Cuts

BoE Stands Pat (Vote Split: 2 Hike, 6 Hold, 1 Cut)BoE keeps rates unchanged – MPC casts first vote for a rate cut but two hawks hold firm, voting for another hikeBoE forecast sees inflation fast approaching target only to turn higher until…

© Reuters. By Niket Nishant and Nupur Anand (Reuters) -Regional U.S. bank stocks sank on Wednesday, dragged down by a 37% plunge in the shares of New York Community Bancorp (NYSE:) after it cut its dividend and posted a surprise…

© Reuters. A person walks dogs through a park in front of the city skyline at sunrise in Sydney, Australia, August 28, 2022. REUTERS/Loren Elliott/File Photo SYDNEY (Reuters) -Australian consumer price inflation slowed more than…

2/2 © Reuters. Chinese yuan banknotes are seen in this illustration picture taken April 25, 2022. REUTERS/Florence Lo/Illustration 2/2 By Archishma Iyer (Reuters) - Bearish bets on multiple emerging Asian currencies gained momentum…

Companies EABL cuts dividend as profit drops 22pc to Sh6.7 billion Thursday January 25 2024 EABL chief executive Jane Karuku. FILE PHOTO | NMG East African Breweries Plc (EABL) cut its interim dividend by 73.3 percent to Sh1 per…

© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo By Kevin Yao…

© Reuters HONG KONG - Bank of America has downsized its investment banking division in Hong Kong, parting ways with senior staff including Winnie Ng and Jessica Li. This move comes amidst a substantial decline in revenue and tough…

The Chancellor, Jeremy Hunt, has given strong hints that he wants to cut taxes in the spring Budget. Mr Hunt said that countries with lower taxes have more “dynamic, faster growing economies”. In the Autumn Statement, the chancellor…

The Chancellor, Jeremy Hunt, has given a strong hint that he wants to cut taxes in the spring Budget. Mr Hunt said that countries with lower taxes have more “dynamic, faster growing economies”. In the Autumn Statement, the chancellor…

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