Rates
Trump rules out firing Powell while pushing him to cut rates
[BRUSSELS] US President Donald Trump insisted he does not plan to fire Federal Reserve chair Jerome Powell despite his sustained criticism over the pace of interest rate cuts.“Why would...
Bank of Japan keeps rates steady, cuts growth forecasts
[TOKYO] The Bank of Japan (BOJ) kept interest rates steady and cut its growth forecasts on Thursday (May 1), as uncertainty surrounding US tariffs clouds the outlook for the...
Bank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
[TOKYO] The Bank of Japan kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty surrounding US tariffs and the hit to exports...
China keeps lending rates steady; trade war raises bets for stimulus
[SHANGHAI] China kept benchmark lending rates steady on Monday (Apr 21) for the sixth successive month, matching market expectations.Stronger-than-expected first-quarter economic growth data might have reduced the urgency for...
Europe: Shares clock marginal losses after ECB eases rates as expected
[BENGALURU] European shares closed slightly lower on Thursday (Apr 17) after the European Central Bank (ECB) eased borrowing rates as expected, while investors parsed corporate earnings to gauge the...
Maximize Business Savings: How to Get the Best Interest Rates on Deposits
As a business owner, you’re always looking for ways to grow your revenue, but what about optimizing the money you’ve already earned? While cutting costs and increasing sales are...
US dollar benefits from selling exhaustion, ECB cuts rates
[NEW YORK] THE US dollar rallied on Thursday (Apr 17) after its recent weakness across peer currencies appeared exhausted for the time being, while the euro weakened slightly after...
ECB cuts rates again to help economy weather erratic US trade policy
[FRANKFURT] The European Central Bank cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already struggling eurozone economy that...
