China Lowers Over-Five-Year Loan Prime Rate to 3.95%
China’s over-five-year loan prime rate drops to 3.95%, signaling potential shifts in the housing and lending markets.
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Australia Maintains 4.35% Interest Rate Amid Ongoing Inflation
The Reserve Bank of Australia holds interest rates at 4.35%, maintaining a 12-year high as inflation remains a key concern.
US Federal Reserve Keeps Interest Rates High, Sparking Recession Concerns
The US Federal Reserve maintains high interest rates, sparking concerns of a recession. Experts weigh in on potential economic impacts.