The Federal Reserve, in a widely anticipated move, lowered its key interest rate by a quarter percentage point on Wednesday, marking the third consecutive reduction. However, this latest easing came with a cautionary undertone, hinting at a more measured approach to further rate cuts in the coming years. This decision,…
On Thursday, the Bank of Japan (BOJ) maintained its benchmark interest rate at 0.25%, citing uncertainties in Japan’s economic…
The USD/NOK exchange rate jumped to its highest level since March 2020 as crude oil prices dropped and as…
The South African rand has remained on edge as emerging market currencies slumped after the hawkish Federal Reserve interest…
The South Korean won plunged to its weakest level in 15 years on Thursday, reflecting heightened economic and political…
New Zealand’s economy contracted sharply in the third quarter of 2024, with GDP plummeting by 1.0% compared to the…
The UK stock market, long overshadowed by its global peers, may finally be on the cusp of a significant…
Moody’s has downgraded the ratings of seven major French banks, including BNP Paribas and Credit Agricole, citing spiralling national…
Europe’s economy enters 2025 in a precarious state. Years of underinvestment in innovation, dependence on exports, and political fragmentation…