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| Gold V.1.3.1 signal Telegram Channel (English) |
The Federal Reserve’s new chairman has vowed to deliver price stability, but officials are at odds over whether that will require higher borrowing costs. Source: nytimes.com
Most economists, including at the Bank of Canada, were a bit surprised when Statistics Canada reported late last month that the economy contracted slightly over the first three months of the year. Source: bnnbloomberg.ca
Cognizant CEO Ravi Kumar breaks down the difference between companies that simply deploy AI and the companies that turn AI into real outcomes. Source: time.com
Some local business owners say they’ve yet to see sales skyrocket. Source: axios.com
The Personal Consumption Expenditures index is the Fed’s favorite gauge of price increases. Source: nbcnews.com
“People are extremely worried about unexpected expenses, and how they will handle it.” Source: axios.com
Ten years on, it’s clear the warnings should have been heeded Source: ft.com
Singapore now contributes 20% of Maybank’s annual revenue, but its country CEO Alvin Lee hopes to lift that number to 30% by 2030. Source: fortune.com
China’s breakneck economic growth – which lifted incomes at home and reshaped markets abroad – once seemed as inevitable as a law of nature. Source: bloomberg.com
Australia has received its latest unemployment figures after April’s shock jump to a five-year high that economists branded an “ugly” reading. Source: news.com.au
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| Gold V.1.3.1 signal Telegram Channel (English) |