Tag: monetary policy decision
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%....
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...
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...
BREAKING NEWS
HSBC: Top FX Bank in APAC for FX Markets
In the world of FX trading in Asia-Pacific (Apac), things are really heating up with volumes skyrocketing due to increased volatility. HSBC, a major...
