Tag: Economic Stimulus Measures
Bank of Canada Announces Unprecedented 50 Basis Point Interest Rate Cut – Action Forex
The Bank of Canada made an unexpected move by cutting interest rates by 50 basis points, bringing the overnight rate to 3.75% from 4.25%. This decision comes after three consecutive 25 basis point cuts...
ECB Prepares for First Consecutive Rate Cut in 13 Years
The European Central Bank (ECB) is getting ready to implement its first consecutive rate cut in 13 years. It is widely anticipated that the deposit rate will be reduced by 25 basis points to...
Fed’s Rate Cut Supported by Majority, Divisions on Future Easing – Analysis
The Federal Reserve's recent decision to lower interest rates by 50 basis points had the support of a majority of policymakers, as revealed in the meeting minutes. However, the discussions among the officials showed...
Federal Reserve’s Collins Expresses Strong Backing for Additional Rate Cuts
The Federal Reserve's Collins recently voiced strong support for further rate cuts to stimulate the economy. This move is aimed at boosting economic growth and potentially lowering borrowing costs for consumers and businesses. However,...
Fed’s Rate Cut Dilemma: Go Big or Go Small | WSJ Timiraos | Forexlive
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Richmond Fed President Barkin: Insights on Companies’ Hiring and Firing Trends | Forexlive
Thomas Barkin, the Richmond Fed President, recently shared some valuable insights on the current hiring and firing trends in companies. According to him, there seems to be a notable shift in the labor market...