Trump Challenges Fed HQ Renovation Costs During Powell Tour
President Trump critiqued the Fed’s HQ renovation budget during a tour with Powell, claiming a $3.1 billion price tag versus the Fed’s $2.7 billion estimate.
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South Korea Central Bank Holds Rate at 2.75%
South Korea’s central bank kept its key rate at 2.75%, signaling stability amid dynamic global economic conditions.
PBOC Rolls Out Broadest and Most Direct Measures Yet
China’s PBOC unveils its broadest and most direct measures yet, reinforcing the nation’s proactive economic stance.
Chinese Central Bank’s Rate Cuts Ignite Global Market Optimism
The central bank of the Chinese mainland cuts key policy rates and reserve requirements, sparking stock market rallies and attracting overseas investors.
Hungary’s Central Bank Governor: Competition with the Chinese Mainland as a Catalyst for Global Stability
Hungary’s Central Bank Governor Gyorgy Matolcsy views competition with the Chinese mainland as a catalyst for building a diversified and stable global financial system.