Hong Kong matches US Fed’s first rate cut of 2025, in boon for mortgage borrowers, economy
Hong Kong’s de facto central bank cut the city’s base rate for the first time this year, bringing…
Threat of stagflation bears down on world’s largest economy as Federal Reserve decision looms
The US Federal Reserve — the world’s largest central bank — is now less than 24 hours from…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
Chairman of the US Federal Reserve Jerome Powell, from left, Governor of the Bank of Canada Tiff Macklem,…