Fed's Kugler says data will drive Fed policy choices amid uncertainty
Federal Reserve Governor Adriana Kugler said on Friday the U.S. central bank is uncertain about what the economy will deliver ...
China's central bank highlights implementation of structural monetary policy tools
China central bank said on Friday it will effectively implement various existing structural monetary policy tools as part of its work to promote the ...
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China plans major banking policy shifts and increased spending to boost economy in 2025
China is set to implement significant monetary and fiscal changes in 2025, including a substantial increase in treasury bond funding and an expected interest rate cut, as policymakers move to shore up ...
PBoC: Will cut RRR and interest rates at proper time
The People's Bank of China's (PBoC) Monetary Policy Committee said on Friday that they will cut the reserve ratio requirements (RRR) and interest rates at proper time, per Reuters. "Recommending ...
Politicians will hinder central banks’ easing plan
In 2025, the global economy will be in a much better place than at any time since the outbreak of Covid-19. Growth will be ...
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Efforts to narrow interest gap for housing seen paying off
The latest batch of mortgage rate adjustments is aimed at narrowing the interest rate gap between existing mortgages and newly borrowed ones, and up to 50 million households — or 150 million people — ...
Why the U.S. economy is still strong despite the Fed's 2022-'23 rate hikes
In 2022 - the year the Fed started hiking rates - net interest and miscellaneous payments for nonfinancial U.S. corporations began a steep decline, possibly because they started earning more on their ...