Central banking
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World
The Federal Reserve cuts interest rates by another quarter point. Here’s what that means for you
The Federal Reserve announced Wednesday that it will lower its benchmark rate by another quarter point, or 25 basis points.…
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World
Fed cuts by a quarter point, indicates fewer reductions ahead
WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive…
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World
India’s inflation slows from 14-month high, raising hopes of interest rate cut under new governor
A laborer loads consumer goods onto a supply cart at a wholesale market in Kolkata, India, on November 11, 2024.…
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World
Powell says he’s not worried about the Fed losing its independence under Trump
Jerome Powell, chairman of the US Federal Reserve, right, speaks during the New York Times DealBook Summit at Jazz at…
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World
Euro zone inflation climbs to 2.3% in November, meeting expectations
The stalls at the 590th Dresden Striezelmarkt are brightly lit at the opening. Sebastian Kahnert | Picture Alliance | Getty…
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World
India’s central bank chief warns growing risk of global inflation returning
Shaktikanta Das, governor of the Reserve Bank of India (RBI), during an event at the Peterson Institute of Economics (PIIE)…
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World
‘The market is right’: Former Fed policymaker Mester sees fewer rate cuts next year after Trump’s victory
Federal Reserve chair Jerome Powell speaks during a news conference on Sept.18, 2024 in Washington, DC. Anna Moneymaker | Getty…
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World
Bank of England set for second cut after Labour reveals tax-hiking budget
UK bond yields slip ahead of rate decision U.K. borrowing costs ticked slightly lower Thursday ahead of the Bank of…
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World
Japan’s central bank to remain undeterred on rate hikes despite LDP’s electoral shock, analysts say
Bank of Japan Governor Kazuo Ueda responds to questions during a Governors talk on Japanese inflation and monetary policy at…
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World
Fed officials were divided on whether to cut rates by half a point in September, minutes show
WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to…
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