China, central bank
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year ...
China Cuts Short-Term Policy Rate Unexpectedly
The People's Bank of China unexpectedly lowered its short-term policy rate by 10 basis points and pumped more liquidity into the ...
China expected to trim main policy rate and lending benchmarks: Reuters poll
China is widely expected to trim its main policy and benchmark lending rates on Friday, a Reuters poll showed, after the ...
China Leaves Benchmark Lending Rates Unchanged, Defying Expectations
China kept its benchmark lending rates unchanged on Friday, despite growing expectations for a cut after the U.S. Federal ...
China to Cut Rates on $5 Trillion Mortgages as Soon as September
China is poised to cut interest rates on more than $5 trillion of outstanding mortgages as early as this month, according to people familiar with the matter, as it accelerates a move to reduce the ...
Oil edges higher US interest rate cut counters weak demand
Oil prices rose slightly on Monday after last week's cut to U.S. interest rates and a dip in U.S. crude supply in the ...
Oil News: Light Crude Nears Major Moving Averages, Fed Rate Cut Lends Support
Fed’s unexpected rate cut boosts crude prices. Traders eye $72.21 resistance, with moving averages near $72.61 and $72.94 in ...
The Wall Street economist who nailed the Fed’s ‘joyous’ rate cut sees the same thing again
"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically a joyous cut as ebbing inflation allows the Fed to act to preserve a strong ...