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The Russian ruble is sinking due to economic pressures and sanctions, complicating Putin's military funding and inflation control.
Thomas Barkin emphasizes the need for the Fed to maintain a restrictive policy to ensure inflation trends toward the target level.
U.S. stocks rose on Friday morning, driven by Nasdaq gains, while beverage makers fell following a surgeon general's warning on cancer risks.
U.S. stocks face decline, with the dollar strengthening as investors anticipate minimal rate cuts from the Fed amid robust labor market data.
Russia's economic crisis could facilitate Ukraine peace negotiations for Trump as sanctions and declining revenues strain Moscow's stability.
Experts predict mixed outcomes for interest rates in 2025, with mortgage and credit card rates remaining high despite potential Fed cuts.
This week brings crucial U.S. jobs data and inflation reports influencing global markets amidst concerns over economic growth and tariffs.
Political reluctance to reduce debt could hinder central banks' plans to lower interest rates in a recovering global economy by 2025.
European markets start low as stock prices fluctuate, while the dollar remains strong amid uncertainty about U.S. economic policies.
Russia faces economic turmoil as inflation rises amidst sanctions, challenging Putin's optimistic narrative in his New Year's address.
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