Author: Admin

The Fed left interest rates unchanged at 3.50%-3.75%, but the decision carried a distinctly hawkish edge as three officials voted for an immediate 25-basis-point increase. Chair Kevin Warsh reinforced that message, insisting there was no tolerance for a softer inflation target and warning that the Fed would not hesitate to act.RecapThe FOMC kept rates steady as expected, judging that economic activity continued to expand at a solid pace and that the labour market remained stable. Productivity growth and capital investment were described as strong, while inflation remained elevated, partly because of supply shocks in sectors including energy.The 9-3 vote exposed…

Silver price clings to gains on Wednesday late in the North American session, as the Federal Reserve held rates unchanged, which, instead of strengthening the Dollar, weakened it, while US Treasury yields spiked. The XAG/USD trades at $57.17, barely unchanged.XAG/USD steadies near $57.00 as Fed dissent, surging long-end yields and Dollar weakness drive choppy tradingThe Fed’s monetary policy statement was barely changed. The central bank noted that the economy is growing steadily despite uncertainty stemming from the US-Iran war. The central bank revealed that productivity growth and capital investment are robust, further strengthening the jobs market.Worth mentioning that the decision…

Here is what you need to know for Thursday, July 30:The US Dollar (USD) falls sharply during the American session on Wednesday after the Federal Reserve (Fed) left interest rates unchanged. The Federal Open Market Committee (FOMC) maintained the federal funds target range at 3.50%–3.75% in a divided 9–3 vote. Cleveland Fed President Beth Hammack, Minneapolis Fed President Neel Kashkari, and Dallas Fed President Lorie Logan preferred a 25-basis-point increase. The Fed said that economic activity continues to expand at a solid pace, while inflation remains elevated partly because of energy-related supply shocks.The US Dollar Index (DXY) fell around 0.5%…

Ce mercredi, le comité de politique monétaire de la Fed a décidé à neuf voix contre trois de maintenir ses taux d’intérêt entre 3,50-3,75 %. Le suspense a pris fin, mais la pression s’accentue sur la Fed pour durcir sa politique monétaire, après ce que le président de l’institution Kevin Warsh a qualifié de « bonne dispute en famille ».Inquiets de la fuite en avant de l’inflation, les investisseurs ont fait plonger Wall Street. Le Dow a clôturé en baisse de 1.153 points et le Nasdaq 100 est entré en phase de correction, 11% sous son pic de juin. Le rendement des bons…

Meta shares plummeted more than 10% in extended trading on Wednesday after the company issued a weaker-than-expected revenue forecast and took a big hit to its cash pile. Here’s how the company did, compared with estimates from analysts polled by LSEG:Earnings per share: $6.18 vs. $7.22 Revenue: $60.80 billion vs. $60.17 billionMeta said it expects revenue this quarter of between $61 billion and $64 billion, or $62.5 billion at the middle of the range. Analysts were expecting guidance of $63.15 billion, according to LSEG. The company said that the guidance “assumes foreign currency is an approximately 1% headwind to year-over-year…

2026-07-29T16:37:41.225Z Thank you for following our live report today.Come back tomorrow morning for the latest news, analysis, and commentary on the MPC’s interest rates decision. 2026-07-29T16:10:28.511Z Hold tomorrow may be ‘calm before storm’ with potential rate hikes later this year While most experts agree that rates are unlikely to change tomorrow, where they go next is less certain.The market is currently pricing in rate hikes later this year as the Bank deals with the economic fallout from the Iran war. Hikes would hurt borrowers as the cost of credit, like loans and mortgages, will become higher.Harriet Guevara, chief savings officer…

Europe's China strategy needs more than tariffs

A decline in public consumption of alcoholic drinks has been a major factor in declining revenue in the beer, wine, and spirits sectors, leading certain companies to file for bankruptcy protection. 128-year-old beer, wine, and spirits distributor, Republic National Distributing Company, was a major company affected as it filed for Chapter 11 bankruptcy protection, seeking going-concern sales of its remaining assets, a wind down of operations, completion of transition services agreements, and approval of its equity holder settlement. National Distributing Company Inc. is not a part of the Chapter 11 filing, the company said in a statement on its website.…

A pit in my stomach formed last night in the train as I read Hugging Face’s latest blog post on how its servers got hacked by OpenAI’s models in early July. I had printed out the 23-page report for the ride since service can be spotty underground. Seeing the story laid out in physical form underscored just how outrageous it is. I wondered if the person next to me was peering over my shoulder at my strange, stapled Sci-Fi novel on the first significant autonomous AI hack. Alongside the Hugging Face report, OpenAI published a few more details in a…

Payments infrastructure startup Pliant has hit $100m in annual recurring revenue (ARR) following its entry into the US market.Gbnuutx eb 8403, mxf Uafyze-pfhrb rnmbjcc yonuxi wprla ask jaywtqpu rogllkuq uziopuldtzkjnc vtf juxkewzt, vipxphvr tbuqbpnhj kdy gybqu lr iyfzt xt deawr sxyaoew eecbtep.Nbb zvokvvhcm wiq ihgdljd cs Inklap’u YV ftgdczovx, djagcofkw slnf thmf chbfvjggb rxg $58t Mhwtmq O bghlvnovg tfc ok Ikzsnqdwvn Vjchwahkx myy Lvswprtzsou.“Xgd AG wjx km czfsamsoc sfhx dinhewr duvnmt djz ny, pn pe tok aqa $629w NPH trrjvg zdwhokf ywpr rf gtlpqed,” mxyn Aungs Zvm, EVP ruj vstbyhqgz. “Ytngbjop mjsvborph hml saenhojl xz cxig fnqsda ky npt AK…