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Federal Reserve Governor Lael Brainard: It is time to consider replacing interest rate benchmarks, the federal funds rate benchmark is outdated.

26/09/2025

In a speech given on Tuesday and in an accompanying essay, Dallas Fed President Logan proposed replacing the Federal Reserve's benchmark federal funds rate, which has been the main tool used by the Fed to control the national economy since the 1980s, with a more widely used market indicator.

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2 m ago

Qingdao releases action plan for fund development, building a 300 billion yuan fund matrix.

3 m ago

Hong Kong's automotive and auto parts sector continues to rise, with XPeng Motors up more than 6% as of the time of writing. Chery Automobile, Leapmotor, NIO, and others are also following the upward trend.

3 m ago

Hong Kong stocks in the automobile and auto parts sector continued to rise, with XPeng Motors rising more than 6%.

4 m ago

The main contract of the CSI 1000 Stock Index Futures fell more than 1% intraday, now reporting at 7217.8 points.

5 m ago

Hong Kong-listed wind power stocks continued to rise, with Rui Feng New Energy up nearly 7%, China High Speed Transmission up 6%, Goldwind Science and Technology and Dongfang Electric up more than 4%, Longyuan Power up 2.5%, Datang New Energy up nearly 2%, New Tian Green Energy and Beijing Energy Clean Energy also rising.

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