InterestRates - My Global News: Voices of a New Era

China’s Loan Prime Rate Holds Steady in August

My NewsAugust 20, 202402 mins

China’s one-year and over-five-year loan prime rates remained unchanged in August, maintaining 3.35% and 3.85% respectively, signaling market stability.

Business

Fed Holds Interest Rates Steady, Signals Possible Cuts to Combat Inflation

My NewsAugust 2, 202402 mins

The U.S. Federal Reserve maintains current interest rates but hints at possible cuts by September to tackle ongoing inflation.

Fed Signals September Rate Cut Amid Rising Real Interest Rates

My NewsJuly 26, 202403 mins

The Federal Reserve is expected to cut interest rates in September 2024 amidst rising real interest rates, with up to three more cuts predicted by year’s end as part of a controlled policy normalization.

China’s Top Banks Reduce RMB Deposit Rates: Latest Changes Explained

My NewsJuly 25, 202402 mins

Six of China’s largest commercial banks have lowered RMB deposit rates, marking a significant shift in the country’s banking landscape.

Fed Maintains High Rates, Straining Global Economies

My NewsJune 19, 202404 mins

The Fed’s decision to keep interest rates high continues to strain the global economy, weakening currencies and increasing debt burdens in emerging markets.

Business

ECB Holds Steady: Interest Rates Remain at Record High

My NewsApril 11, 202401 mins

The European Central Bank has kept key interest rates steady at record highs, maintaining the main refinancing operations at 4.50%, marginal lending at 4.75%, and deposit at 4.00%.

Bank of Japan Ends 17-Year Negative Rate Policy with First Interest Rate Hike

My NewsMarch 19, 202403 mins

The Bank of Japan has ended its 17-year negative interest rate policy and implemented its first rate hike, signaling a shift away from prolonged monetary easing to achieve stable inflation.