Tag: Central bank

Fed unlikely to cut rates next year as economy set to ride Trump fiscal boost

Banks tap Fed Standing Repo Facility in record numbers amid month-end pressures

ECB keeps rates unchanged as economy holds up for now

Bank of Canada cuts benchmark rate to 2.25%

FULL TEXT- Bank of Canada lowers key rate to 2.25%

Another restaurant has closed its doors for good. While restaurant closures have surged in recent years, driven by economic uncertainty, rising costs, and slowing consumer spending, this case involves more than just the typical financial troubles. Despite its prime location along San Antonio’s …

US Treasury’s Bessent calls for ’sound’ monetary policy in Japan

Dollar slips as traders brace for Trump-Xi, central bank meetings

The retail sector has battled a variety of economic challenges this year that have resulted in a decline in revenues for certain companies and financial distress. Retailers have often blamed higher costs of labor and products driven by rising inflation, increased interest rates on their debt …

We are now in the second-longest government shutdown era, and its impact can be felt in growing dissatisfaction among furloughed workers, economic instability in regional banks, and increasing uncertainty over back pay. Meanwhile, the stock market remains largely unaffected, and once again, on …