Responding to a question about the statutory requirement for central banks to achieve "moderate long-term interest rates" at a press conference after the rate decision on Wednesday, Federal Reserve President Jerome Powell explained why the three mandates given to the Fed by Congress can in practice be reduced to two major mandates. Central bankers have long positioned their mandate as a dual mandate, namely monetary policy...
On July 29th, US Treasury: Due to the low cash level at the beginning of the quarter, the borrowing estimate for the third quarter is 453 billion US dollars higher than the forecast in April, and the borrowing size forecast for July to September is raised to 1.007 trillion US dollars. It is expected that the net borrowing size from October to December will be 590 billion US dollars.
US Treasury: Due to the low cash level at the beginning of the quarter, the borrowing estimate for the third quarter is 453 billion US dollars higher than the forecast in April, and the borrowing size forecast for July-September is raised to 1.007 trillion US dollars. Net borrowing is expected to be 590 billion US dollars in October-December.
On May 20, China Merchants Bank cut the RMB deposit interest rate on May 20, of which the demand interest rate was reduced by 5 basis points to 0.05%; the regular deposit and withdrawal three-month, half-year, one-year and two-year periods were reduced by 15 basis points, respectively 0.65%, 0.85%, 0.95% and 1.05%; the regular deposit and withdrawal three-year and five-year periods were reduced by 25 basis points, to 1.25% and 1.3% respectively. The three terms of regular zero deposit and withdr...
On May 20, the Industrial and Commercial Bank of China cut the RMB deposit interest rate on May 20, of which the demand interest rate was reduced by 5 basis points to 0.05%; the fixed deposit and take-up of three months, half-year, one-year and two-year periods were reduced by 15 basis points, respectively 0.65%, 0.85%, 0.95% and 1.05%; the three-year and five-year periods were reduced by 25 basis points, respectively to 1.25% and 1.3%. The three terms of regular zero deposit and take-up, whole ...
On May 20, the Bank of China cut the RMB deposit interest rate on May 20, of which the demand interest rate was reduced by 5 basis points to 0.05%; the fixed deposit and take-up three-month, half-year, one-year and two-year periods were reduced by 15 basis points, respectively 0.65%, 0.85%, 0.95% and 1.05%; the three-year and five-year periods were reduced by 25 basis points, respectively to 1.25% and 1.3%. The three terms of regular zero deposit and take-up, whole deposit and take-up, and depos...
On April 29, the US Treasury said on Monday that it expects to borrow $514 billion net in the second quarter, up $391 billion from its February estimate, mainly due to lower cash balances at the beginning of the quarter and lower net cash flow projections. The Treasury said in a statement that the second-quarter financing estimate assumes a cash balance of $850 billion at the end of June. Excluding the lower-than-expected cash balance at the beginning of the quarter, the second-quarter borrowing...
The US Treasury on Monday said it expects to borrow $514 billion net in the second quarter, up $391 billion from its February estimate, mainly due to a low cash balance at the start of the quarter and a lower forecast of net cash flow. The second-quarter financing estimate assumes a cash balance of $850 billion at the end of June, the Treasury said in a statement. Excluding the lower-than-expected cash balance at the start of the quarter, the second-quarter borrowing estimate is $53 billion lowe...
Crypto KOL 0xWizard posted on the X platform to disclose today's ACT price plunge. He said: "Binance adjusted the rules, only three hours were given, and market makers actively or passively positioned squaring, resulting in a series of bursts and stampedes. From the initial opening of ACT to listing Binance, and then to the spot being stopped, the highest floating profit exceeded 10 million US dollars. Today's overall profit was 1 million US dollars, which is a lesson worth 10 million US dollars...
Gold is in an adjustment, pay attention to the support here, the US index encounters strong resistance to suppress, can the pound and the US bulls work together? The key points in Europe and the United States remain unchanged... Click to view...