interest rate cut – Charm

Hong Kong, mainland Chinese consumers adapt to gold prices amid wedding jewellery demand

Cs news9 months ago02 mins

Since the beginning of the year, Kelvin Siu and his fiancée had waited for gold prices to decline before buying jewellery for their wedding. Last week, they finally pulled the trigger to purchase, as gold prices continued to climb to fresh highs. “We had no choice but to buy the gold dragon and phoenix bracelets…

Federal Reserve considers interest rate cuts amid economic challenges from tariffs

Cs news10 months ago10 months ago05 mins

Federal Reserve Chairman Jerome Powell signaled that the central bank might lower interest rates soon, which could reduce monthly credit card payments and facilitate borrowing for cars and homes, but he warned of economic challenges ahead.”In the near term, risks to inflation are tilted to the upside and risks to employment, to the downside. A…