Fed officials were divided on whether to cut rates by half a point in September, minutes show
The Federal Reserve on Wednesday releases minutes from its Sept. 17-18 policy meeting. Source link
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Central banking
New Zealand central bank slashes rates by 50 basis points in second straight rate cut
The RBNZ slashed rates from 5.25% to 4.75% on Wednesday, marking its second straight cut to its interest rate since
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Sterling plunges 1% against the dollar, euro after Bank of England governor’s comments on rate policy
Sterling was down 1.06% to $1.3126 at 9:22 a.m. in London. Source link
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Japan still expected to stick to hiking cycle despite PM Ishiba’s dovish turn
Japanese currency experts are not budging from their Bank of Japan rate policy expectations even as the yen falls. Source
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Fed’s jumbo interest rate cut puts the U.S. on track for a soft landing, Goldman CFO says
The Fed's move to lower interest rates by 50 basis points puts the U.S. economy on track for a soft
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Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Kashkari said Monday that he expects to dial down the pace of interest rate reductions after the central bank eased
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Bank of Japan keeps key interest rate steady as it treads cautiously on normalizing policy
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb
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Ray Dalio says the Fed faces a tough balancing act as the economy faces ‘enormous amount of debt’
On Wednesday, Dalio listed debt, money and the economic cycle as one of the top five forces influencing the global
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What a Fed rate cut could mean for the world
From currencies and commodities; equities to bonds — global markets are braced for the first rate cut by the Federal
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