In a significant monetary policy shift, China has cut benchmark lending rates for the first time since October, aiming to stimulate its economy amid ongoing trade tensions with the U.S. Major state banks have also reduced deposit rates, reflecting a strategy to bolster consumption and loan growth. As officials navigate a challenging economic landscape, questions arise about the effectiveness of these measures in achieving growth targets.
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.
Today's market shows signs of stability as U.S. futures hold steady. With easing trade tensions and excitement in the AI sector, investors are optimistic about potential Federal Reserve rate cuts. Discover how the Magnificent 7 are leading the charge back to market recovery!
April's inflation rate declined unexpectedly to 2.3%, sparking discussions on the impact of President Trump's tariffs and potential interest rate cuts. What does this mean for consumers?
President Trump criticizes Federal Reserve Chair Jerome Powell for not cutting interest rates, calling him 'Too Late Powell.' Amidst strong economic claims, Trump expresses frustration over Powell's decisions.
The U.S. Federal Reserve maintains its benchmark interest rate, signaling uncertainty in the economy. With inflation remaining above target and Bitcoin fluctuating, all eyes are on Powell's upcoming remarks.
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.
In a recent interview, Trump confirmed he won't remove Jerome Powell as Fed chairman, calling him a 'total stiff' while insisting on lower interest rates. He blames Biden for economic issues and continues to push his tariff agenda, claiming it will ultimately benefit Americans.
In a recent interview, President Trump clarified that he has no plans to fire Federal Reserve Chair Jerome Powell despite ongoing criticism regarding interest rate cuts. He hints at a potential change in leadership in the future.
In a shocking turn of events, US stocks and the dollar have plummeted as President Trump unleashes a barrage of attacks on Federal Reserve Chair Jerome Powell, calling for immediate interest rate cuts to avert an economic slowdown.
