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Economy · United States(BOE Report)– Federal Reserve Governor Michelle Bowman on Tuesday said she continues to anticipate that the U.S. central bank will deliver interest rate cuts at its final two policy meetings of 2025. “I continue to see two more cuts before the end of this year,” Bowman said at an event in Washington. The Fed last month cut its benchmark interest rate by a quarter of a percentage point to the 4.00%-4.25% range, its first reduction in borrowing co…See the Story
Fed's Bowman Sees 2 More Interest Rate Cuts This Year
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Interest RateThe Central Bank of the Argentine Republic (BCRA) reduced the Annual Nominal Rate (APR) by 5% due to the projections of a decrease in inflation, resulting in a decrease of more than 100 percentage points in the profits that banks grant through fixed terms. This measure, coupled with the abolition of the restrictions on minimum interest rates, led to a greater competitiveness among banking entities with respect to the remuneration they offer. For…See the Story
