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27/08/2025
US Treasury Secretary Benson: The trust of the public gives the Federal Reserve credibility.
Latest
2 m ago
This summer, "boat tourism economy" is in full swing! Global orders for sightseeing boats are pouring in.
3 m ago
The Governor of the Bank of Canada, Macklem, stated that the inflation target will be maintained at 2%.
3 m ago
The Bank of Canada plans to maintain its 2% inflation target but is studying the best methods to measure core inflation and how to incorporate housing costs into its monetary policy decisions. Bank of Canada Governor Tiff Macklem outlined some of the issues being considered in the upcoming review of the central bank's monetary policy framework. Due to the direct impact of interest rates on housing demand, "it is worth studying how monetary policy affects the dynamics of the housing sector and how to best incorporate housing affordability into our focus on overall price stability," Macklem said in prepared remarks. The Bank of Canada reviews its mandate every five years, with the next review scheduled for 2026. Macklem hinted that the central bank may adjust the way it assesses core inflation.
4 m ago
The Dow rose 0.3%, the Nasdaq rose 0.44%, and the S&P 500 rose 0.41%. Among the top-traded stocks, Nvidia rose 1.09%, Tesla rose 1.46%, Microsoft fell 0.44%, and Palantir rose 2.35%.
13 m ago
After hours, MongoDB surged 22%, with Q2 revenue of $591.4 million, a year-on-year increase of 24%. The company raised its full-year revenue guidance to $23.4-$23.6 billion.
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