2023-08-20 14:02:52 Economy The currency markets are awaiting the issuance of many reports and economic data during this week (21-25 August), which will have a significant impact on various markets, especially the US dollar and the euro. The most important of these data are the following: Currency markets and interest rate decision in China The … Read more
All investors were optimistically awaiting the meeting of central bankers that would take place at the end of August in the idyllic setting of Jackson Hole, in the USA. During the weeks prior to the meeting, the stock markets had recovered a significant part of the falls recorded during the first half of this year. … Read more
In the span of only eight minutes, Federal Reserve Chairman Jerome Powellcaused a market crash that reduced the fortune of the richest people in the United States by 78 billion dollars. Elon Musk saw $5.5 billion erased from his wealth; Jeff Bezos he lost $6.8 billion, the most for anyone on the Bloomberg Billionaires Index. … Read more
Everything is ready for one of the dates of the summer. The president of the Fed, Jerome Powell, will take the floor this afternoon (tomorrow in the US) from that kind of summer colony for central bankers that is the Jackson Hole summit. Powell will give clues to the next steps of the institution to … Read more
Jerome Powell The Fed chair will deliver a well-received speech in Jackson Hole on Friday. (Foto: Bloomberg) New York, Frankfurt Rarely have the expectations of the leading monetary politicians been as high as this year. At the weekend, central bankers and economists from all over the world meet in Jackson Hole, high up in the mountains … Read more