Fed Chair Jerome Powell, in his Jackson Hole speech, signaled that the time has come for the Fed to change policy and cut interest rates. The Federal Open Market Committee (FOMC) is currently signaling a shift towards a more dovish monetary policy stance. “We will do everything we can to support a strong labor market Read more: Time has come to cut interest rates: Jerome Powell..
The World Robot Conference 2024 (WRC2024), started in Beijing from August 21 to 25, has once again showcased the latest advancements in robotics and artificial intelligence. This year’s conference has been particularly noteworthy for its focus on humanoid robots, with over 20 types on display, highlighting China’s growing prowess in this field. The conference theme, Read more: World Robot Conference 2024 noteworthy for its focus on Humanoid Robots: check highlights..
The minutes from the Federal Open Market Committee (FOMC) meeting held on July 30-31, 2024 released highlights a “Strong Inclination Towards a Rate Cut in September”. The “vast majority” of Fed officials expressed support for potentially lowering interest rates at their next meeting in September, if inflation continues to cool down as expected. Several participants Read more: FOMC minutes highlights a strong inclination towards a Rate Cut in September..