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Tag: interest rate

US Fed prepares September rate cut

US Fed prepares September rate cut

US Fed chair Powell has made clear that a rate cut is in view, as markets wait for upcoming job figures to assess the size of any cut.
Aug 26, 2024
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China dramatically shifts interest rate policy

China dramatically shifts interest rate policy

The People’s Bank of China has made the groundbreaking decision to allow banks greater flexibility in interest rate policy. For years it had been of the opinion that rigid control of rate policy would protect banks from painful losses on bad loans.
Jun 11, 2012
Red light. Japan's government halts BoJ's plans.

Japan government plays hardball with BoJ

Japan's central bank policy board nominee was rejected by parliament in a sign the government wants more radical thinkers working on monetary policy.
Apr 18, 2012
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