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The Federal Reserve May Have Reached Its 2% Inflation Target
Inflation Data Points to Progress The PCE price index, which the Fed uses as its primary inflation gauge, has steadily declined over the...
Arnold Tarverdyan
Oct 13, 20242 min read


Fed Nearing Soft Landing as September Jobs Report Surpasses Expectations
The unexpected payroll increase lifts the shadow of a looming economic downturn and virtually eliminates any possibility of the Fed...
Arnold Tarverdyan
Oct 5, 20243 min read


Bank of England Pauses on Rate Cuts, Cites Gradual Approach
Gradual Approach to Monetary Easing The BOE justified its decision to hold rates, citing elevated inflation in the services sector, which...
Arnold Tarverdyan
Sep 21, 20243 min read


The Fed Faces a Critical Decision as Inflation Eases
Easing Inflation, but Uncertainty Remains Recent inflation reports have shown significant progress in curbing price pressures. One key...
Arnold Tarverdyan
Sep 15, 20243 min read


Saudi Investment Minister Defends Vision 2030, Promotes ‘Green Shoring’ to Attract Foreign Investment
A Shift Away from Oil Dependency “There were many people who doubted the vision, the ambition, how broad and deep and comprehensive it...
Arnold Tarverdyan
Sep 8, 20242 min read


Euro Zone Inflation Hits 3-Year Low, Paving the Way for September Rate Cut
Inflation Cooling and Core Rate Stability The inflation decline from 2.6% in July was anticipated by economists polled by...
Arnold Tarverdyan
Sep 3, 20242 min read


Saudi Arabia’s Strategic Shift: Domestic Investments Take Priority Over Foreign Ventures
The Shift in Investment Strategy The PIF’s investments in domestic infrastructure and real estate development grew by 15% year-on-year to...
Arnold Tarverdyan
Aug 25, 20243 min read


Goldman Sachs Lowers U.S. Recession Odds to 20% After Positive Retail and Jobs Data
A Reversal in Projections Earlier this month, Goldman Sachs raised its 12-month U.S. recession probability from 15% to 25%, triggered by...
Arnold Tarverdyan
Aug 19, 20242 min read


Trump Suggests Presidential Influence Over Federal Reserve Rate Decisions
Trump’s Comments on Federal Reserve “I feel the president should have at least [a] say in there,” Trump stated. “Yeah, I feel that...
Arnold Tarverdyan
Aug 10, 20242 min read


Wealth in Turkey Grows 157% Despite Soaring Inflation, Topping Global Rankings
Unprecedented Wealth Growth “Türkiye stands out with a staggering growth of over 157% in wealth per adult between 2022 and 2023, leaving...
Arnold Tarverdyan
Jul 21, 20242 min read


Fed Chair Powell Warns Against Prolonged High Interest Rates, Cites Economic Growth Risks
Balancing Act on Interest Rates Speaking ahead of his two-day appearance on Capitol Hill, Powell acknowledged the economy's resilience...
Arnold Tarverdyan
Jul 9, 20242 min read


IMF Chief Urges Europe to Harness Full Potential of Single Market
Strengthening Economic Performance Georgieva noted that Europe's economic performance is improving, with inflation on a clear downward...
Arnold Tarverdyan
Jun 20, 20242 min read


Bank of Japan Set to Reduce JGB Purchases, Maintains Interest Rate
Key Decisions and Statements The BOJ kept short-term interest rates steady at between 0% to 0.1%, as widely anticipated. However, it...
Arnold Tarverdyan
Jun 19, 20242 min read


UK GDP Flatlines as PM Sunak Pins Election Campaign on Economy
Economic Stagnation The flash figures revealed that the UK economy flatlined in April, in line with expectations from economists polled...
Arnold Tarverdyan
Jun 14, 20242 min read


Brace for a Summer of Heat Waves and Higher Air Conditioning Bills
Rising Costs of Staying Cool An analysis by the National Energy Assistance Directors Association and the Center for Energy Poverty and...
Arnold Tarverdyan
Jun 10, 20243 min read


Putin: Nearly 40% of Russian Trade Now Conducted in Rubles
Shift in Trade Dynamics Putin highlighted that countries considered friendly to Russia now account for three-quarters of its trade...
Arnold Tarverdyan
Jun 8, 20242 min read


Five Below CEO Highlights Struggles of Lower-Income Consumers Amid Inflation
Economic Pressures on Lower-Income Consumers During an earnings call on Wednesday, Anderson emphasized the challenges faced by...
Arnold Tarverdyan
Jun 6, 20242 min read


Dubai Mall Expands with $400 Million Expansion, Adding 240 Luxury Stores
A Monumental Mall The Dubai Mall currently boasts 1,200 stores and 200 food and beverage outlets, alongside a myriad of attractions such...
Arnold Tarverdyan
Jun 5, 20242 min read


Job Openings Decline in April, Indicating Labor Market Weakening
Key Figures The 8.06 million job openings in April represent a significant drop from the previous month and are nearly 19% lower than a...
Arnold Tarverdyan
Jun 4, 20242 min read


Turkey’s Inflation Surpasses 75%, Economists Expect Peak
Record Inflation Rates According to the Turkish Statistical Institute, consumer prices increased by 75.45% on an annual basis and 3.37%...
Arnold Tarverdyan
Jun 3, 20242 min read
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