Why Fed rate cuts matter to world markets
In commodities, precious and base metals such as copper should benefit from Fed rate cuts, and for the latter the demand outlook and a soft landing are key. Lower rates and a weaker dollar, reducing not just the opportunity cost of holding metals but also of buying them for those using other currencies, could fuel momentum.
Demand for energy transition metals has injected optimism into mining, but it represents only a sliver of the $4 trillion ...
Chart: The Economist The poor world has, in short, experienced a brutal decade ... Now money is growing scarce and few ...
US employers added fewer workers in August than forecast and job growth in the prior two months was marked down, further ...
Moscow redirected oil sales, but forging new routes for other commodities proves difficult amid high costs and U.S. sanctions ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Investors would fret on whether the Fed’s rate cut was in response to cooling inflation or more towards safeguarding growth.
E ach year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn tonnes a year ...
We have upgraded the GCI, and created the GDI – the Global Digitalization Index. The GDI measures the maturity of a country's ...
Generative artificial intelligence has sparked one of the biggest spending booms in modern American history, as companies and ...
Fed boss Jerome Powell described Wednesday's outsize half-point interest rate cut as a 'recalibration' rather than some ...
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When it came to economic appointments, Biden was hamstrung by campaign promises. Harris isn't — some biz and tech leaders ...
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