Fed and politics: Central bank delivers jumbo rate cut ahead of presidential election
Donald Trump continued his criticism of the Federal Reserve’s move to cut interest rates by 50 basis points less than two ...
AI may lead to inflationary pressures: Bank of Canada
Bank of Canada Governor Tiff Macklem discusses the inflationary pressures and financial stability risks posed by artificial ...
China Ex Central Bank Adviser Proposes $1.4 Trillion in Stimulus Measures
HONG KONG (Reuters) - China could issue ultra-long-term treasury bonds within two years to generate at least 10 trillion yuan ($1.4 trillion) worth of stimulus to the economy, a former central bank ...
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
People's Bank of China unexpectedly holds LPR rates steady in September
The People’s Bank of China kept its one- and five-year loan prime rates unchanged at 3.35% and 3.85%, respectively, on Friday ...
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
Crypto.com gains payment service license from Bahrain central bank
Crypto.com strengthens its MENA presence by obtaining a full payment service provider license from Bahrain’s Central Bank, ...
Berkshire Eagle23h
The Fed's half-point interest rate cut surprised the markets
The Fed's giant-sized rate cut may have at least delayed the downside that usually accompanies this seasonal period in the ...
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...
US inflation data cemented big cut for one Fed official, dissent for another
Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage ...
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
What lower rates mean for markets
With the Federal Reserve shifting gears and cutting interest rates by a half point, it’s time for investors, households and ...