Tag: Economy
German economy could shrink again in Q3, Bundesbank warns By Reuters
FRANKFURT (Reuters) - The German economy could shrink again in the current quarter, given a deep industrial recession, subdued investment and abundant consumer...
Fed to “get pushed into deeper” rate cuts in 2024
brics-news -- The Federal Reserve will "get pushed into deeper" interest rate reductions later this year following an aggressive borrowing cost cut by the central...
Analysts weigh in on Fed’s super size rate cut By brics-news
brics-news -- The Federal Reserve on Wednesday implemented its first interest rate cut since the early stages of the COVID-19 pandemic, reducing benchmark rates...
China expected to trim main policy rate and lending benchmarks: Reuters poll By Reuters
SHANGHAI (Reuters) - China is widely expected to trim its main policy and benchmark lending rates on Friday, a Reuters poll showed, after...
Hong Kong central bank cuts interest rate, tracks Fed move By Reuters
HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50...