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About: anakin
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The CEO of Goldman Sachs, Solomon, believes a 2025 US recession is unlikely but possible.
David Solomon believes a U.S. recession by 2025 is unlikely but possible, highlighting fiscal spending’s economic impact.
Amid trade and geopolitical concerns, investors drive gold prices up over 1% as the dollar weakens.
Gold prices rebounded over 1% as geopolitical tensions and falling Treasury yields boosted safe-haven demand.
Japan’s finance minister Kato reassured that the country isn’t devaluing the yen amidst discussions.
Japan’s finance minister Kato stated they are not devaluing the yen, citing monetary policy as the cause.
In January, South Korea’s service sector output decreased from 1.7% to -0.8%.
South Korea’s service sector declined, AUD struggles, Gold remains pressured, and Ethereum drops amid market uncertainty.
Japan’s unemployment rate for January reached 2.5%, slightly above the anticipated 2.4%.
Japan’s January unemployment rate is 2.5%, exceeding expectations. The job-to-applicant ratio rises to 1.26 amid economic concerns.
