News list for " Economics"
Standard Economics, a stablecoin payment company, announced the completion of a $9 million seed round of financing led by Paradigm, with Lightspeed and a group of strategic angel investors participating. The new funds will be used to support the development of a stablecoin-based payment application that allows users to pay and send money to other countries internationally for free.
稳定币支付公司Standard Economics宣布完成900万美元种子轮融资，Paradigm 领投，Lightspeed和一批战略天使投资者参投，新资金将用于支持其开发基于稳定币的支付应用，让用户行支付并免费向国际上的其他国家/地区汇款。
Wall Street is eyeing Mr. Powell's speech for any hint of the "next" after the Fed cut interest rates for the first time this year last week, with investors hoping he will give more clues today about how much the Fed intends to cut rates. Mr. Powell is due to give an economic forecast speech at 00:35 tonight. The market forecasts that the Federal Reserve will cut its benchmark short-term interest rate by 2% at each of its last two meetings in 2025, in October and December.
Falling inflation in the eurozone is likely to cause the European Central Bank to cut interest rates again next year. The ECB has kept its key interest rate unchanged in the past few policy meetings, the eurozone economy has shown resilience and inflation is largely under control. But Jack Allen-Reynolds, deputy chief eurozone economist at Capital Economics, said slower wage growth and lower commodity prices could lead to core inflation falling below 2 per cent next year, with headline inflation...
On September 8th, the Ministry of Industry and Information Technology recently issued a satellite mobile communication business license to China United Network Communication Group Co., Ltd. China Unicom can carry out mobile phone direct connection to satellites and other businesses in accordance with the law, deepen emergency communication, maritime communication, remote area communication and other scenario applications, and enrich the supply of communication services and products. In the next ...
Kevin Thozet, a member of the investment committee at Capital Economics, said in the report that short-term US interest rates were at risk of rising and the market was overconfident in the prospect of the Federal Reserve cutting interest rates. He pointed out that the US money market has already factored in at least two interest rate cuts this year, reflecting market expectations that the US economy and inflation will slow further. Thozet believes this expectation is too high, noting that the cu...
Capital Economics economist Abhijit Surya said the RBA cut reflected market expectations for further easing. The RBA is expected to cut interest rates to 2.85% in the coming period from the current 3.60%. The RBA noted that the scope and scale of US tariffs were slightly clearer and believes the risk of a more extreme outcome has diminished. However, trade tensions will weigh on household and business spending for some time.
Paul Ashworth, an economist at Capital Economics, wrote that President Trump's nomination of his economic adviser, Stephen Millan, to the Fed's board of governors was a good choice. Millan is currently set to fill the Fed board vacancy in the short term, but Ashworth said he could be re-nominated, especially if he leans toward the rate cuts Trump has loudly endorsed. The move was "a welcome surprise".
Foreign 1. Capital Economics: Trump's firing of Powell will shock the market, and the new chairperson will not cut interest rates as he wishes. 2. Holland International: The European Central Bank cannot be satisfied with existing policy results and stagnate. 3. JPMorgan Chase: "The Federal Reserve is not subject to political pressure" is a myth, and US stocks may continue to rise due to interest rate cuts. 4. Barclays: Weak labor force in the UK may strengthen confidence in the Bank of England t...
Capital Economics said the continued lack of clarity on the tariff issue could delay the Bank of Japan's move to tighten monetary policy. Its base case remains that Tokyo will reach an agreement with Washington to avoid the threat of 25 per cent tariffs. If that happens soon and there is no increase in tariffs, or only a modest increase in tariffs, the case for the BoJ to raise rates in October will not be shaken. Inflation is now well above the BoJ forecast in May, and the Japanese economy is c...
