Federal Reserve Holds Interest Rates Steady in January 2025
The Federal Reserve decided to keep the federal funds rate unchanged at the 4.25%-4.5% range during its January 2025 meeting, aligning with market expectations. This move marks a pause in the Fed’s rate-cutting cycle after three consecutive reductions in 2024...
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Germany’s Consumer Confidence Drops Further in February 2025
Germany’s Consumer Confidence Climate Indicator fell to -22.4 for February 2025, down from a revised -21.3 in the previous period. This decline was sharper than expected, as market forecasts had predicted a milder drop to -20. The data highlights ongoing...
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Australia’s Inflation Rate Falls to 2.4% in Q4 2024
Australia’s inflation rate dropped to 2.4% in Q4 2024, down from 2.8% in Q3, marking the lowest level since Q1 2021. This decline was slightly better than market expectations of 2.5%. The primary driver behind this slowdown was a significant...
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US Durable Goods Orders Decline in December 2024
In December 2024, the US Durable Goods decline in new orders for manufactured durable goods, with total orders falling 2.2% month-over-month, reaching $276.1 billion. This decrease marked a significant departure from market expectations, which had forecast a modest increase of...
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Nvidia’s $593 Billion Loss: A Record-Breaking Market Drop
On Monday, Nvidia made history for all the wrong reasons. The tech giant’s stock plummeted by a staggering 16.9%, resulting in a $593 billion loss in market value—marking the largest one-day drop in U.S. stock market history. This sudden decline...
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