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The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV show. But the stakes are much higher: monetary policy at the world’s most important central bank and its independence from political pressure. The argument comes as President Donald Trump continues to demand that Chairman Jerome Powell … Read more
China on Wednesday eased key monetary policy tools in a bid to boost its ailing economy as it struggles with the effects of weak consumption and Donald Trump’s trade war. The country’s leaders are battling to reignite growth, which has not fully recovered since the COVID-19 pandemic, crippled by sluggish domestic demand and a protracted … Read more
View of MAS building, Singapore Lee Yen Nee Singapore on Monday eased its monetary policy for the second straight time, as the city-state posted a lower-than-expected GDP growth of 3.8% for the first quarter, according to advance estimates. The Monetary Authority of Singapore had eased its policy stance in its January meeting too, loosening policy … Read more
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
The Monetary Authority of Singapore building in Singapore. Wei Leng Tay | Bloomberg | Getty Images Singapore on Friday loosened its monetary policy for the first time since 2020, as it strives to boost growth. The Monetary Authority of Singapore said it would slightly reduce the slope of its exchange rate policy band, known as … Read more
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