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Sluggish US Jobs Report Clears the Way for Federal Reserve to Cut Interest Rates

Image Source In August, hiring in the United States showed a modest improvement, suggesting that while the labor market may be cooling, it remains resilient. Employers added 187,000 jobs during the month, an uptick from the slower pace seen in... Read More

Japan’s Economy Is Growing, but Political Uncertainty Poses Risks

Image Source Japan’s economy continues to show signs of recovery, with growth reaching an annualized rate of 2.9% in the April-June 2024 quarter. Though this figure is slightly below the previously reported 3.1%, it reflects a steady upward trajectory driven... Read More

Nobel Laureate Joseph Stiglitz Criticizes Fed’s Interest Rate Hikes, Calls for Major Cut

Image Source Nobel Prize-winning economist Joseph Stiglitz recently voiced strong criticism of the U.S. Federal Reserve’s handling of interest rate hikes, arguing that the central bank’s rapid rate increases have been excessive and counterproductive. According to Stiglitz, the Fed’s aggressive... Read More