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Investors maintained bets for further easing, pricing an additional 70 basis points of cuts during the rest of 2025, which would lower rates to near 2 per cent.
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New York leads the list, with London in second place and Hong Kong in third in the Global Financial Centres Index.
A further European Central Bank interest rate cut is likely to go through in March without much resistance among policymakers before the debate between them on further easing becomes more heated, ...
Israel released 110 Palestinian prisoners on Thursday, in exchange for three Israeli hostages held in captivity in Gaza.
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts ...
Iman Helles, a displaced mother sheltering in a facility run by the UN agency for Palestinian refugees in Gaza, fears that ...
A coalition of leading African civil society groups called on the World Bank to exit its investments in for-profit hospitals, ...
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.
Volatility in equities and bonds, as well as potential weakness in non-US currencies, could provide additional boosts to ...
Recent upticks in inflation- such as a jump to 2.4% in December, above the ECB's 2% target- have caused some jitters ...