Cuts

China announced plans for a rare economic briefing by three top financial regulators as it cut one of its short-term interest rates, raising speculation that officials are preparing to step up efforts to revive growth.Most Read from…

On the eve of the first rate cut by the US Federal Reserve since 2020 and since it began raising interest rates sharply two years ago, the gap between the interest rates on the US dollar and the shekel was 1% higher in…

USDJPY DailyMorgan Stanley expects a series of 25 basis point rate cuts by the Fed through mid-2025, and recommends maintaining short positions in USD/JPY, targeting a move towards 138.Key points:Federal Open Market Committee Interest Rate…

The People’s Bank of China is expected to cut its key reverse repo rate today, along with its key lending rates. The Fed’s rate cut this week is expected to pave the way for PBOC cuts.The People's Bank of China has turned to the 7-day repo…

The Federal Open Market Committee cut interest rates by 50 basis points to 4.75% to 5.00% at its September meeting, marking a strong start to the monetary policy easing cycle. It was also the first cut in borrowing costs since the start…

You will notice that the HKCB prime rate is slightly higher than the federal funds rate.The Hong Kong dollar is traded within a range pegged to the US dollar set by the Hong Kong Monetary Authority. You can see the boundaries of the range…

The Fed started its easing cycle by cutting interest rates by 50 basis points. The Fed has “reset” its monetary policy stance away from a period when inflation was high and employment was low. Now the baseline is that inflation is stable,…

The US Federal Reserve today made a major decision to cut interest rates by 50 basis points, reducing the federal funds rate range to 4.75% - 5%. The move, the first major cut in more than four years, reflects concerns about the state of…

According to data from e-commerce marketing platform Omnisend, retailers across the UK saw a 40% increase in product sales during the summer of 2024. This rise came after a busy sales season in June, July and August, with 237,000…

The Treasury has cut its tax target for the next financial year by Sh334 billion and cut spending in changes that signal the government's reluctance to raise taxes amid public anger. Budget review and forecast papers show the treasury…