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15 July
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Powell: Fed won't change 2% inflation target
Powell spoke at a press conference following a meeting of the Federal Open Market Committee. During his interview, Powell was asked whether the Fed could consider raising its inflation target.
15 December 2022
New Zealand's economy grew twice more than forecasted in the third quarter
The Central bank of New Zealand tried to suppress demand for controlling inflation, but experienced difficulties, which affected inflation.
15 December 2022
PBC keeps current rate unchanged and extends loan maturity date
The People's Bank of China (PBOC) extended the maturity of medium-term loans on Thursday. Thus, the interest rate remained unchanged for a fourth month in a row. It could largely match market expectations.
15 December 2022
U.S. import prices continue to fall
Import prices in the U.S. fell in November, recording a fifth month of decline. Stronger dollar positions coupled with a lower cost for petroleum products were the key drivers of a contraction. These factors support the market's view that the rate of inflation may slow in the coming months.
15 December 2022
U.S. crude oil stocks rose by more than 10 million barrels over the week
It’s reported that amid large releases from the U.S. Strategic Petroleum Reserve (SPR) and reduced refinery activity, U.S. crude inventories increased by 10.2 million barrels. This is the highest figure since March 2021.
15 December 2022
Bank of England prepares another rate hike despite the recession
On Thursday, the Bank of England raised the interest rate nine times in a row. Such a step looks foregone. Due to this, the investors will have to find out how many times they need to increase the rate.
15 December 2022
Fed raised the rate by 0.5% and expects further increases
It’s reported that the rate hike at yesterday's U.S. Federal Reserve (Fed) meeting was lower than previous ones. However, the Fed says that interest rates will continue to rise next year, despite the apparent easing.
15 December 2022
Australia employment grows, boosting case for more rate hikes
Employment in Australia saw an apparent surge in November — more than triple what economists had expected. The jobless rate remained steady at a 48-year low, showing the need for further interest rate hikes in 2023.
15 December 2022
Oil rally continues amid Keystone pipeline shutdown, imminent cold snap, and Fed policy
Oil prices keep rising for the third day in a row as part of the shutdown of Canadian pipeline Keystone, being crucial to refineries in western part of the U.S. The cost of fuel continues to rise due to the accident, despite a significant weekly surge in the U.S.crude stocks.
15 December 2022
Morgan Stanley: Brent crude oil will return to $110 per barrel by the middle of 2023
As it became known on December 14, Morgan Stanley analysts suggest crude oil prices to rise back to the level of about $110 per barrel by the middle of the upcoming year.
15 December 2022
