It’s not often that the Bank of Canada decides to make a “jumbo” rate cut, but that’s exactly what it did last week when it cut its policy rate by 50 basis points to 3.75 per cent. A “jumbo” or ...
It's been a few weeks since the U.S. central bank lowered its benchmark interest rate by 50 basis points, its first cut in more than four years, and bankers are optimistic about the prospect of a ...
Fink said the Fed will likely cut interest rates by 25 basis points before the end of the year amid a rise in global inflation. "I think it's fair to say we're going to have at least a 25 ...
That brings us to the Federal Reserve's most recent rate cut. In September, the Fed lowered its federal funds rate by 50 basis points (a basis point is one one-hundredth of a percentage point ...
Investors nearly fully price in a November Fed rate cut, assigning a 96% chance, according to CME FedWatch. Election uncertainty and a widening U.S. deficit add complexity to market outlooks ...
Pan last week said that the central bank might cut the RRR by 25 to 50 basis points by the end of the year depending on market liquidity conditions. Opinions on the potential window for the next ...
Cost pressures are easing, and the Bank of England could therefore cut interest rates more aggressively if the U.K.’s economic slowdown deepens, he says. GBP/USD falls to 1.2950 after the data ...
It is also the second-consecutive month where inflation came in below 4.5%, the midpoint of the Reserve Bank's key target rate. This augurs well for the monetary policy committee's next meeting on 21 ...
The central bank is expected to exercise caution due to the incoming data on US job numbers and inflation. (FE Online) Last month, the US Fed reduced its benchmark rate for the first time in four ...
The hot issue the past week was the policy interest rate cut by the Bank of Thailand on Wednesday. The move surprised the market, with the SET index surging 20 points that afternoon. On Friday it ...
AFTER four years, the long-awaited US Federal Reserve rate cut happened last month (September). It was the first rate cut since the Covid-19 pandemic, resulting in a 50-basis-point decline in the ...
"So therefore, rate cut at this stage will be very premature and can be very, very risky when your inflation is five and a half and next print is also expected to be high," Das said. Refusing to ...