Dollar Inches Down but “Regains Mojo” as Fed Deflects Early Interest Hike Hopes

© Reuters. By Gina Lee Investing.com – The dollar inched down on Friday morning in Asia but was boosted by rising Treasury yields and a fall in global shares. Investors also continue to contemplate the U.S. Federal Reserve’s deflection of early interest-rate hike expectations. The that tracks the greenback against a basket of other currencies […]

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How Long will the Fed Keep Interest Rates low?

The minutes of the Fed meeting in June showed that officials want to give more certainty to investors about the path of interest rates. More specifically, the Central Bank is exploring the possibility of “tying” low interest rates to some goal, like achieving certain macroeconomic goal. For example, keep rates at current level until unemployment […]

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China to deepen market-based interest rate reform, push property tax law

© Reuters. FILE PHOTO: Man wearing a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing BEIJING (Reuters) – China will deepen market-based interest rate reform and minimize direct interference from government on microeconomic activities, the official Xinhua News Agency said on Monday, adding that it will push […]

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Asian stocks set to slide on U.S. Fed fears, interest rate stance

© Reuters. A man wearing a protective mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a new coronavirus outbreak, at the Pudong financial district in Shanghai By Suzanne Barlyn (Reuters) – Asian equities were set to slump on Thursday after the head of the Federal Reserve warned of […]

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China could target broad U.S. business interest in trade spat: China Daily

© Reuters. China’s President Xi Jinping and U.S. President Donald Trump witness U.S. and Chinese business leaders signing trade deals at the Great Hall of the People in Beijing SHANGHAI (Reuters) – China could target a broad range of U.S. businesses from agriculture to aircraft, autos, semiconductors and even services if the trade conflict with […]

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Bank of Israel to hold key interest rate at 0.1 percent for 26th month: poll

© Reuters. FILE PHOTO: An Israeli flag flutters outside the Bank of Israel building in Jerusalem By Steven Scheer JERUSALEM (Reuters) – Israel's central bank is expected to leave short-term interest rates unchanged for a 26th straight month on Monday, as the economy softened in the first quarter while inflation eased last month. All 10 […]

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