The euro declined today against the dollar, after the publication of data on job creation in the United States that leave room for the Federal Reserve (Fed) to further interest rate hikes. At 6:00 pm […]
The Federal Reserve’s interest rate hikes are unsettling global markets and prompting other central banks to prop up their domestic currencies. Governments around the world have sought to stabilize their currencies and defend their economies […]
Past may not be prologue for financial markets as the global economy continues to reel from the pandemic. But a traditional recession signal is still catching Wall Street’s attention.
Goldman Sachs on Saturday cut its outlook for U.S. economic growth to 3.8% for 2022, citing risks and uncertainty around the emergence of the Omicron variant of the coronavirus. Goldman economist Joseph Briggs said in […]