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The Federal Reserve should be able to start cutting interest rates by the end of 2024, according to Kristalina Georgieva, managing director of the International Monetary Fund.
Goldman Sachs still expects stubbornly high U.S. inflation to ease over the coming months, despite investors slashing bets for Federal Reserve interest rate cuts, after yet another print showed that consumer prices remain sticky.
The following is the full text of Japanese Prime Minister Fumio Kishida's speech at the U.S. Congress on Thursday.
HANOI, Vietnam (AP) — A Vietnamese real estate tycoon was sentenced to death Thursday in the country’s biggest ever financial fraud case, a shocking development in an intensifying anti-corruption drive in the southeast Asian nation.
Amazon CEO Andy Jassy on Thursday published his annual shareholder letter, where he pledged to look for ways to keep costs in check even as the company doubles down on investing in new growth areas like artificial intelligence.
The U.S. Federal Reserve is likely to cut interest rates before the European Central Bank does, a former member of the Bank of England said, defying current market expectations.
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