Hong Kong Central Bank Cuts Interest Rate, Tracks Fed Move

HONG KONG, Sept 19 Reuters The Hong Kong Monetary Authority HKMA on Thursday cut its base rate charged via the overnight discount window by 50 basis points to 5.25, tracking a move by the U.S. Federal Reserve. Hong Kong39;s monetary policy moves in lockstep with the United States as the city39;s currency is pegged to the greenback in […]
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BoE Set to Hold Rates with Bond Sales in Spotlight

Sept 19 Reuters The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs that inflation risks are quashed, putting the focus instead on a decision about bond sales that could feed into Finance Minister Rachel Reeves39; first budget. British inflation held steady in August but sped up in the […]
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BoE to Pause Rate Cuts, Focus Shifts to Bond Sales

Sept 13 Reuters An interest rate cut from the Bank of England next week looks unlikely but investors will be watching its September meeting for clues about future moves, as well as a decision over the pace of its bond sales a hot political topic. All 65 economists in a Reuters poll said the BoE will likely […]
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Chinas CarrotandStick Tactics on EU Nations Start to Pay off

27strong EU will vote on China EV tariffs in October China deploys divideandconquer approach to win majority vote Spanish Prime Minister unexpectedly urges EU to reconsider curbs China commerce minister to meet EU trade chief soon BEIJING, Sept 13 Reuters Beijing, as a vote on EU duties on Chinamade electric vehicles looms, employed a carrotandstick […]
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ECB Cuts Rates as Growth and Inflation Slow

FRANKFURT, Sept 12 Reuters The European Central Bank cut its interest rates on Thursday, saying lower inflation and economic growth were allowing it to take its foot off the brake slightly. The second rate cut in three months marks a gradual normalisation in the ECB39;s policy after the worst bout of inflation in a generation […]
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China Warns Japan of Retaliation over Potential new Chip Curbs, Bloomberg

Sept 2 Reuters China has warned of severe economic retaliation against Japan if it further restricts sales and servicing of chipmaking equipment to Chinese firms, Bloomberg News reported on Monday, citing people familiar with the matter. Toyota Motor 7203.T, opens new tab privately told Japanese officials that Beijing could react to the curbs by cutting Japan39;s access […]
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