St Louis Fed president Alberto Musalem said: ‘It was appropriate to begin with a strong and clear message to the economy that we’re starting from a position of strength’ A top Federal Reserve official ...
Investors are likely to be following the European Central Bank meeting on Thursday for its outlook on Eurozone interest rates, after the market was forced to radically rethink its forecasts in recent ...
The one-year loan prime rate (LPR) was cut by a quarter percentage point, or 25 basis points (BPs), to 3.1%, while the five-year LPR, on which many lenders base their mortgage rates, was also trimmed ...