Despite ongoing wars, credit rating downgrades, and a growing debt burden, the US dollar has regained its strength. Nonfarm payrolls increased and inflation has gone down, indicating a strong US economy.
Despite prospective rate cuts this year, US interest rates are still at the highs after the Federal Reserve ’s unprecedented monetary tightening .Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength. After declining to its recent low of 100.62 in December last year, the US dollar index is now at 104.29.
Our big frustration in the old Ministry of Energy was the inability to discover a big enough oil or natural gas reserves in... Gokongwei-led Robinsons Land Corp. is kicking off its new residential project pipeline for 2024 on a high note with the launch of its latest property, Mira Residences, in Quezon City.
US Interest Rates Rate Cuts Federal Reserve Monetary Tightening Wars Credit Rating US Dollar Nonfarm Payrolls Inflation US Economy
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