chairjerome powell suggested as much. as we approach the end of the year, it s natural to look back on the progress that has been made toward our dual mandate objectives. inflation has eased from its highs, and this has come without a significant increase in unemployment. these are things we want to see. why might the rate hiking cycle has included 11 increases. government data showed inflation dropped from 9.1% in mid-2022 to 3.1% in november. that is above the target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. for wall street the dowjones international average jumped to record close. this is the third time in a row of the central bank decided against another rate hike. for investors satisfied with what the fed has done is when it will start cutting rates? there is a lot to digests in america big questions about whether a cut is likely. we will talk about that than i want to come onto the uk and europe. what is your as
earl to it s coming. wait for it. it is to early to spectate it s coming. wait for it. it is to early to spectate by it s coming. wait for it. it is to early to spectate by cutting - early to spectate by cutting interest rates, we have to see more progress, i m encouraged by the progress, i m encouraged by the progress that we have seen but it is too early to start speculating that we will be cutting soon. weight it was worth waiting for. victoria scholar, head of investment, interactive investor we heard from the bank of england, let s talk about the ecb and the bank of england, no great surprise rates didn t move. what everyone is pouring over is any indication about when rates might come down, as we heard there we shouldn t get our hopes up, should be? heard there we shouldn t get our hopes up, should be? know, for uk money markets. hopes up, should be? know, for uk money markets, they hopes up, should be? know, for uk money markets, they are hopes up, should be
In recent years, the global energy landscape has witnessed a significant shift towards sustainability and decarbonization. As nations strive to reduce their carbon footprint and co.
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