Tag: GDP growth
China Cuts Lending Rates Amid Economic Slowdown
China’s central bank, the People’s Bank of China (PBOC), cut its key lending rates by 10 basis points on Tuesday as part of efforts to [more…]
UK Retail Sales Surprise with Broad February Rebound
Shoppers defy forecasts despite weak economic backdrop British retail sales unexpectedly rose 1.0% in February, defying analyst expectations of a decline amid sluggish economic growth, [more…]
Fed Holds Rates as Economic Uncertainty Grows
Policy Stalemate Amid Trump’s Economic Shifts The Federal Reserve signaled a lack of clear direction on future monetary policy as it grapples with economic uncertainty [more…]
Bank of Canada Lowers Interest Rates to Support Economic Growth
The Bank of Canada announced today a reduction in its target for the overnight rate to 3.75%, with the Bank Rate set at 4% and [more…]
