Category: Economy News
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RBA likely to maintain current rates in September, potential cut anticipated in early 2025: Reuters poll
Australia’s Central bank is expected to maintain its key policy interest rate unchanged on Tuesday and for the remainder of the year, as indicated by economists surveyed by Reuters. Most
DetailBank of Japan to maintain current policies while hinting at future interest rate increases
The Bank of Japan is expected to maintain its current monetary policy stance on Friday, demonstrating confidence in the country’s solid wage growth and consumer spending that could pave the
DetailFormer Kansas City Fed President Warns of Increased Inflation Risk Following Significant Rate Cut
The recent interest rate cut by the U.S. Central bank has sparked concerns about a potential resurgence in Inflation, according to former Kansas City Federal Reserve president Thomas Hoenig. Hoenig
DetailWhat the Fed’s policy ‘recalibration’ means: Powell’s new strategy explained
Federal Reserve Chair Jerome Powell has introduced a new term to describe the Central bank‘s monetary policy, referring to it as a “recalibration” during a crucial moment. Following a recent
DetailBank of England keeps interest rates steady at 5%, boosting pound to highest level since March 2022
The Bank of England kept Interest rates steady at 5% during its latest meeting, while also announcing plans to reduce its stock of British government bonds by another 100 billion
DetailBank of England adopts gradual approach, halts rate cuts
The Bank of England announced on Thursday that it would maintain Interest rates following a previous cut in August, despite the U.S. Federal Reserve’s recent rate reduction. The Monetary Policy
DetailBank of England Holds Rates and Extends Bond Reduction Plan
The Bank of England maintained its key interest rate at 5.0% and announced plans to reduce its holdings of British government bonds by another 100 billion pounds ($133 billion) over
DetailStrategies to Attract Foreign Investment and Boost Savings Urged by Trade Bodies in Britain
Britain is aiming to attract up to $10.2 billion in additional foreign sovereign investment by 2030 through a strategic long-term plan, according to a recent report. The City of London
DetailChina to implement policy measures to boost economy, no large stimulus expected
Chinese policymakers are expected to ramp up measures to support the economy in achieving its 2024 growth target amidst challenging conditions, analysts and policy advisers suggest. Focusing on stimulating demand
DetailThe Fed’s Tough Balancing Act: Ray Dalio’s Insights
Billionaire investor Ray Dalio recently highlighted the significant amount of debt facing the U.S. economy, as the Federal Reserve made its first interest rate cut since the early stages of
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