Deputy Governor Jonathan Heath says Mexico’s central bank still has an opportunity to decrease its benchmark interest rate. In a Banorte podcast published Wednesday, Heath stated that declining economic activity and falling inflationary pressures justify a less restrictive monetary policy.Last month, the Bank of Mexico cut its interest rate by…
The US Federal Reserve kept its benchmark interest rate unchanged on Wednesday, maintaining the range of 4.25% to 4.5% for the third consecutive meeting. The central bank’s decision comes in the face of mounting pressure from President Donald Trump, who has repeatedly demanded aggressive rate cuts to counterbalance the effects…
Gold prices rose on Thursday, reversing a major part of the overnight slide from a two-week high as the US Federal Reserve cautioned against rising inflation and labour market risks. Investors also waited for the outcome of the US-China trade negotiations this weekend. “The initial market reaction to the Federal Reserve’s (Fed)…
Climate change protesters disrupted Australian Woodside Energy’s annual general meeting on Thursday with whistles and shouts. The demonstration heckled Chief Executive Meg O’Neill and caused multiple suspensions, according to a Reuters report.Investor dissent continued against Woodside’s gas projects and sustainability efforts, mirroring the previous year’s sentiment. Shareholder dissentNotably, prominent Australian pension funds…
The US Federal Reserve opted to maintain its key benchmark interest rate within the existing range of 4.25% to 4.5% following its policy meeting on Wednesday, May 7, 2025. This decision to hold steady reflects the central bank’s cautious approach amidst a complex economic landscape characterized by significant global uncertainty…
Shares of Tata Motors have been on an upward swing, gaining more than 3.45% on Thursday, marking a surge of about 8.7% in over just two trading days driven by investor optimism surrounding global trade developments.Analysts and market experts believe Tata Motors is well-positioned to benefit from the recently concluded…
Britain’s unseasonably warm and sunny start to spring is casting a mixed shadow over corporate earnings, helping retailers and hospitality firms while weighing on energy suppliers.As households switched off their central heating earlier than usual, Centrica – the country’s second-largest domestic energy supplier – warned investors on Thursday that its…
The Bank of England reduced its benchmark interest rate by 25 basis points to 4.25% on Thursday, amid subdued economic momentum and easing inflation pressures. The widely anticipated move is aimed at supporting growth as the UK economy contends with weak output and external uncertainties, particularly around global trade.The rate…
Oil prices may have no relief from further downside in the second half of 2025, with increased supply from the Organization of the Petroleum Exporting Countries and allies flooding the market. Saudi Arabia, the kingpin of OPEC+, appears to have run out of patience after months of broken promises, according to…
US stocks remain undecided on Wednesday after the Federal Reserve left interest rates unchanged, citing increased uncertainty surrounding the world’s largest economy in 2025.Amidst a difficult macro environment, Jefferies analysts believe that dividend stocks will emerge as winners in the back half of this year, as they historically do during…