Yearly Archives: 2024
China Cuts Mortgage Rate To Revive Property Market
Written on February 23, 2024 at 6:48 am, by jonywang
China has executed its most substantial cut on record to the five-year loan prime rate in an effort to stimulate its economy. China has executed its most substantial cut on record to the five-year loan prime rate in an effort to stimulate its economy. However, the equity markets, including Hang Seng, have not responded positivelyContinue Reading
China Cuts Mortgage Rate To Revive Property Market
Written on February 23, 2024 at 6:48 am, by jonywang
China has executed its most substantial cut on record to the five-year loan prime rate in an effort to stimulate its economy. China has executed its most substantial cut on record to the five-year loan prime rate in an effort to stimulate its economy. However, the equity markets, including Hang Seng, have not responded positivelyContinue Reading
Fed Meeting Minutes Align with Expectations; PCE Price Index and GDP in Crosshairs.
Written on February 23, 2024 at 6:47 am, by jonywang
Wednesday, 28 Feb, 03:00 – RBNZ Interest Rate Decision In November, the RBNZ maintained its interest rate at 5.50%. Nevertheless, the central bank had earlier indicated a possible rate increase in 2024, citing persistent inflation. Despite the economy technically being in a recession, global markets are bracing for a potential unexpected interest rate hike inContinue Reading
