USA – The US Federal Reserve interest rate cuts are marred by current geopolitical tensions, as inflation risks, resilient economic data and rising energy prices cloud the outlook for monetary easing. Investors anticipated the Fed would begin easing borrowing costs in the first half of the year after a prolonged tightening cycle that lifted the […]
Tag: Interest Rates
China Bank Interest Rate per Annum Reduced to 3%
CHINA – The China bank interest rate per annum has been reduced to 3% from 3.1%, the first of its kind in 7 months on Tuesday. A five-year interest rate has been reduced to 3.5% from 3.6%. These cuts marked the first reduction in rates since the central bank’s 25-basis-point cut in October, as the […]