Cut

By Samuel Indyk and Ankur BanerjeeLONDON (Reuters) - The dollar fell slightly on Monday as a weak U.S. jobs report boosted bets that the Federal Reserve may cut interest rates this year, while the yen fell after suspected intervention last…

Written by Sarobiya GangulyBENGALURU (Reuters) - The US dollar's rise will remain steady and may trade more strongly than expected in the coming months if policies from the Federal Reserve and other major central banks diverge,…

Busia Senator Okiya Umtatah has moved to court seeking to overturn the Mobile Termination Rates (MTR) set by the Kenya Communications Authority (CA) last November, arguing that they are arbitrary and the highest in the region. The…

In an unprecedented move, the Cabinet in its final meeting before the Passover holiday today approved an across-the-board flat budget cut in all ministries, despite resolute opposition by Minister of Finance Bezalel…

Investing.com - The U.S. dollar edged lower in early European trade Monday, but remained elevated amid uncertainty over Federal Reserve rate cuts and with heightened Middle East tensions denting risk appetite. At 04:00 ET (09:00 GMT), the…

Breadcrumb Trail LinksPMN BusinessBritain is starting to rein in inflation at a quicker pace than the US, underscoring a divergence between the two economies that may allow the Bank of England to move sooner on cutting interest rates than…

What is the MLF?The PBOC's MLF rate is a benchmark interest rate that banks in China can use to borrow funds from the People's Bank of China for a period of 6 months to 1 year, as medium-term liquidity to commercial banks.The rate is…

As expected, the Bank of Canada (BOC) maintained its overnight rate at 5.00% and kept its quantitative tightening program in April. Turned out, there was a “clear consensus” among BOC members to hold their policies steady for the month.…

(Reuters) - European shares opened higher on Friday, powered by gains in blue-chip stocks, as investors remained optimistic after the European Central Bank hinted that it could begin interest rate cuts as soon as June. The pan-European…

Economists at Bank of America have revised their projection for a Federal Open Market Committee (FOMC) rate cut, citing the, you guessed it, hotter-than-expected CPI data for March. BoA were calling a June FOMC rate cut.In shifting their…