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China keeps benchmark lending rates steady
China keeps benchmark lending rates steady as Fed signals fewer cuts ahead
China kept its main benchmark lending rates unchanged on Friday, as Beijing faces the challenge of bolstering economic growth while backstopping a weakening yuan. The People's Bank of China said it would steady the one-year loan prime rate at 3.
China expected to leave lending benchmarks unchanged amid rate risks
Yield differentials between China and the U.S. hit their widest in 22 years this week, dragging the yuan to its weakest in over a year, despite a Federal Reserve interest rate cut
UK gilt yields jump again after Fed signals go-slow on rate cuts
LONDON (Reuters) -British government bond prices fell sharply on Thursday after the U.S. Federal Reserve shocked global financial markets by signalling it would move slowly with cutting interest rates next year,
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5h
Trump's game, China's move
Recently, the Politburo, China's top decision-making body, opted to respond more actively to economic downturns, boost demand ...
4d
on MSN
Federal Reserve made a 3rd consecutive rate cut today. Here's how it will impact your money.
The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank ...
11d
China's monetary shift signals economic worries, but ‘bazooka-style' stimulus is unlikely, experts say
Despite a flurry of stimulus measures, recent economic indicators have showed the world’s second-largest economy is still ...
3d
on MSN
Trump is looking to create a bitcoin strategic reserve. How would that work?
President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers ...
2d
China Shorter Yields Sink to Two-Decade Low as Bond Fever Builds
China’s short-term bond yields slumped further to reach the psychological milestone of 1% for the first time since the global ...
6d
China may keep trying to spur consumption without big stimulus
Senior officials last week endorsed their strongest pro-growth stance in a decade, indicating bigger government spending and ...
4d
on MSN
Fed Chair Jerome Powell Says, 'We're Not Allowed to Own Bitcoin' Amid Trump’s Push for Bitcoin Strategic Reserve
Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, ...
3d
A Glut of Coal in China Is Set to Push Falling Prices Even Lower
China’s booming coal production is running well ahead of demand at the onset of winter, leading to swelling inventories and ...
4d
China's central bank offers strongest yuan support since July after dollar gains
The People’s Bank of China set the so-called fixing at the strongest bias since July versus the average estimate in a ...
22h
Strong Dollar, Oversupply Concerns Continue To Weigh On Oil Markets
Crude oil markets are heading to 2025 in a largely bearish mood on familiar concerns of oversupply, lackluster demand and a ...
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