More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.
Schlagwort-Archiv: Markets
Justice Department accuses Visa of debit network monopoly that affects price of ’nearly everything’
Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit
The 61-year-old executive adopted a trading plan for the sale of up to six million Nvidia shares, and he has hit that threshold months ahead of schedule.
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Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation
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China launches probe into Calvin Klein parent over Xinjiang supply chain ‘disruptions’
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China central bank releases slate of support measures amid a deepening economic slump
Beijing will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio, or RRR, by 50 basis points in the near term, People’s Bank of China Gov. Pan Gongsheng said.
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Kashkari said Monday that he expects to dial down the pace of interest rate reductions after the central bank eased policy by a half percentage point last week.
China stimulus calls are growing louder — inside and outside the country
The world’s second-largest economy has remained under pressure from a real estate slump and tepid consumer confidence.