Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to account for progress already made on getting inflation down. Over the course of three meetings, the Fed lowered rates by a full percentage point to a range of 4.25 percent to 4.5 percent, which was maintained on Wednesday.
The question of how far and quickly the yuan will fall depends on Beijing's resolve in countering Donald Trump's tariffs with ...
Base metals declined after US President Donald Trump said he would likely enact tariffs on Mexico and Canada by Feb. 1, hurting market sentiment even as he held off from imposing levies on China.
The 5% expansion is in line with the target set by Beijing, but it is the weakest since 1990, excluding the pandemic years.
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.
Japan's Nikkei was up about half a percent at the midday break, on track to snap a three-day losing run. Australia's stock ...
The card earns bonus points for travel and dining-related spending, which can be redeemed for more value through Chase. It piles on the perks, too, but they come at a price. With a big sign-up ...
The threat of sweeping tariffs, a central plank of his campaign promises, had raised concerns of a resurgence in inflation ...
City's economy is likely to grow between 2.5 and 3 per cent, ANZ chief economist Raymond Yeung says Beijing's recent measures will lead to more capital flows into Hong Kong equities, becoming a key ...
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