Federal Reserve Chair Jerome Powell’s recent speech at the Jackson Hole Economic Symposium has sparked significant speculation and debate. Many analysts and market participants see his remarks as indicative of a significant dovish shift in the central bank’s stance on monetary policy. Powell’s indication that the Fed is prepared to lower interest rates aligns with
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The animated film Inside Out 2 has achieved a major milestone by becoming the first animated movie to cross the $1B international box office threshold. With a current total nearing $1.003B, it has solidified its position as the highest-grossing animated film globally and overseas. This impressive achievement places it among the exclusive group of only
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The recent shift in leadership within Thailand’s government has brought to light differing perspectives on economic policy, particularly in relation to the central bank’s independence. Prime Minister Paetongtarn Shinawatra has expressed concerns that central bank autonomy may hinder economic growth, a sentiment echoed by her predecessor, Srettha Thavisin. However, Bank of Thailand Governor Sethaput Suthiwartnarueput
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Pavel Durov, the renowned billionaire founder and CEO of the popular messaging app Telegram, was reportedly arrested at the Bourget airport outside Paris. According to sources cited by TF1 TV and BFM TV, the investigation leading to his arrest was centered around a lack of moderators on the Telegram platform, allowing for criminal activities to
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After being elected as Prime Minister in a landslide victory, Keir Starmer is set to address the British public about the challenges that lie ahead. He emphasizes the need for gradual change and warns that things may worsen before they improve. This speech is seen as an opportunity for Starmer to be transparent and honest
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The recent market volatility, as pointed out by Brazil’s central bank chief Roberto Campos Neto, may indicate that there is less room for fiscal and monetary intervention in the future. This observation raises concerns about the effectiveness of potential policy tools in addressing economic challenges. Campos Neto emphasized the interconnected nature of monetary and fiscal
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