Pan told a news conference the central bank will in the near future cut the amount of cash that banks must hold as reserves - known as reserve requirement ratios (RRR) - by 50 basis points (bps ...

“The BSP only signaled one 25-bps rate cut for the rest of 2024, showcasing that the BSP isn’t in much of a rush to loosen the monetary reins,” Dacanay said. “This has also been our long ...

Phobias are among the most common psychological disorders, and are the most common anxiety disorder. An estimated 6% of the population suffer from full-blown arachnophobia, for example, while around 1 ...

Listen to Story US Fed's 50 bps rate cut surprises markets, signals policy shift Indian equity markets expected to consolidate amid global uncertainty Lower interest rates may benefit India’s ...

This is the first time the Fed has reduced rates since 2020, and it has been done to address slowing economic growth and easing inflation in the US. Listen to Story Indian markets may see short-term ...

Global markets responded swiftly to the Fed’s announcement. Initially, the US dollar weakened as traders digested the impact of the unexpected 50 bps cut. The dollar index dipped to its lowest point ...

In a closely watched decision, the U.S. Federal Reserve opted for a larger 50-bps reduction in interest rates yesterday, rather than a more traditional 25-bps rate cut. Yesterday's rate cut marks ...

US Fed rate cuts: The US Federal Reserve, on Wednesday, September 18, 2024, announced its decision to cut the interest rate by half a percentage or 50 basis points to fight off a slowdown in the labor ...

(Reuters) - BofA Global Research raised its forecast for the Federal Reserve's anticipated interest rate cuts for the remainder of this year to 75 basis points, after the U.S. central bank kicked ...

Here’s everything you need to know. You can’t entirely prevent apples from browning over time, but you can slow down the process. Oxygen is the enemy here. “Either create a protective ...

The impact of interest rate cuts on borrowing costs, particularly for mortgages, clearly illustrates the difference between a 25 bps and a 50 bps reduction in savings. This is how either decision ...

Manish Singh, Market Expert, says the reason the Fed is going to cut by 50 bps and why it should cut 50 bps is that if the inflation is on track to be at 2%, (it is at 2.5% now), what justifies the ...