U.S. and Switzerland in Talks to Slash 39% Tariffs — Will This Spark a Swiss Franc Comeback in Forex Markets?
The United States and Switzerland are reportedly working on a deal to cut down the 39% tariff imposed on key Swiss exports — a move that has sent ripples across both global trade and Forex markets.
Bessent Dismisses “Tariffs as a Tax” Narrative — Says AI Could Drive U.S. Job Boom Amid Falling Mortgage Rates
In a recent MSNBC interview, U.S. Treasury Secretary Bessent struck an optimistic tone about the American economy, dismissing fears that tariffs automatically translate into higher consumer costs and highlighting what he called a “gigantic drop in mortgage rates.”
RBNZ Rate Cut Forecast: What to Expect on November 27, 2024
With New Zealand’s economy under strain and signs of a potential recession, the RBNZ is set to announce a 50-basis point rate cut. Explore the factors influencing this decision and the potential ripple effects on markets and the NZD.