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Turkish lira and U.S. dollar Resul Kaboglu | NurPhoto via Getty Images Turkey’s central bank on Thursday cut its key interest rate by three points points to 43%, returning down the path of monetary easing. The step marked the first rate reduction since April, when the bank hiked rates to 46% in the wake of … Read more
A customer visits a store at Togoshi Ginza shopping street in Tokyo on January 23, 2025. Philip Fong | Afp | Getty Images Japan’s core inflation cooled to 3.3% in June, coming down from a 29-month high of 3.7% as rice inflation showed signs of easing. The figure — which strips out costs for fresh … Read more
A worker puts konbu sea weed on rice on the riceball production line at the processing factory of Fuji Foods Co., in Funabashi, Chiba, Japan, on Friday, Jan. 26, 2024. Riceballs are one of the 7-Eleven Japan’s most important products, with more than 2 billion sold each year. Photographer: Noriko Hayashi/Bloomberg via Getty Images Bloomberg … Read more
The Federal Reserve has officially joined the FDIC and the OCC in removing “reputational risk” from the list of factors used to assess whether banks can do business with certain industries. This quiet but significant update could change how banks engage with the crypto world. For years, crypto companies in the United States have faced … Read more
Key Takeaways Bitcoin held steady at $104K as the Federal Reserve maintained interest rates at 4.25%-4.50%. The Fed projects two rate cuts in 2025, with a gradual easing to 3.4% by 2027. Share this article Bitcoin hovered around $104,200 on Wednesday after the Federal Reserve left its benchmark interest rate unchanged at 4.25% to 4.50%, … Read more
Key Takeaways eToro plans to launch its US IPO as soon as next week following easing tariff concerns. The company reported $931 million in commission in 2024 up from $639 million the previous year. Share this article eToro may make its US market debut as early as next week, as easing volatility clears the path … Read more
Markets reacted positively on Tuesday amid expectations of improving trade tensions between the United States and China. CNBC’s Eamon Javers, citing a source that attended a White House conference, reported that U.S. Treasury Secretary Scott Bessent stated that both Washington and Beijing view the current tariff structure as undesirable. According to the unnamed source, Bessent … Read more
On Friday, April 11, U.S. stock markets showed resilience, recovering from earlier losses driven by escalating trade tensions and inflation worries. U.S. stocks climbed despite early week volatility, as consumer sentiment dropped and 10-year Treasury yields rose, while investors digested new tariff developments in the U.S.-China trade dispute. The S&P 500 gained 1.81% after fluctuating … Read more
Thai finance minister sees room for easing ahead of central bank rate review
The Bank of England made its first interest rate cut of 2025 on Thursday, resuming monetary easing amid ongoing concerns over sluggish growth in the British economy. The central bank cut its benchmark interest rate by 25 basis points to 4.5%, with a majority of seven members out of the nine-strong monetary policy committee voting … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4