Morgan Stanley’s Chief Economist Predicts Rate Cuts ‘This Year’ as Market Eyes Federal Reserve’s Next Move
This year, mirroring last year’s speculation, market observers are keenly awaiting decisions from the U.S. Federal Reserve concerning…
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Benchmark Rate
4 posts
2 Rate Hikes or Hold? Fed Predictions Vary From No Rate Hikes to 6% in 2023
Based on projections from the U.S. Federal Reserve, it is anticipated that the central bank will implement two…
South African Rand Plunges to New Low After Benchmark Interest Rate Is Raised to 14-Year High
The South African fiat currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of…
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised…