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February 24, 2020
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Reuters - Business

China central bank’s reverse repo rate cut to alleviate economy shock: adviser

Reuters
SHANGHAI (Reuters) – China’s cut to its reverse repo rate should alleviate the shock to the real economy from a virus outbreak and is a good move to stabilize expectations and restore financial market confidence, a central bank adviser said on Monday. Ma Jun’s comments followed an unexpected decision by......
Reuters - Business

Westpac economists now see RBA delaying rate cut to April

Reuters
FILE PHOTO: A pedestrian looks at his phone as he walks past a logo for Australia’s Westpac Banking Corp located outside a branch in central Sydney, Australia, November 5, 2018. REUTERS/David Gray SYDNEY (Reuters) – Analysts at Westpac Banking Corp (WBC.AX) now expect the Reserve Bank of Australia (RBA) will......
Reuters - Business

Fed’s Bostic: ‘High bar’ to any rate hike given need to raise inflation

Reuters
ATLANTA (Reuters) – There is a “high bar” to the U.S. Federal Reserve raising interest rates given the need to raise inflation and guard against any drop in inflation expectations, Atlanta Fed president Raphael Bostic said on Monday. “We worry about that. It is going to be a pretty high......
Reuters - Business

Fed’s Barkin says it’s time to let rate cuts work through economy

Reuters
FILE PHOTO: Federal Reserve Bank of Richmond President Thomas Barkin poses during a break at a Dallas Fed conference on technology in Dallas, Texas, U.S., May 23, 2019. REUTERS/Ann Saphir/File Photo BALTIMORE (Reuters) – Richmond Federal Reserve bank president Thomas Barkin said on Friday it would take a “substantial” change......

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