The Federal Reserve on Wednesday afternoon (September 18th local time) lowered the federal funds rate to the range of 4.75 ...
Central bank’s aggressive move follows a gradual reduction in US inflation and comes less than two months before election day ...
As recent data show that inflation in the US has fallen below 3 percent, close to the 2 percent target the Fed had set, ...
Post-Fed, economists think chair Jerome Powell has opened the door wider for Bank of Canada governor Tiff Macklem to make bigger cuts.
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With central banks of other advanced economies such as Bank of England, European Central Bank, Sweden and Switzerland already ...
Big banks also see gold gaining more ground. Goldman Sachs Group Inc. is forecasting prices to rise to $2,700 an ounce by ...
The BSE Sensex surged by 1,400 points to close at 84,544.31, while Nifty rose over 1% to 25,790.95. This rally is driven by ...
The People’s Bank of China announced that its five-year loan prime rate, which affects borrowing costs for households, would stay at 3.85 per cent and its one-year rate, which is tied to business ...
The stock market is already riding the tide of expected interest rate cuts. On August 20, CNBC reported that the stock market ...
Gold ( GC=F) hovered near record highs Thursday, supported by the Fed’s jumbo rate cut and a weakening dollar. Analysts ...
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