European Commission President von der Leyen said that we will extend the suspension period of countermeasures against US tariffs until early August. We have always made it clear that we prefer to reach a solution through negotiations with the United States, and this position remains unchanged. Countermeasures are designed for exceptional circumstances, and we have not yet reached the stage of using them.
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EU President: Suspension of countermeasures against US tariffs will be extended to early August
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BTC breaks $90,000
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Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.
according to economists surveyed, Federal Reserve officials are expected to vote next week to cut interest rates again to guard against the rising risk of a sharp deterioration in the labor market. The median of respondents shows that the Fed is expected to implement two more 25 basis point rate cuts within the year starting from March 2026. Next week's rate cut will continue the momentum of rate cuts from the policy meetings in September and October. A considerable majority also expect Fed officials to once again reiterate the statement that "the downside risks to employment have increased in recent months," as they did in October. The Federal Reserve will announce its decision at 2 PM Washington time on December 10, followed by a press conference held by Chairman Jerome Powell. -
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White House National Economic Council Director Hassett: It's Time for the Fed to Cautiously Cut Interest Rates
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The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.
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Social media platform "X" has been fined €120 million by the European Union for violating content regulations.
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