The Federal Reserve is expected to hold interest rates steady, shifting attention to Fed Chair Jerome H. Powell’s news conference Wednesday.
With stimulus in flux, focus is on Powell to outline economy’s fate
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Coronavirus only a blip for China’s belt and road plan, says former central bank chief
Global monetary easing and low interest rates could benefit the Belt and Road Initiative, China’s former central bank governor said on Monday, brushing aside concerns about the future of Beijing’s top geopolitical project as the global economy is hammered by the coronavirus outbreak.Zhou Xiaochuan, who was governor of the People’s Bank of China for more than […]
Russia cuts interest rates to a post-Soviet Union low
The Central Bank of Russia said that lockdown measures had weighed on economic activity for longer than expected, with GDP likely to contract by more than previously thought in the second quarter.
Foreaders 