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BBCNEWS Business Today October 9, 2024 - Vimarsana News

BBCNEWS Business Today October 9, 2024

The issues china is facing. Short of these stimulus packages, we don't know a great deal about where the money is being spent. Would you be looking for in order to try and turn these futures around 7 one of the big issues is the banking system is huge in china, it is loaded with bad debts. It's been forced to lend to bad projects for so long so the first thing to do is rescue the banks of this is something that the fed did after the financial crisis. —— system. Instead of giving them more money to lend and using that money to set up a fund, buy from them all of the bad assets and let them ...

BBCNEWS Business Today September 21, 2024 - Vimarsana News

BBCNEWS Business Today September 21, 2024

Cut of half a Percentage Point on wednesday has spurred investors sending us markets into record highs. Traders cheered the Central Banks big call cutting the main Interest Rate to between 4. 75 and 5 . Opening the door with a bang on the first rates Easing Cycle in more than four years. President biden hailed the move as good news for consumers but said there was more work to be done in taming inflation. Lets be clear. The fed lowering Interest Rate is not a declaration of victory, its a declaration of victory, its a declaration of victory, its a declaration of progress. Its a Signal Weve ent...

BBCNEWS Business Today September 20, 2024 - Vimarsana News

BBCNEWS Business Today September 20, 2024

In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent ...

BBCNEWS Business Today September 20, 2024 - Vimarsana News

BBCNEWS Business Today September 20, 2024

Bumper cut the Federal Reserve slashes the cost of borrowing by half a Percentage Point. We take a look at what this says about the us economy. And the Bank Of England are minutes away from telling us whether theyre cutting rates or not. Markets think theyre staying where they are. Welcome to business today. We start in the us, and a big move by the Central Bank in cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a Percentage Point bringing it down to between 4. 75 and 5 . A drop la...

BBCNEWS BBC News Now September 20, 2024 - Vimarsana News

BBCNEWS BBC News Now September 20, 2024

Moment, we have that figure from the Bank Of England, some Breaking News here and Bbc News which is that the Bank Of England has held Uk Interest rates at 5 . So this is the figure from the Bank Of England holding Interest Rates at 5 . That was the expectation from analysts and economists. This followed on from the latest Inflation Figures, uk wide Inflation Figures, uk wide Inflation Figures, uk wide Inflation Figures which show that inflation had held at 2. 2 . But bringing our Cost Of Living corresponded. What is your reaction to these latest figures . It your reaction to these latest fi. U...