The People’s Bank of China on Thursday, March 20, decided to keep its key lending rates unchanged, as the Asian country is currently trying to support economic growth and stabilize the yuan amid the observed process of intensification of trade frictions.
The Swiss National Bank on Thursday, March 20, decided to cut its key interest rate by a further 25 percentage points, as the country’s economy grapples with depressed inflation.
The European Union delayed the entry into force of retaliatory tariffs on US goods, which were announced after the United States imposed 25% levies on steel and aluminum imports in the current month.
The Bank of England on Thursday, March 20, decided to keep interest rates at the same level, as the United Kingdom is currently facing uncertainty in the context of the prospects for the further dynamic of the global trade situation and is approaching a recession scenario in the country’s economic system.
The Federal Reserve on Wednesday, March 19, decided to leave interest rates unchanged, although at the same time underlined that the cost of borrowing is likely to be lowered later in the current year.
Countries affected by both climate change-induced hazards and military conflicts that cause humanitarian crises have joined their efforts to urge global leaders to accelerate targeted climate financing.
The outgoing group chairman of Standard Chartered Jose Vinals on Tuesday, March 18, at a media briefing in Hong Kong, where the bank’s international advisory council hosted a meeting, said that the President of the United States Donald Trump is unlikely to impose the so-called super tariffs on China and noted that the current configuration […]
United States Treasury Secretary Scott Bessent stated that the underlying economy of the country is healthy and the US currently has no reason for a recession, but at the same time rejected the idea that the downturn cannot be.
In China, in the first two months of the current year, growth in consumption, investment, and industrial production was recorded, which exceeded initial expectations regarding the dynamic of the corresponding indicators.
Hong Kong, [March 27] — Get ready for the most exciting fintech and Web3.0 event of the year! Wiki Finance Expo Hong Kong 2025 is returning on March 27, 2025, to The Sky 100 Hong Kong Observation Deck at the International Commerce Center (ICC). This highly anticipated summit is set to be the largest and […]
The Organisation for Economic Co-operation and Development (OECD) lowered its forecast for economic growth both in the United States and worldwide, noting that US President Donald Trump’s tariffs on goods imported from other countries are a deterrent in terms of the impact on the upward dynamic of gross domestic product (GDP).
The media, citing analysts, claim that China’s economic system probably demonstrated stability in the first two months of the current year, even though the President of the United States Donald Trump began a second trade war between Washington and Beijing almost immediately after returning to power in January.
The United Kingdom’s economic system showed an unexpected decline in January.
On Friday, March 14, gold prices reached the $3,000 per ounce mark for the first time in history.
In the United States, stock indexes showed gains on Friday, March 14, as investors tried to stage a rebound to end a rocky week.
Since President of the United States Donald Trump took office in January, he has imposed new tariffs, with more coming, on imported goods, begun to cull federal jobs and spending, jeopardized political relations with the European Union, and recognized that the US economic system, which at the end of 2024 demonstrated several positive indicators, is […]
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