Fed Holds Interest Rates at 4.25%-4.50% Amid Mixed Signals and Dissent
📌 Key Highlights Federal Reserve Maintains Interest Rates The Federal Reserve held its benchmark interest rate unchanged at 4.25%–4.50% during the July 2025 Federal Open Market Committee (FOMC) meeting, marking the fifth consecutive pause as expected by analysts. ⚖️ Notable...
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Bank of Canada Holds Interest Rate at 2.75% in July 2025 Amid Tariff Uncertainty
đź“Ś Key Highlights Bank of Canada Keeps Interest Rate Unchanged The Bank of Canada (BoC) left its benchmark interest rate unchanged at 2.75% during its July 2025 meeting, in line with market expectations. This marks the third straight pause following...
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Australia Inflation Falls to 2.1% in Q2 2025, Lowest Since Early 2021
📌 Key Takeaways Australia Inflation Eases Further in Q2 Australia’s annual inflation rate fell to 2.1% in the second quarter of 2025, easing from 2.4% in the previous two quarters and coming in slightly below market expectations of 2.2%. This...
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Germany Retail Sales Jump in June 2025, Posting Best Annual Growth in Over 3 Years
đź“Ś Key Takeaways Retail Recovery Gathers Pace in Germany Germany’s retail sales rebounded strongly in June 2025, rising 1.0% month-over-month—outpacing the expected 0.5% growth and reversing the 0.6% drop recorded in May. This marked the first increase since March, fueled...
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JPMorgan May Replace Goldman Sachs as Apple Card Partner
🔑 Key Takeaways Background and What’s at Stake According to the Wall Street Journal, JPMorgan Chase (NYSE: JPM), the largest U.S. bank, is currently Apple’s (NASDAQ: AAPL) preferred candidate to run the Apple Card. The two companies have been in...
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