Tag: Rate cut
China Expected to Announce Rate Cut on October 21, 2024 | Forexlive
China is getting ready to make an announcement on Monday, October 21, 2024. The People's Bank of China (PBoC) plans to set the loan prime rates (LPRs) on that day. Last month, the PBoC...
ECB Rate Cut Review: Implications and Outlook – Action Forex
Today, the European Central Bank (ECB) announced its third rate cut of the year, bringing the deposit rate to 3.25%. This decision was in line with expectations and was made unanimously. The ECB President,...
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...
RBNZ Policy Meeting: Will Interest Rates be Cut by 25 or 50 bps?
The Reserve Bank of New Zealand is expected to announce a rate cut during their policy meeting on Wednesday. The decision to cut rates comes as inflation in New Zealand continues to slow down,...
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3M Stock Price Levels to Watch After Earnings Pop
3M stock experienced a significant increase in its value after the company reported better-than-expected quarterly results and raised its full-year profit forecast. This surge...
