The People's Bank of China (PBOC) said it cut the rate on 300 billion yuan (US$42.66 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions to 2.00 per ...

SHANGHAI (Reuters) -China’s central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad policy easing measures announced a day earlier to shore up a ...

(RTTNews) - China's central bank lowered the rate on medium-term lending facility on Wednesday after unleashing an aggressive monetary easing package on Tuesday. The interest rate on medium-term ...

NEW YORK, Sept 20 (Reuters) - Wall Street closed flat on Friday ... Federal Reserve's 50-basis-point cut midweek that started a rate reducing cycle. Days after the rate cut, two Fed governors ...

The Fed initiated a gradual easing of monetary policy with a half-percentage-point rate cut on Wednesday, anticipating an additional half-point reduction by the end of the year. * Following the ...

Um I look at the employment data, labor market data is telling us how they really need to calibrate the size of those rate cuts. If they were to go 50 again at the next meeting, talk to us about the ...

HONG KONG — Asian markets were mixed Wednesday as traders tried to ascertain how big an expected Federal Reserve (Fed) interest rate cut would be later in the day, while the dollar held gains against ...

A previous version of this story misstated the amount of monthly interest on an average credit-card balance. The Federal Reserve lowered interest rates by half a percentage point on Wednesday, a ...

An interest-rate cut has arrived — and it's a big one. On Wednesday, the Federal Open Market Committee announced it would be cutting interest rates by 50 basis points. It's the first time the ...

Bond investors that have been frantically wagering on the size of the Federal Reserve’s first interest-rate cut in four years are about to find out whether they made the right trade. The market ...