Paraguay further tightened its monetary policy for a second consecutive month, raising the key interest rate by 125 basis points to 4 percent as the central bank tries to contain the country’s fastest inflation in a decade. In the minutes …
The US Federal Reserve announced a 0% interest rate increase through 2023 and predicts that the nation’s GDP will increase by 6.5% in 2021. Fed Chairman Jerome Powell made the announcement yesterday at 2 p.m. EST following a 2 day …
Economists expect the Brazilian central bank to raise interest rates next month due to rising consumer price inflation expectations which are going above the bank’s central year-end target of 3.75%. “There’s a chance the scenario will deteriorate so much until …
US futures and European markets saw an upturn Monday morning as fears over rising bond yields began to fall. Dow Futures saw an increase of nearly 1%, up 300 points to $31,206. S&P 500 Futures are also up this morning …
Dow Futures are trending lower this morning after a rough day on Wall Street yesterday, with the Dow Jones Industrial Average (DJIA) falling 560 points. Dow Futures are currently down $50 to $31,321 (-0.16%) with S&P 500 Futures up by …