Cuts

Prior 1.75%Easing of policy made possible as fight against inflation has been effectiveInflation likely to remain in the range below 2% over the next few yearsToday's easing ensures that monetary conditions remain appropriate2024 inflation…

SlavkoSereda/iStock via Getty Images Crude oil futures finished lower Wednesday, edging off five-month highs after back-to-back session gains, weighed by strength in the U.S. dollar even after some gains were trimmed following the…

A housing market recovery will benefit home improvement retailer Lowe's (LOW) more than competitor Home Depot (HD), according to Mizuho Americas director David Bellinger.The reason lies in Lowe's increased exposure to DIY home…

Canadian CPI, USD/CAD AnalysisCanadian inflation slows more than expected in February – raising USD/CADMarkets bring a potential BoC cut closer while delaying the onset of Fed cutsUSD/CAD’s bullish response tapered off but pair heads for…

EUR/USD News and AnalysisECB member favours multiple rate cuts ahead of the summerEUR/USD flirts with familiar zone of resistanceMore ECB speakers scheduled today as event risk quietens downThe analysis in this article makes use of chart…

Justin Sullivan/Getty Images News Wells Fargo cut Tesla (NASDAQ:TSLA) to its lowest rating Wednesday, citing the potential for more price cuts that could hit the bottom line. Analyst Colin Langan downgraded TSLA to a Sell-equivalent…

The weakened against its U.S. counterpart on Tuesday, as hotter than expected U.S. inflation data had markets considering the prospect of a rate cut from the U.S. Federal Reserve coming The rose by 3.2% last month, quicker than…

VanEck has announced a temporary reduction of its management fee to zero. Despite its push for Bitcoin adoption, the asset management firm behind the spot Bitcoin exchange-traded fund (ETF) named HODL, has struggled to amass investments…

© Reuters. On Monday, JPMorgan made an adjustment to its stance on Kingsoft Cloud (NASDAQ: KC), upgrading the stock from Neutral to Overweight, while simultaneously reducing the price target to $4.20 from the previous $4.50. The…

Market Wrap and Week Ahead - w/c March 11thRecent commentary from ECB President Christine Lagarde and Federal Reserve Chairman Jerome Powell suggest that both central banks are looking to start a series of interest rate cuts in June.In his…