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Jan 4, 2025 · A few days ago, the dollar reached a two-year high against the euro and an eight-month high against the sterling, following data on the US economy and the willingness of investors to invest huge amounts of money in this country. The pound, which was the leader last year, experienced a decline, just ...

Jan 16, 2025 · JPMorgan Chase & Co.'s annual profit hit a record high on a strong fourth-quarter market. JPM earned $14 billion in the period, the most in its history and the most by any U.S. savings institution. The company's annual profit of $58B was driven largely by a surge in its Wall Street operations as ...

Canadian Employment Grows by 91K in December Bank of Canada Expected to Cut Rates Through Mid-2025 2 days ago

Nov 22, 2024 · And with low growth in Germany, the Euro area (as a whole) can't grow itself out of its own sovereign debt load, leaving it susceptible to debt crises, especially with the debt-service burden much higher now following the rise of interest rates in 2022-2024.

Dec 19, 2024 · But why the shakes? The answer is revealed in a particular place: despite the small revisions to the SEP's both growth and unemployment projections in the multi-year outlook, the 19 Fed officials collective saw both upside risks to inflation and a much higher inflation outlook (as conveyed in the SEP).

Dec 9, 2024 · Some of the Fed's hawks may be starting to chafe. The recent slowdown in the pace of US disinflation, a lower US unemployment rate than anticipated in September, exuberance in US financial markets, and the inflation that may emerge from the next administration's policies mean that while the Fed will cut next week, the Fed's consensus (median) will be to tilt the outlook in a more hawkish ...

Aug 30, 2024 · Meanwhile, households in the 0.1% to 1% range have lost some ground, with their share dropping from 18% pre-COVID to below 17%. Similarly, those in the top 1% to 10% have also seen a decline, holding about 37% of national wealth, down from 40% before the pandemic.

Jun 25, 2023 · The exhibits on display include original stagecoaches, photographs, gold nuggets and mining artefacts, the Pony Express, telegraph equipment. The company also operates a company history museum in the Pony Express Terminal at Old Sacramento State Historic Park in Sacramento, California, which was the company's second office, and the Wells Fargo History Museum in Old Town San Diego, California.

Jul 30, 2024 · US dollar (USD) Analysts are optimistic about the dollar until 2025 (in case of Trump's victory). The recent focus on Fed rate cuts and a weaker US economy caused the USD to fall in July.