[Photo/Xinhua] BEIJING -- China's central bank on Friday announced a cut in the reserve requirement ratio (RRR) by 0.5 percentage points for financial institutions. Starting Friday, the weighted ...

That's especially true as multiple additional cuts are expected, which could bring the benchmark rate down to 2.875% by year-end 2026, per JPMorgan. Here's the good news and the bad news for ...

The US Federal Reserve on Wednesday said it has decided to cut its key rate by 0.5%, its first rate cut since March 2020. US Federal Reserve cuts key rate by 0.5% | NHK WORLD-JAPAN News US Federal ...

The United States Federal Reserve has finally announced a significant 0.5 percent cut to its interest rates, marking the start of what many analysts anticipate will be a sustained phase of ...

The Swiss National Bank’s easing cycle will extend into next year, with economists now predicting two more interest-rate cuts at the upcoming ... the key rate to 0.5%, the poll of economists ...

Addressing a news conference in Beijing, Pan Gongsheng, governor of the People’s Bank of China, said that mortgage rates for existing homes would be cut by about 0.5 percentage points to better align ...

This was the main reason for the Fed’s September 2024 policy decision to cut rates by 0.5% amid declining inflation rates and a softening labor market. It can also be done to stabilize financial ...

The Riksbank lowered the so-called policy rate by 0.25 percentage points to 3.25 percent, as expected stopping short of a "double cut", i.e. 0.5 percentage points. But it said such a cut could be on ...

Depending on the market liquidity situation later this year, the RRR may be further lowered by 0.25-0.5 percentage points, Pan said. China's central bank will cut the seven-day reverse repo rate ...

New Zealand's economy shrank by 0.2% in the June quarter, bringing its annual growth rate to -0.5%. Last month, Westpac NZ senior economist Michael Gordon said he expected the RBNZ to cut its ...

Stocks jumped Thursday as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut. The Dow closed ... and South Korea’s Kospi 0.5% up. Hong Kong’s Hang Seng was ...

is among ministers demanding she announce more money for the aid budget and warning about the damage the cuts will cause. However, the Chancellor is preparing to let spending on aid fall to 0.5 ...