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In a significant move for home loan borrowers, HSBC, Hong Kong's largest bank, has launched a new fixed-rate mortgage plan with lower interest rates. This initiative arrives as hopes rise for a ...
US President Donald Trump continued to increase pressure on the Federal Reserve yesterday by moving to fire Governor Lisa Cook "effective immediately", a step the independent central bank official ...
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Morgan Stanley joins global peers with September Fed rate cut outlook as Powell shifts tone
Morgan Stanley has joined a growing bloc of global brokerages forecasting a September interest rate cut by the U.S. Federal ...
Powell highlighted a cooling labor market, with the unemployment rate at 4.3%, “still low by historical standards but almost ...
Having enjoyed a brief session on Friday of unalloyed joy as Fed Chair Jerome Powell hinted at a September rate cut, ...
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