US Federal Reserve hikes interest rate

Source: Dukascopy Bank SA
The US Federal Reserve has just hiked its Federal Funds Rate by 0.75%, which was expected by the markets. In addition, the Federal Open Market Committee has issued its monetary policy statement.
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Thu, 28 Jul 2022 12:33:34 GMT

US GDP moves financial markets

On July 28, at 12:30 GMT, the United States Bureau of Economic Analysis published the US quarterly Advance GDP data for the second quarter of 2022. The market consensus for the GDP was at 0.4% growth. The actual data revealed a decline of -0.9%.

Thu, 28 Jul 2022 14:30:06 GMT

Carrefour increases savings

The European largest food retailer Carrefour has announced that it would increase its 2022 cost saving targets and is confident in the second half of the year.

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