Fed and Peers Will Go Ahead With Rate Cuts After This Week’s US Election
Breadcrumb Trail LinksPMN BusinessThe Federal Reserve and many rich-world peers are widely expected to lower interest rates again in the coming week, right after a…
Birth rate plunges to lowest in 50 years as Millennials shun families amid financial fears & relationship difficulties
THE birth rate has dropped to its lowest in close to 50 years.Just 591,072 new arrivals — the smallest number since 1977 — were recorded…
Bank of Canada interest rate decision official statement
Breadcrumb Trail LinksNewsEconomyReduces key policy rate to 3.75%Published Oct 23, 2024 • 3 minute read You can save this article by registering for free here.…
US women having abortions at the same rate as before ban: New study | Health News
A study shows women in the US are getting around state bans by using telehealth to obtain abortion pills.Women in the United States who live…
BofA Extends FX Rate Guarantees To A Year
Following growth in cross-border payments, Bank of America on Sunday introduced Guaranteed FX Rates of up to one year, the longest tenor available in the…
ECB rate cuts: ‘We’re breaking the neck of inflation,’ says Lagarde
Inflation is on track to hit the medium-term 2% target in 2025. The ECB remains data-dependent, with no pre-commitment to future rate changes. ADVERTISEMENTIn a…
Euro under pressure ahead of European Central Bank interest rate decision
The euro began its downtrend against the US dollar at the end of September after reaching a 15-month high. Despite a potential near-term rebound, analysts…
Will ECB deliver another interest rate cut at this week’s meeting?
The ECB is expected to announce a rate cut on Thursday, responding to falling inflation and worsening economic conditions. Eurozone inflation fell to 1.8% in…
Week ahead in the markets: ECB interest rate decision takes centre stage
The European Central Bank (ECB) is expected to announce a 0.25% rate cut this week, marking the third reduction this year. Key economic data from…
ECB Is Set to Deepen Global Easing With Rate Cut It Didn’t Expect
Breadcrumb Trail LinksPMN BusinessThe European Central Bank will probably advance the global push for monetary easing in the coming week with an interest-rate cut that…
Euro falls to two-month low as Fed shows no rush for further large rate cuts
The euro weakened to a two-month low against the US dollar following the release of the Federal Reserve meeting minutes. The trend is likely to…
Sub 3% mortgages ‘possible’ as Bank of England hints at more ‘aggressive’ interest rate cuts and lenders make reductions
SUB 3% mortgages could be on the cards as the Bank of England hints at more "aggressive" rate cuts. It comes after a host of…
RBA Holds Key Rate at 12-Year High, Defying Global Easing
Breadcrumb Trail LinksPMN BusinessAustralia’s central bank held its key interest rate at a 12-year high on Tuesday as it struggles to subdue stubborn price pressures…
Markets lookahead: Global manufacturing PMIs, SNB, and RBA rate decision
This week is packed with key economic data and events, including manufacturing and services PMIs from major economies, alongside interest rate decisions from the Swiss…
Dow finishes week in record territory following Fed’s interest rate cut
Pedestrians walk near the New York Stock Exchange in New York City on Wednesday as the Federal Reserve Board announced its first interest rate cut…
CIBC Says Rate Cut Means Time Has Come to Buy Discount Bank Stocks
Breadcrumb Trail LinksPMN BusinessNow is the time for equity investors to move out of premium-traded Canadian banks and into discounted banks, analysts at Canadian Imperial…
Pound rockets to more than two-year high after BoE rate decision
Sterling soared to its highest level in two and a half years against the US dollar after the Bank of England held its interest rate…
What the Fed’s jumbo rate cut means for European and global markets
The Fed's substantial rate cut could result in a further loosening of global liquidity, prompting a shift in capital across asset classes and stock sectors.…
Why does a US rate cut matter? | Business and Economy
The United States Federal Reserve has cut interest rates for the first time since 2020.It was seen as the clearest signal yet that central banks…
The Fed announces big interest rate cut, the first reduction since 2020
WASHINGTON — The Federal Reserve, hoping to give a strong adrenaline shot to the economy, on Wednesday announced a big half-point reduction in interest rates and…