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The Federal Reserve is expected to cut interest rates by 25 basis points on Thursday. It follows a 50-basis-point rate cut in September — the first cut in four years. The Fed forecasts another quarter ...
It also slashed benchmark borrowing costs by the largest amount in 16 years - bringing rates down between 4.75 percent and 5 percent with a 50 basis point cut. Investors are all but certain the ...
(This story was updated because an earlier version included an inaccuracy and to add new information.) After slashing its key interest rate by a hefty half percentage point in September, the ...
OTTAWA--Senior Bank of Canada officials agreed on a half-point rate cut to help a weak economy, although some policymakers worried this could fuel expectations for a series of outsize reductions ...
The Bank of Canada ultimately opted for a half-percentage point interest rate cut, bringing its policy rate to 3.75 per cent. "A number of factors were mentioned to support this decision.
Doves are in control at SBP. A 250 bps rate cut has been announced, slightly exceeding market expectations. Some votes, primarily from external economists within the monetary policy committee ...
STOCKHOLM (Reuters) - Sweden's central bank is likely to cut its policy rate by half a percentage point to 2.75% when it meets this week, aiming to boost the weak economy and keep inflation from ...
STOCKHOLM (Reuters) - Sweden's central bank is likely to cut its policy rate by half a percentage point to 2.75% when it meets this week, aiming to boost the weak economy and keep inflation from ...