Tag: "interest rates"

Economic

Fed Reduces Rates by 25 Basis Points Amid Easing Inflation

In a widely anticipated move, the Federal Reserve reduced its benchmark interest rate by 25 basis points to 3.75%, marking the lowest level since...

Finance

Gold Prices Stable Near $4160 Supported by Dovish Fed Signals

Gold prices remained steady near $4,160 per ounce on Thursday, following a 1% rise in the previous session, driven by growing expectations of interest...

Business

Bank of England Divided on Rate Cuts as Inflation Hits 3.8%

The possibility of another Bank of England (BOE) interest rate cut this year is growing slimmer as markets adjust expectations following the central bank’s...

Business

ECB Keeps Rates at 2% While Trade Turmoil Clouds Economic Outlook

The European Central Bank (ECB) opted to keep its key interest rate unchanged at 2% during its July meeting, citing significant economic uncertainty stemming...

Business

Deflation Concerns Push Swiss National Bank to Zero Interest Rates

In a widely anticipated move, the Swiss National Bank (SNB) reduced its interest rates by 25 basis points to 0% on Thursday, marking a...

Economic

New Zealand’s Economy Contracts: Central Bank Likely to Slash Interest Rates Further

New Zealand’s economy has officially entered a recession, with GDP plunging far more sharply than anticipated in the third quarter of 2024. The news,...

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