The Federal Reserve announced a quarter-point interest rate cut and signalled it could enact two more cuts this year.
US Fed’s focus moves from inflation to jobs as it makes first rate cut of 2025
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Hong Kong central bank cuts interest rate, tracking Fed; banks follow
The rate is charged via the overnight discount window
China leaves policy rate unchanged after Fed rate reduction
The seven-day reverse repo rate now serves as the economy’s main policy rate
Bank of Japan may raise rates in October even if Takaichi wins leadership race,...
The Bank of Japan could raise interest rates in October even if Sanae Takaichi, a proponent of aggressive monetary easing, wins...
Huawei bypasses Nvidia AI chips in computing breakthrough for China
US-sanctioned Huawei is playing a leading role in finding solutions that can empower China’s AI ambitions without relying on foreign tech.
