BBCNEWS Business Briefing July 14, 2024
Global trade tensions, geopolitical uncertainty, its all playing on the minds of the worlds top central bankers this week. The most important, the Us Central Bank. It will tell us later today if it plans to cut the cost of borrowing to shelter its economy from the fallout. This week the Us Federal Reserve, bank of japan and bank of england all tell us the direction of rates. While the European Central bank, which met on tuesday, said its willing to cut rates or launch more stimulus if needed. As tensions rattle the global economy, Central Banks around the world are moving toward looser policy ...