households’ expectations for inflation rose again, with their medium-term outlook for price pressures shooting…

Georgia’s central bank leader to revive $289 million IMF program

Georgia’s central bank leader to revive $289 million IMF program

Today, Natia Turnava, the pioneering female head of Georgia’s central bank, expressed her determination to revive a stalled $289 million International Monetary Fund (IMF) program. The announcement was made during an international news interview on Thursday, Nov 09, 2023. This urgency is driven by the economic repercussions of Russia’s invasion of Ukraine on Georgia’s $30…