The Bank of Canada announced the end of quantitative tightening and will gradually resume its asset purchase program in early March.
"When the president starts intervening in monetary policy decisions, the results tend to be bad," says Mr. Kessam, a former Fed official.
The total number of new housing starts in the United States in December was annualized 1.499 million households, and 1.32 million households were expected. The previous value was revised from 1.289 million households to 1.294 million households.
The total number of new housing starts in the United States recorded an annualized 1.499 million in December, the highest since February 2024.
The classification of cryptocurrencies is likely to change after Japan's Financial Services Agency announced plans to start treating cryptocurrencies such as bitcoin as "financial assets". According to official documents, the FSA published its position in its fiscal 2025 tax reform request, which wants to start treating cryptoassets as "financial assets that the general public can invest in". Currently, Japanese law classifies cryptoassets as "payment instruments" under the terms of the Payment ...
According to sources, the UAE will increase its oil production starting in April 2025.
The total number of new housing starts in the United States in July was annualized 1.238 million households, and 1.33 million households were expected. The previous value was revised from 1.353 million households to 1.329 million households.
The total number of new housing starts in the United States recorded an annualized 1.238 million in July, the lowest since May 2020.
With data as the core element to promote the in-depth digital transformation of state-owned enterprises, Shanghai is accelerating its pace. Recently, Shanghai State-owned Assets Supervision and Administration Commission and Shanghai Municipal Data Bureau held the 2024 Shanghai State-owned Assets Supervision and Administration Commission system enterprise digital transformation work conference. At the meeting, Shanghai Data Group, Shanghai Exchange Group, China Pacific Insurance, Shanghai Pudong ...
Tesla (TSLA. O) plans to start a layoff program in Germany, aiming to reduce its workforce in Germany by 400.