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19:46
The Central Bank of Zimbabwe announces a reduction in its policy rate from 35% to 30%.
The adjustment of the policy interest rate this time is a monetary policy change made by Zimbabwean monetary authorities based on various factors such as the current state of the national economy and inflation trends. The implementation of this policy will subsequently have corresponding impacts on the local credit environment and market financing costs.
19:41
Citadel Securities: Rising interest rates will pose challenges for risk assets, and the Federal Reserve could raise rates as early as September.
The company's Head of Fixed Income Sales for Europe, the Middle East, and Africa, Nohshad Shah, stated that the current market environment resembles a combination of the internet bubble at the turn of the century and the oil-driven inflation shock of the 1970s. Read more
19:31
Moody's has officially affirmed Hewlett Packard Enterprise's long-term credit rating at Baa2, with a stable outlook.
This rating result reflects Moody's recognition of HP's current business fundamentals, cash flow stability, and medium- to long-term debt repayment ability. The stable outlook also means that the probability of an adjustment to this rating in the near future is relatively low.
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