Bank of England Cuts Interest Rates as British Economy Weakens
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Bank of England Cuts Interest Rates as British Economy Weakens

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The Bank of England cut interest rates on Thursday for the third time in about six months, amid signs of weak economic growth in Britain and an unexpected slowdown in inflation. Policymakers cut the key rate a quarter point to 4.5 percent as…

Here’s What to Know About Trump’s Tariffs
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Here’s What to Know About Trump’s Tariffs

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump on Saturday signed executive orders imposing sweeping tariffs on the country’s three largest trading partners, a move that risks unleashing a damaging trade war. Trade wars were a feature of Mr. Trump’s first term in the White House, too. But his…

European Central Bank Cuts Interest Rates as Economic Growth Stagnates
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European Central Bank Cuts Interest Rates as Economic Growth Stagnates

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The European Central Bank cut interest rates on Thursday, for the fifth consecutive time, amid slowing growth in the region’s economy. Policymakers lowered the bank’s key rate a quarter point to 2.75 percent as inflation remained relatively close to their 2 percent target….

U.S. Economy Grew 2.3 Percent in Fourth Quarter
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U.S. Economy Grew 2.3 Percent in Fourth Quarter

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Growth slowed but remained resilient at the end of 2024, leaving the U.S. economy on solid footing heading into a new year — and a new presidential administration — that is full of uncertainty. U.S. gross domestic product, adjusted for inflation, grew at…

What to Watch at the Federal Reserve’s First Meeting of 2025
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What to Watch at the Federal Reserve’s First Meeting of 2025

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The Federal Reserve is set to stand pat at its first gathering of 2025, pressing pause on interest rate cuts as policymakers take stock of how the world’s largest economy is faring. After lowering interest rates by a full percentage point last year…

U.S. Imposes New Sanctions to Squeeze Russia’s Energy Sector
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U.S. Imposes New Sanctions to Squeeze Russia’s Energy Sector

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The United States on Friday announced new sanctions targeting Russia’s energy sector and its “shadow fleet” of oil tankers in what could be a final attempt by the Biden administration to cripple the Russian economy in response to Moscow’s war in Ukraine. President…

Rate-Cut Decision Was Narrow, Fed Minutes Show
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Rate-Cut Decision Was Narrow, Fed Minutes Show

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Federal Reserve officials cut interest rates as expected last month. But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee policymakers will lower rates again anytime soon. The minutes of the central…