Powell: “It’s time” to cut interest rates
US Federal Reserve Chairman Jerome Powell indicated on Friday that the central bank plans to cut interest rates soon, mainly due to concerns about employment growth and the economy. Speaking…
New Zealand cuts interest rates for the first time in over 4 years; further easing announced, kiwi plummets
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank cut its key interest rate for the first time since March 2020, sending the local dollar into a tailspin, while…
