The Swiss National Bank has slashed its interest rate to zero, raising the possibility of negative rates in the future. This decision aims to combat low inflation and comes amid global economic uncertainty. What does this mean for savers and the markets?
Fed Chair Jerome Powell announced that the central bank will maintain interest rates amid rising inflation concerns linked to tariffs. This decision could impact borrowing costs and consumer spending in the coming months.
U.S. stock futures dipped as President Trump urged evacuation of Tehran amidst escalating Israel-Iran tensions, raising fears of military action and market instability. Investors flock to safe havens like gold.
As the Federal Reserve signals a hold on interest rates, all eyes are on Chair Jerome Powell for insight into future moves. Will Trump's potential outbursts impact decisions amid global uncertainties?
In a surprising move, India's central bank cut its benchmark interest rate to 5.5%, the lowest since August 2022. This decision, driven by softening inflation and lower growth, raises questions about future monetary policy as the economy adapts to global challenges.
China's equity markets remain volatile despite a tariff reprieve. Meanwhile, Australia sees a surge in employment, and the Chinese central bank relaxes reserve requirements to boost liquidity amidst trade tensions.
In a bold move to counteract the effects of the trade war with the U.S., China's central bank has slashed interest rates and eased lending regulations. This decision aims to stimulate the economy and support growth amid escalating tensions.
European bourses opened mixed as the U.K. markets remained closed for a bank holiday. Investors are keenly awaiting economic data and earnings reports, including major companies like Novo Nordisk and BMW.
In a surprising move, Zimbabwe's central bank is reissuing gold coins to bolster its local currency, the ZiG, just 10 months after halting the program. Discover the implications of this bold financial strategy.
In a week of cautious optimism, global leaders at the IMF and World Bank meetings express relief as the U.S. dollar remains stable despite Trump's inward-focused policies. Can we trust the U.S. economy's future?