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Swiss National Bank Cuts Interest Rates to Zero: What It Means for the Economy

Swiss National Bank Cuts Interest Rates to Zero: What It Means for the Economy

BUSINESS - 6/19/2025

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?

Federal Reserve Holds Steady: What It Means for Your Wallet

Federal Reserve Holds Steady: What It Means for Your Wallet

BUSINESS - 6/18/2025

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.

Market Turmoil: Trump's Tehran Evacuation Call Sends Stocks Tumbling

Market Turmoil: Trump's Tehran Evacuation Call Sends Stocks Tumbling

BUSINESS - 6/17/2025

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.

What Will Jerome Powell Say? Investors Await Fed's Next Move

What Will Jerome Powell Say? Investors Await Fed's Next Move

BUSINESS - 6/15/2025

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?

RBI Slashes Key Interest Rate to 5.5%: What This Means for India's Economy

RBI Slashes Key Interest Rate to 5.5%: What This Means for India's Economy

BUSINESS - 6/6/2025

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 Market Volatility Persists Despite Tariff Reprieve

China's Market Volatility Persists Despite Tariff Reprieve

BUSINESS - 5/15/2025

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.

China Cuts Interest Rates to Boost Economy Amid Trade War Tensions

China Cuts Interest Rates to Boost Economy Amid Trade War Tensions

BUSINESS - 5/7/2025

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 Markets React to Economic Data Amid Mixed Performances

European Markets React to Economic Data Amid Mixed Performances

BUSINESS - 5/5/2025

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.

Zimbabwe Reintroduces Gold Coins to Strengthen Local Currency

Zimbabwe Reintroduces Gold Coins to Strengthen Local Currency

BUSINESS - 4/27/2025

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.

Global Policymakers Relieved as U.S. Dollar Holds Its Ground Amid Turbulent Times

Global Policymakers Relieved as U.S. Dollar Holds Its Ground Amid Turbulent Times

BUSINESS - 4/26/2025

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?

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