Hong Kong's monetary authority on Friday cut its benchmark interest rate by 25 basis points to 5%, mirroring the U.S.
I reached these conclusions upon studying the 3-month U.S. Treasury bill BX:TMUBMUSD03M rate since January 1954. That rate is not the same as the federal funds rate over which the Fed has ...
Jerome Powell-led FOMC last reduced the policy rate by 50 bps for the first time in four years in September after leaving it ...
The FOMC meeting today has taken a somewhat back seat to the US election this week. Of course, that was to be expected, but ...