The central bank’s outreach to companies has taken on new significance as the outlook for growth and inflation gets cloudier.

Money markets price in the next Fed rate cut for June, according to LSEG data. The 10-year Treasury yield rises 2 basis points to last trade at 4.297%, according to Tradeweb. ([email protected]) ...

tracking a move by the Federal Reserve (Fed). Major Hong Kong banks followed with reductions, but some at a smaller magnitude. HSBC cut its Hong Kong dollar best lending rate by 12.5 bps to 5.25% ...