The shares of Google’s parent company Alphabet declined more than 7% following an event of company to promote its new AI-powered chatbot called Bard. Google publicly announced AI-powered Bard recently and expressed that it will begin to roll out the AI-powered Bard technology in the next few weeks. At event in Paris, Google discussed some of the capabilities…
Three of the world’s highly influential central banks reduced their pace of increase in interest-rate hikes. These banks acknowledged that somewhat price pressures are easing but also stressed that inflation is still far from over. The Federal Reserve, Bank of England, and European Central Bank increased interest-rates by 50 basis points following previous increase of…
Federal Reserve authorities are determined to fight inflation and are expecting higher interest rates for some time ahead until the inflation is within the target range of Federal Reserve, as discussed in the Fed’s December meeting. Federal Reserve policymakers at its December meeting raised interest rate by half a percentage point, and expressed the necessity…
