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OTTAWA (Reuters) -The Bank of Canada slashed its key policy rate by 50 basis points to 3.25% on Wednesday to help address slower growth, though Governor Tiff Macklem indicated that further cuts ...
The two interest rate cuts delivered this week by the Bank of Canada (BoC) and the European Central Bank (ECB) likely marked the beginning of a phase of policy easing among major central banks. On ...
How rate cuts work. Central banks cut interest rates for two main reasons: financial conditions are expected to worsen drastically, or inflation has cooled so much that leaving interest rates at ...
The Federal Reserve is expected to cut its key interest rate by 25 basis points on Wednesday. A former Fed president says she would not cut interest rates this week, but she expects the central ...
The Federal Reserve cut interest rates for the second consecutive meeting but this time by a smaller quarter of a percentage point. ... The S&P 500 topped a record high on Wednesday on the news of ...
The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range of 4.25% to 4.5%, down from its ...
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Raphael Bostic, President of the Atlanta Fed and a voting member of the Federal Open Market Committee, which determines monetary policy, told the Financial Times he was open to cutting interest ...