Fed to cut rates, first time since 2008
The U.S. Federal Reserve is about to take the unusual step of cutting interest rates for the first time since 2008.
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interest rates
ECB could signal a September rate cut this week
European Central Bank (ECB) President Mario Draghi didn’t leave any doubt about his institution’s conviction to do…
Japaneses Yokohama, Chiba banks team up to counter low interest rate environment
Bank of Yokohama Ltd and Chiba Bank Ltd on Wednesday said they have agreed to establish a business partnership, as…
Fed’s Powell warns against policy relying on ‘short-term political interests’
U.S. Federal Reserve’s Chairman Jerome Powell emphasised on the central bank’s independence in a speech on Tuesday…
U.S. economy seen a ‘mild’ recession by 2020, EU investor says
The U.S. economy could experience a “mild” recession by next year even as the Federal Reserve is seen as…
Egypt’s c.bank likely to keep interest rates steady – Reuters poll
Egypt’s Central Bank is expected to keep interest rates steady at its meeting on Thursday, a Reuters poll showed on…
Fed probably will ignore Trump’s call to cut interest rates
President Trump said on Twitter the Fed should cut its key overnight lending rate by a full percentage point and…
Asia stocks mixed after 10-year Treasury yield falls
Asian stocks were mixed on Thursday afternoon following an overnight decline on Wall Street after the…
US economy is slowing but is there is no chance of recession: Fed’s Evans
Chicago Federal Reserve President Charles Evans says the U.S. economy has slowed, yet he downplayed chances of a…
Egypt’s central bank likely to keep key rates: Reuters Poll
Egypt’s central bank seen maintaining interest rates at its meeting on Thursday, a Reuters poll showed on Monday,…
