China cuts 1-year benchmark rate to boost economy as world markets lag
China ratcheted up its effort to reinvigorate its economy on Thursday by cutting a key policy rate and interest paid on bank deposits. ADVERTISEMENTThe move…
Japan’s benchmark Nikkei index passes 40,000 for first time in history | Financial Markets
Nikkei 225 gains 1 percent to set a new high after last month beating 1989 record. Japan’s benchmark stock market index has smashed the 40,000…
Fed raises benchmark interest rate quarter of a point
1/2 Jerome Powell, chairman of the Federal Reserve, is known to be predictably measured in his policy statements. File photo by Brendan Smialowski/UPI | License…