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Supported Dec. rate cut
Fed Official Says Further Rate Cuts Can Wait
St. Louis Fed President Alberto Musalem suggests greater caution is warranted on reducing interest rates.
Strong December job growth could augur fewer Fed interest-rate cuts. Here's why.
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
Rate-Cut Decision Was Narrow, Fed Minutes Show
But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee policymakers will lower rates again anytime soon. The minutes of the central bank’s Dec.
Fed's Bowman: supported Dec. rate cut as 'final' recalibration step
Federal Reserve Governor Michelle Bowman on Thursday said she supported last month's interest-rate cut as the "final step" in the U.S. central bank's monetary policy recalibration, with rising inflation risks dictating a cautious approach ahead.
Fed’s Bowman Sees Rate Cuts on Pause Until Inflation Declines Again
Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation has resumed its downward trend. Bowman was the lone dissenter on the FOMC’s September decision to lower the federal-funds rate by half a percentage point,
Fed's Bowman Prefers Cautious, Gradual Approach to Rates
Federal Reserve Governor Michelle Bowman says she is concerned that the current stance of monetary policy "may not be as restrictive as others may see it." She speaks at a California Bankers Association event.
China’s Central Bank Stops Buying Bonds
China's central bank halts bond buying, possibly with eye on yuan
China's central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring speculation that the move was aimed at defending a falling currency.
China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.
China’s central bank increases gold reserves
China’s central bank increased its gold reserves for the second consecutive month in December, signaling a renewed interest in the precious metal after a six-month pause due to soaring prices. Data released on Tuesday showed that the People’s Bank of China’s gold holdings rose to 73.
21h
on MSN
Peru central bank cuts benchmark interest rate to 4.75%
Peru's central bank trimmed its benchmark interest rate by 25 basis points to settle at 4.75% on Thursday, surprising ...
3d
Central Bank Gold Statistics: November 2024
Assessing the final act of 2024, central banks around the world continued to play a leading role in the demand for gold.
4d
Chile Central Bank Warns of ‘Significant Risks’ Around Rate Path
Chile’s central bank said its future monetary policy decisions should consider significant risks including short-term ...
12h
Indian lenders clamor for durable liquidity infusion from central bank
Indian lenders have asked the central bank to infuse durable liquidity into the banking system in the wake of the significant ...
Business Times
1d
Thai central bank rebuffs demand for steps to boost inflation
THAILAND’S central bank is comfortable with the outlook for subdued inflation as it focuses the monetary policy to ensure ...
1d
Top Federal Reserve official says central bank is ‘pretty close’ to meeting key targets
A top Federal Reserve official has said the US central bank is “pretty close” to meeting its objectives on inflation and ...
4d
on MSN
Thai central bank says maintaining interest rate is a robust policy amid uncertainty
Thailand's central bank said on Monday holding the key interest rate steady last month was a robust policy as the economy ...
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