Hassett Predicts Fed Rate Cuts Amid Data Dependency and Global Trade Optimism
Kevin Hassett discusses the Federal Reserve's potential rate cuts based on data trends and expresses optimism about US trade negotiations with India, Canada, and China.
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US Crude Oil Inventories Surge by 7.7M Barrels: A Deep Dive into the Latest EIA Report
The EIA reports a 7.7 million barrel increase in US crude oil inventories, with refinery operations slightly down but gasoline production up. Imports and total petroleum inventorie...
US Economy Shows Strong Momentum with 3% GDP Growth in Q2, Says Treasury Secretary Bessent
US Treasury Secretary Scott Bessent reports a 3% GDP growth in Q2, signaling a return of confidence and momentum to the economy. He credits President Trump's policies and anticipat...
Klingbeil Warns: Germany's 2027 Budget Faces a Daunting €30 Billion Shortfall
German Finance Minister Lars Klingbeil warns of a €30 billion budget shortfall by 2027 due to increased spending and interest rates, urging immediate government action and fiscal c...
Bessent Predicts No Fed Rate Cut Today, Calls for More Creative Economic Strategies
US Treasury Secretary Bessent anticipates no rate cut by the Federal Reserve today, suggesting the Fed needs more creativity in its economic strategies. He and President Trump prai...
Vietnam's Durian Exports to China Soar by 70% Amid Enhanced Quality Control Measures
Vietnam's durian exports to China have rebounded with a 70% increase, reaching $360 million, thanks to improved quality control and the popularity of frozen durian. Efforts to meet...
Vietnamese Golden Lychees Make a Splash at Costco, Showcasing Vietnam's Agricultural Excellence
Vietnamese lychees, under the 'Golden Lychees' brand, have debuted at Costco in the U.S., showcasing Vietnam's agricultural excellence. Imported by Dragonberry Produce, these lyche...
Surprising Drop in Italian GDP: A 0.1% Decline Signals Economic Challenges Ahead
Italy's GDP saw a 0.1% decline in Q2, missing expectations, with a slight annual increase of 0.4%. Sectoral impacts varied, with domestic demand up but exports down.
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