Similar Stories to China Slashes Key Interest Rate For First Time Since 2008 on Bing News

China will cut a major interest rate on Thursday for the first time since 2008 as the Asian superpower works to shield itself from the European debt crisis, market fluctuations and its own slowing growth.

Topics:  asian   european   china   time   interest rate   
BING NEWS:
  • Interest Rate Hikes Are More Likely Than Cuts This Year, One Economist Predicts Ahead of Fed Meeting
    The Fed paused the federal funds rate at a target range of 5.25% to 5.5% in August last year after raising interest rates 11 times between March 2022 and July 2023. Inflation reacted quickly, dropping ...
    04/29/2024 - 10:48 am | View Link
  • Drops in commodity prices worldwide have ‘hit a wall’ — that’s bad news for inflation: World Bank
    The days of energy and other commodities serving as a deflationary force could be nearing an end, the World Bank warned.
    04/29/2024 - 5:09 am | View Link
  • May Fed meeting preview: Are rate cuts canceled or just delayed? Watch for these 3 key themes as inflation stays hot
    To be in a situation where the economy has remained resilient enough that the Fed has to keep rates at their current levels in order to get inflation down, that’s a much more positive outcome than had ...
    04/28/2024 - 5:10 pm | View Link
  • What To Expect From The Federal Reserve's Interest Rate Policy Meeting Wednesday
    If you’re waiting for interest rates to fall for mortgages or other loans, better sit tight: it might be a while.
    04/28/2024 - 3:58 am | View Link
  • Want interest rate cuts this year? Too bad
    While inflation is better than in 2022 when it topped 9%, it is showing signs of resurgence. That may make the Fed reluctant to cut interest rates much in 2024. There's even a worry the Fed won't ...
    04/25/2024 - 4:01 pm | View Link
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