The impact of the cut will take time to ripple through the economy. It is expected to lower mortgage rates and loans and ...
The return to two per cent inflation and forecasts for more interest rate cuts are being hailed as good news, but economists warn there's more to the picture.
The Brazilian real and Mexican peso trailed most peers Friday, leaving an MSCI index for emerging-market FX flat for the day. Still, the gauge — which also includes interest earned on those currencies ...