Tag : interest rates

Business

China pledges tech support, trade balance and market reforms

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by iraqupdate.com019
BEIJING: China’s top economic and financial officials pledged expanded support for technology firms, a push toward more balanced trade and deeper capital market reforms during a news conference...
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

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by iraqupdate.com020
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving...
Business

Bank of Japan lifts rates to highest level in 30 years

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by iraqupdate.com060
TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in...
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Bitcoin gains momentum as investors bet on 2025 Fed rate cuts

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by iraqupdate.com091
Bitcoin surged past $96,000 as Fed’s Raphael Bostic signaled rate cuts in 2025, boosting investor optimism and driving expectations of a shift in U.S. monetary...
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UK growth forecast slashed as Bank of England lowers rates

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by iraqupdate.com077
The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....
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Bitcoin at $105,000 as Powell backs banks serving crypto customers

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by iraqupdate.com0144
Bitcoin jumped past $105,000 after the Fed kept rates steady, with Chair Powell confirming banks can serve crypto clients if they manage risks effectively....
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US inflation persists as Trump’s tariff threats add economic concerns

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by iraqupdate.com090
Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price...
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Trump calls for immediate rate cuts as Fed meeting approaches

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by iraqupdate.com095
Despite calls from President Trump for immediate rate cuts, the Federal Reserve is poised to maintain current interest rates, leaving consumers struggling with persistent high...
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Japan raises interest rates to 0.5 percent amid inflation concerns

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by iraqupdate.com090
Japan raised its interest rate to 0.5%, the highest since 2008, citing inflation and wage growth, signaling a shift in the Bank of Japan’s long-standing...