WELLINGTON, Aug. 20 (Xinhua) -- New Zealand's central bank on Wednesday lowered the Official Cash Rate (OCR) by 25 basis points to 3 percent.

NEW YORK, Aug. 12 (Xinhua) -- U.S. Treasury Secretary Scott Bessent said Tuesday that the Federal Reserve should cut interest rates by 50 basis points (bps) at its next meeting in September, adding th ...