Economy Financial News

21.03 / 04:51

markets COST UPS Target economy country China central bank has room to cut bank reserves ratio further, deputy governor says

BEIJING (Reuters) — The deputy governor of China's central bank said on Thursday there is ample monetary policy room to deliver further cuts to banks' reserve requirement ratio (RRR), underlining market expectations for more easing measures to bolster the economy.

21.03 / 03:43

markets economy wellness Trade performer track Rate Cut Gold Prices Gold prices surge to record highs above $2200 on Fed rate cut hopes

Investing.com-- Gold prices hit a record high in Asian trade on Thursday, tracking a sharp drop in the dollar after the Federal Reserve kept interest rates steady and signaled that it was still considering rate cuts this year.

21.03 / 03:43

markets Target economy Nikkei Trade track Rate Cut Asian stocks Asian stocks surge as Fed keeps rate cut hopes alive; Nikkei at record high

Investing.com-- Most Asian stocks rallied on Thursday, with Japan’s Nikkei 225 hitting a record high after the Federal Reserve kept interest rates steady and said it was still considering at least three rate cuts in 2024.

21.03 / 03:43

markets Reuters economy Cycling show reports BOJ chief vows to keep monetary stimulus, nods to price momentum

By Leika Kihara and Tetsushi Kajimoto

21.03 / 03:43

UPS economy wellness Trade show shock Rate Cut Oil prices advance as dollar sinks on Fed’s rate cut talk

Investing.com-- Oil prices rose in Asian trade on Thursday, benefiting from a weaker dollar as the Federal Reserve flagged three interest rate cuts in 2024, while the prospect of tighter supplies continued to buoy crude.

21.03 / 01:53

Progressive Manufacturing CEO security Strategy economy Align TVS, Dabur promoters, HNIs to back Khemani's Rs 5,000-crore PIPE fund

Existing investors such as the promoter family offices of TVS Capital, Ajanta Pharma, Pidilite, Dalmia and Dabur are likely to invest in this Category-III Alternative Investment Fund (AIF), said people in the know. The private investment in public equity (PIPE) fund has already received commitments worth ₹500 crore, they said.

21.03 / 01:39

markets Reuters economy Trade show performer Japan's exports rise as demand in major markets improves

By Tetsushi Kajimoto

21.03 / 01:39

markets UPS economy Nikkei Trade Japan’s Nikkei hits record high; near 41,000 in aftermath of BOJ

Investing.com-- Japan’s Nikkei 225 index rose sharply to record highs on Thursday as investors remained largely optimistic about a dovish Bank of Japan despite the central bank’s first rate hike in 17 years.

21.03 / 01:39

markets UPS DOW economy Trade Rate Cut US stock futures rise as Fed rate cut cheer puts Wall St at record highs

Investing.com-- U.S. stock index futures rose in evening trade on Wednesday, extending a record-high run on Wall Street after the Federal Reserve kept rates steady and stuck to its forecasts of at least three rate cuts this year.

21.03 / 00:41

MET Cooper economy Trade country Relationships British foreign secretary visits Thailand to pursue stronger defense and economic ties

Britain’s foreign secretary has met with Thailand’s prime minister on his first visit to the Indo-Pacific region

21.03 / 00:41

economy President War reports Equality Budget Office report credits immigration and spending deals with improved outlook despite huge debt

The nonpartisan Congressional Budget Office says it expects the federal government will be awash in debt over the next 30 years

21.03 / 00:41

markets COST UPS economy Trade country US retail sales to increase between 2.5% and 3.5% in 2024, trade group forecasts

The largest U.S. retail trade group is forecasting that the country's retail sales will increase anywhere between 2.5% and 3.5% this year

21.03 / 00:41

COST Target economy Equality Czech Republic's central bank cuts a key interest rate again to help the economy as inflation falls

The Czech Republic's central bank has cut its key interest rate for a third straight time amid falling inflation and an effort to help the economy

20.03 / 22:15

UPS Target FIVE economy pandemic show Amid forecast shift, Fed's Powell flags uncertainty over longer-run outlook

By Michael S. Derby

20.03 / 22:15

markets COST economy show track reports Updates Fed sees three rate cuts in 2024 but a more shallow easing path

By Howard Schneider and Ann Saphir

20.03 / 19:19

UPS economy country cover Colleges No ifs or bots,learn to live with AI

AI — may not be as gloomy as it seems. India's tech industry is highly cyclical and should hope to spring back once Western central bankers start pulling back on interest rates. By redefining human-computer interaction, AI is expected to speed up the dispersal of technology across economic sectors.

20.03 / 19:05

UPS Target Progressive economy information reports Fed Officials Still See Three Cuts This Year

Federal Reserve officials didn’t significantly change their outlook for delivering interest rate cuts later this year despite solid growth and firmer-than-anticipated inflation in recent months. Most officials penciled in three rate cuts this year in new projections, the same as in December. The central bank held steady its benchmark federal-funds rate in a range between 5.25% and 5.5%, a 23-year high.

20.03 / 18:57

markets UPS Target economy Diversity show rights Bank of Canada says conditions for rate cuts should emerge this year

By Promit Mukherjee and David Ljunggren

20.03 / 18:57

markets Target Progressive economy Research reports travelers Fed stands pat on rates and view on 2024 cuts, in face of elevated inflation

(Reuters) -The Federal Reserve held interest rates steady on Wednesday, but policymakers indicated they still expect to reduce them by three-quarters of a percentage point by the end of 2024 despite stodgier expected progress towards the U.S. central bank's 2% inflation target.

20.03 / 18:57

markets UPS Waves Progressive economy rowing Fed keeps rates steady, still sees three rate cuts this year

Investing.com — The Federal Reserve kept rates steady on Wednesday, and maintained forecasts for three rate-cuts this year, pointing to the central bank’s confidence that the recent strength in inflation is unlikely to derail the recent progress.

20.03 / 18:37

markets UPS Provident Fighting economy War What the Fed’s latest move means for you

Savers who’ve been enjoying the highest yields in years on bank savings accounts and CDs had been bracing for lower rates. Now they seem likely to get a reprieve. The yields that banks pay are heavily influenced by the Federal Reserve’s interest-rate decisions.

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