01222020Headline:
China cuts interest rate to 5.1%

China Cuts Interest Rate to 5.1%

China cuts interest rate to 5.1% that is 25 basis lower from the earlier benchmark. IMF declared that China may attain a GDP growth of 6% in this year (2014-2015). China’s own government currency valuation committee also agreed with the [...]

US Economy: Fed Reserve announced Interest Rate at All Time Low

Fed Reserve announced Interest Rate at All Time Low: The US Federal Reserve has kept its expected interest rate at a record low toward the end of a two-day policy meeting in Washington, DC. The US central bank has shown it will raise rates [...]