Tag: Central bank
Fed Chair Indicates Unlikely Interest Rate Drop in Senate Hearing
Federal Reserve Chairman Jerome Powell made it clear during a recent Senate committee hearing that there are no immediate plans to cut borrowing costs, citing a robust job market and ongoing inflation as reasons...
Bank of England Cuts Rates and Halves Growth Forecast
The Bank of England recently made a significant announcement that has caught the attention of investors, economists, and the general public alike. In a move that surprised many, the central bank decided to cut...