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Important Developments of the Day 05.06.2025
The US Federal Reserve (Fed) reported that high tariff rates put upward pressure on costs and prices. The US Federal Reserve (Fed) New York Branch reported that the majority of firms in its region are passing on some of the costs of rising tariffs to their customers. The US Congressional Budget Office (CBO) predicted that […]
Important Developments of the Day 04.06.2025
The US Federal Reserve (Fed) has lifted the asset cap imposed on Wells Fargo, one of the country’s major banks, in 2018, paving the way for the bank’s renewed growth. White House spokeswoman Karoline Leavitt said the US Trade Representative (USTR) sent a letter to trade partners asking them to submit proposals as a reminder […]
Important Developments of the Day 03.06.2025
The US manufacturing PMI index continued its decline in May. The import gauge fell to its lowest level in 16 years as firms retreated from higher tariffs. The US claims it will allow Iran to enrich uranium at low levels for a certain period of time The White House said US President Donald Trump is […]
Important Developments of the Day 02.06.2025
Japanese and South Korean steel stocks fell after Trump said he planned to double tariffs on steel imports. Fed Governor Christopher Waller said interest rate cuts were possible this year, although the Trump administration’s tariffs could temporarily increase price pressures. China responded to Washington’s accusation that it was violating the Geneva accords. US Treasury Secretary […]
Important Developments of the Day 30.05.2025
The 0.3 percent economic contraction announced in the first quarter of the US was revised to 0.2 percent. An appeals court in the US allowed Trump’s tariffs to remain in effect for now. Dallas Fed President Lorie Logan and San Francisco Fed President Mary Daly said in statements on Thursday that interest rates could be […]
Important Developments of the Day 29.05.2025
The US banking sector’s profits increased by 5.8 percent in the first quarter of this year compared to the previous quarter, reaching $70.6 billion. The US Court of International Trade ruled that President Donald Trump exceeded his legal authority in imposing tariffs on other countries and decided to block the implementation of these tariffs. Nvidia, […]
Important Developments of the Day 28.05.2025
It was reported that the US State Department has suspended visa interviews for students planning to come to the US for education from abroad in order to conduct detailed examinations on their social media accounts. US President Donald Trump claimed that worse things could happen to Russia if he were not president, and used the […]
Important Developments of the Day 27.05.2025
TTrump’s media company is trying to raise $3 billion to invest in cryptocurrencies. European Union (EU) Commissioner for Trade Maros Sefcovic said they are focused on constructively reaching a trade agreement with the US. Investors have pushed the yield on the 30-year benchmark bond to 5.1 percent, close to a 20-year high, while stocks and […]
Important Developments of the Day 26.05.2025
The US Treasury Department has eased sanctions on Syria. US President Donald Trump stated that he is not seeking an agreement with the European Union (EU), which he proposed to impose a 50 percent tariff starting from June 1 on the grounds that trade talks have not reached a conclusion. Investors have pushed the yield […]
Important Developments of the Day 22.05.2025
The Republican leaders of the US House of Representatives have released a revised version of President Donald Trump’s tax and spending bill. The Treasury’s seven-year Eurobond issue has a yield of $2 billion and a yield of 7.45 percent. Investors have pushed the yield on the 30-year benchmark bond to 5.1 percent, close to a […]
