News list for " lowering"
Argentina's presidential spokesperson: Argentina will reduce grain export taxes.
The Federal Reserve's Mr. Bostic said officials should be cautious in their decision-making, preferring to keep interest rates high given uneven progress in reducing inflation. In a podcast recorded on December 9 and released on Tuesday, Mr. Bostic also said he expected inflation to continue to fall gradually to the Fed's 2 per cent target this year. He said he expected price pressures to subside, although at some point it might look like...
Reserve Bank of Australia President Block: "The final stage of reducing inflation" is facing difficulties.
According to Matrixport's latest weekly report, global central banks' efforts to reduce their reliance on the U.S. dollar and the rapid rise in sovereign debt are driving the continued growth of bitcoin and gold. In 2024, gold rallied 31% and bitcoin surged 59%, outperforming traditional assets such as bond ETFs and the S & P 500's 22% gains. With the approval of bitcoin spot ETFs and massive investments by companies such as MicroStrategy, bitcoin's importance in the financial ecosystem has beco...
On September 24th, some media reported that the adjustment of the interest rate of the stock mortgage is expected to be implemented in Guangzhou this week. The reporter learned from people close to the supervision that the head office of the People's Bank of China has not yet released the official document of the reduction of the stock mortgage, and the plan and adjustment method need to be clarified.
On September 14, the State Financial Supervision and Administration issued the Notice on Promoting Non-Bank Financial Institution Groups to Support Large-scale Equipment Updates and Trade-in of Consumer Goods. It proposes to encourage consumer finance companies and auto finance companies to provide relevant consumer credit and auto finance services. Encourage consumer finance companies to provide financial support for trade-in of consumer goods. Encourage auto finance companies to increase finan...
On July 25th, China Construction Bank cut the RMB deposit interest rate on July 25th, of which the demand rate was reduced by 0.05 percentage points; the deposit and withdrawal for 1 year and below was reduced by 0.1 percentage points; and the 2-year and above was reduced by 0.2 percentage points. Zero deposit and withdrawal, zero deposit and withdrawal, and deposit principal interest rates were reduced by 0.1 percentage points.
On July 25th, the Industrial and Commercial Bank of China lowered the interest rate of one-year, two-year, three-year and five-year RMB time deposits to 1.35%, 1.45%, 1.75% and 1.8%. (Previously 1.45%, 1.65%, 1.95% and 2.00% respectively)
On July 20th, according to the Shanghai Municipal People's Government, the Shanghai Municipal Commission of Commerce, the Shanghai Municipal Development and Reform Commission and the Shanghai Municipal Finance Bureau recently jointly issued the "Shanghai Municipal Action Plan for Accelerating Automobile Renewal Consumption (2024-2027) ". The action plan will be implemented from July 19, 2024, and the valid period will end on June 30, 2027. It is mentioned that the Financial Institution Group is ...
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