Central bank lowers rates by 0.25%, affecting borrowers and savers differently
Federal Reserve Cuts Interest Rates for First Time This Year Peter Navarro, a senior counselor at the White House, spoke positively about President Donald Trump’s TikTok contract and called for more significant cuts from the Federal Reserve. He also defended his own imprisonment, framing it as a political issue, and urged for more accountability within […]
Larry Kudlow Demands a ‘Totally New Fed’ Following Central Bank’s Recent Interest Rate Cut During Trump Dispute
Kudlow Calls for Overhaul of the Federal Reserve Economist Larry Kudlow expressed on FOX Business that the Federal Reserve requires a total revamp. Following a two-day meeting, the Fed decided to cut interest rates, an action Kudlow believes was influenced by increasing pressure from President Donald Trump. During the segment on “Big Money Show,” Kudlow […]
Central Bank Lowers Rates for ‘Risk Management’ as Bitcoin Seeks Potential Gains
The Federal Reserve has shifted back into a mitigation stance after a long wait of about ten months to assess its approach to the U.S. economy. In a much-anticipated decision on Wednesday, the U.S. Central Bank lowered the benchmark interest rate range to 25 basis points, bringing it to between 4% and 4.25%. The Fed […]
Eric Adams pushes for a ban on horse-drawn carriages in Central Park and signs an executive order for a coordinated enforcement effort.
Ban on Horse Carriages in Central Park Approaching A driver of a horse-drawn carriage in Central Park might soon find themselves out of a job. The mayor has recently signed an executive order aimed at implementing a ban on carriages in the park, with the goal set for the end of 2026. This move comes […]
Mayor of New York City advocates for a ban on horse carriages in Central Park, signs an executive order for a multi-agency enforcement: ‘No longer benefit our city’
Carriage Ban in Central Park on the Horizon A carriage driver in Central Park might soon need to rethink their options. The anticipated ban on horse-drawn carriages is coming, as the mayor has initiated an executive order to address this long-standing tradition by the end of 2026. Mayor Eric Adams voiced strong opposition to the […]
Central bank lowers interest rates for the first time this year as employment situation declines
Federal Reserve Cuts Interest Rates Amid Economic Uncertainty On Wednesday, the Federal Reserve announced its first interest rate cut of the year, lowering benchmark interest rates by 25 basis points. This marks the first reduction since December 2024, bringing the federal fund rate to a new range of 4% to 4.25%. The decision comes after […]
Central Bank Reduces Rates by 0.25%
Federal Reserve Cuts Interest Rates Amid Economic Concerns The Federal Reserve reduced its benchmark federal funds rate by a quarter percentage point on Wednesday, lowering it from 4.00% to 4.25%. This decision comes in light of a weakening labor market and ongoing pressure from President Trump, marking one of the most politically charged meetings in […]
Central bank reduces rates as falling job growth raises concerns for the economy
The Federal Reserve lowered interest rates for the first time this year on Wednesday, aiming to alleviate pressure on the faltering job market in the U.S. The Federal Open Market Committee (FOMC), responsible for setting borrowing costs, moved the baseline interest rates to a range of 4-4.25%, reducing them by 0.25 percentage points. Many analysts […]
Costa Rica’s Central Bank Stands by Its Currency Strategy
During President Rodrigo Chavez’s time in office, exchange rates became a key discussion point. A strong Costa Rican currency has led to significant uncertainty across different sectors. Authorities from the Costa Rica Central Bank have repeatedly indicated that the dollar exchange rate remains stable. Last year, the value closed at ¢511.27, while as of July […]
Central bank acquires an additional $353 million, bringing total purchases to $1.7 billion in two months.
Bangladesh Bank has acquired $353 million from 26 banks today. On September 15, 2025, Bangladesh Bank made a significant purchase of $353 million from various banks. This move has been part of a larger strategy to manage market liquidity as the central bank has been active in the dollar market. Highlights of this recent activity […]