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Other global brokerages, including Goldman Sachs and J.P.Morgan, anticipate a 25 bps cut from the central bank next month
Economy's recent performance has been 'remarkably good, by far the best of any major economy in the world'.
Powell said the results of Tuesday's presidential election would have no 'near-term' impact on U.S. monetary policy
Central bank buying slowed in but demand remained robust at 186 tons
Figures released ahead of COP29, taking place November 11 to 22 in Baku, AzerbaijanÂ
The Federal Reserve will begin its two-day policy meeting only a day after the U.S. presidential election on Tuesday
Central bank lowered the projected inflation rate for fiscal 2025 from 2.1 percent to 1.9 percent, below the bank's price stability goal of 2 percent
AI accounted for over half of the 10 largest funding rounds globally as VC investors continued to show interest in the sector
Equity investment funds, valued at 10.89 trillion yuan, were the largest category
Banks' reserve requirement ratio could decline by another 25 to 50 basis points by the end of the year
The government will allocate 1.7 trillion won next year for chip R&D and talent developmentÂ
Global public debt could reach 115 percent of GDP in three years, nearly 20 percentage points higher than currently projected
The guideline highlights the green transformation of industries and ecosystem restoration
The finance ministry noted that this year's deficit is the third-largest ever for the specified timeframe
Milton’s insured losses will likely range from $30 billion-$50 billion, the largest insured loss since Hurricane Ian in 2022
The Central Bank kept the repo rate steady at 6.5 percent
The council reaffirmed its commitment to climate finance and aims for new targets beyond 2025.
The three biggest multilateral development banks by total assets have the most lending headroom in billions of U.S. dollars
The BOK attributed the rise to higher non-dollar asset values, driven by a weaker U.S. dollar and investment gainsÂ
Financial liabilities exceeded $6.8 trillion at the same date, resulting in net external assets of nearly $2.99 trillionÂ
In the last 12 months, headline and core inflation in the U.S. were 2.2 percent and 2.7 percent, respectively
Inflation fell to 1.1 percent in August from 1.4 percent in May, partly due to a stronger Swiss francÂ
This marks an increase of $5.97 billion from the prior month
The report stated that the new administration will face a worsening fiscal landscape as debt affordability declines
