Category: Reprieve
-
Dollar Reprieve Brings Global Funds Back to Emerging-Asia Stocks
•
Bread path links PMN Business Investors are investing in the Asian emerging market shares, as the dollar gathering stops, and the attack of US President Donald Trump proves the initial tariff to punish less than what was previously expected. The author of the article: Bloomberg News Winnie Hsu and Epsik…
-
Reprieve for borrowers as CBK lowers key rate for the first time in 4 years
•
For the first time in four years, Kenya’s central bank has cut its lending rate, giving borrowers relief from loan servicing costs after years of rising rates in a bid to contain inflation and a weak shilling. China’s central bank on Tuesday cut its key interest rate by 25 basis…
-
Jerome Powell Offered Markets a Reprieve. It Vanished in a Blink
•
(Bloomberg) — Wall Street traders cheered Wednesday when Federal Reserve Chair Jerome Powell signaled he doesn’t expect imminent interest rate hikes despite inflationary pressures. The celebration did not last long. Most read from Bloomberg Briefly, US stocks rose to unleash their biggest post-policy meeting rally since December, while Treasury yields…