News

Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Trump tariffs have delayed interest rate cuts, Federal Reserve Chair Jerome Powell says
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
U.S. dollar to stay under pressure from tariff, debt and rate cut expectations
The U.S. dollar will remain weak over the coming months, a Reuters poll of FX analysts forecast, caught in a tangle of ...
Fed Chair Powell resists Trump pressure, will wait on rate cuts amid tariff uncertainty
The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation ...
Bank of Baroda cuts home loan interest rate to 7.45%, offers zero processing fees for new borrowers
Bank of Baroda reduces home loan interest rate to 7.45% and waives processing fees for new borrowers, aiming to boost credit ...
Poland's July Rate Cut Not the Start of a Cycle, Central Bank Chief Says
"Further decisions will depend on incoming information, we are not announcing a path of rate cuts, this is not the beginning ...
Australian Household Spending Jumps Suddenly on Rate-Cuts Boost
SYDNEY--Australian consumer demand showed signs of life in May as the impact of interest-rate cuts over recent months drove a jump in spending. Household spending rose 0.9% in May, the Australian ...