- candidate.group

May, 18 2024 News

ECB Hawkish Member: Service Inflation Worry Trumps Economic Slowdown

The hawkish member of the European Central Bank's Governing Council, Martins Kazaks, stated on Monday that the current persistent inflation trend in the service sector poses a greater risk than his co...

May, 15 2024 News

Luxury Stocks Stumble Amid Wall Street Bearish Reports

An increasing number of Wall Street investment institutions are broadly downgrading their ratings on European luxury stocks, which have long led the European stock market. Bank of America has become t...

May, 14 2024 News

Fed September Rate Cut? US Economy Cooling Down

Fed's Dramatic Shift in StanceWall Street Swept by Calls for September Rate CutUnexpected Uptick in US Unemployment Rate, One Step Away from Triggering the "Sahm Rule"! Citigroup: The Fed Will Begin C...

May, 7 2024 News

Fed Officials Support Initial 50bps Cut, Kashkari Sees Another 50bps This Year

Minneapolis Federal Reserve President Kashkari stated in an article that he supports another 50 basis points rate cut this year and detailed his support for the Federal Reserve's substantial rate cut ...

May, 6 2024 News

Overnight US Stocks: Dow, S&P 500, Gold Hit New Highs; Tesla Rises 4.9%

On Monday, the three major indices rose, with the Dow Jones Industrial Average and the S&P 500 Index reaching new record closing highs. Several Federal Reserve officials did not rule out the possibili...

May, 3 2024 News

Fed Officials Signal Openness to Substantial Rate Cuts

Several Federal Reserve officials on Monday left the door open for further substantial interest rate cuts, noting that current interest rate levels still pose a serious strain on the US economy. Howev...