European Central Bank poised to cut rates again
European Central Bank poised to cut rates again as inflation drops below target
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is expected to cut borrowing costs once again on Thursday after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning.
Fed's Daly says central bank likely on track for more rate cuts
Federal Reserve Bank of San Francisco President Mary Daly said on Tuesday the central bank remains on track for more rate cuts this year as long as data meets expectations, while noting that even with last month’s rate cut,
European Central Bank Seen Cutting Interest Rates Today
Good morning. The European Central Bank meets today to decide how high to set its key rate. Also gathering today are EU leaders, who need to talk migration and Ukraine. Elsewhere, China offers yet more measures aimed at reviving growth.
Why the European Central Bank is expected to cut rates, again
In Europe, where inflation has cooled sharply, the economy is weak and could use a boost. The area is vulnerable to the conflicts around it.
Thai central bank unexpectedly cuts key rate by 25 bps
Thailand's central bank unexpectedly cut its key interest rate at a policy review on Wednesday, a move long called for by the government as needed to revive a sluggish economy with inflation below target.
Here are the three things to watch when the European Central Bank meets
The European Central Bank will be the next of the major monetary guardians to deliver a policy decision. The announcement is due Thursday in Slovenia at 2:15 p.m. local time, 8:15 a.m. Eastern, and a press conference will be held 30 minutes later. Here are the three things to watch.
South Korea’s central bank cuts rates in a bid to boost the economy
South Korea’s central bank cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household debt.
Namibia central bank cuts key rate by 25 basis points
Namibia's central bank cut its main interest rate by 25 basis points to 7.25% on Wednesday, citing a retreat in domestic inflation and global monetary policy easing. Inflation in the southern African country fell to 3.
Thai Finance Chief Calls for Rate Cut Ahead of Central Bank Meet
Thailand’s Finance Minister Pichai Chunhavajira made a fresh appeal for a rate cut on Tuesday, a day before a central bank monetary policy meeting in which it’s forecast to hold borrowing costs at a decade high.
Euro under pressure ahead of European Central Bank interest rate decision
The euro began its downtrend against the US dollar at the end of September after reaching a 15-month high. Despite a potential near-term rebound, analysts suggest the euro's weakness may persist.
New Zealand annual inflation at 2.2%, within central bank target range
Inflation in New Zealand returned to the Reserve Bank of New Zealand's target range of 1% to 3% in the third quarter, keeping the door open for the central bank to continue aggressively cutting rates.
Wall Street Journal3d
Singapore’s Central Bank Holds Steady as Economy Picks Up, Inflation Cools
SINGAPORE—Singapore’s central bank held policy settings steady again as the city-state’s economy notched its fastest pace ...
Argentina Central Bank Is Working to Enable Dollar Debt Cards
Argentina’s central bank is working with banks and credit card companies to enable debt cards denominated in dollars, bank ...
Indonesia central bank holds rates as global uncertainties re-emerge
Indonesia's central bank on Wednesday kept interest rates unchanged, as expected, saying the decision was consistent with its ...
The Financial Express1d
Central Bank of India gets CCI nod to acquire stakes in two entities of Future Generali
The proposed combination envisages acquisition by Central Bank of India of 24.91 per cent equity stake in Future Generali India Insurance Company Limited (FGIICL) and 25.18 per cent equity stake in ...
Singapore Central Bank Keeps Policy Unchanged for Sixth Straight Time
Singapore’s growth momentum has picked up and the negative output gap is projected to close in H2 2024,” the MAS said.
South Africa's central bank says policy outlook dependent on inflation expectations
South Africa's central bank said on Tuesday that as price pressures continued to moderate it would shift its policy focus to ...