India's central bank seen cutting rates for first time since May 2020
India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy review on Friday, aiming to boost economic growth which is seen falling to a four-year low.
Czech central bank cuts key interest rate to 3.75% as inflation stays higher than expected
PRAGUE -- The Czech Republic’s central bank cut its key interest rate again Thursday with inflation higher than expected after keeping the rate unchanged at its previous policy meeting in December. The cut, which had been predicted by analysts, brought the interest rate down by a quarter of a percentage point to 3.75%.
UK central bank cuts interest rates as economy slumps
The Bank of England cut interest rates by a quarter percentage point on Thursday as the UK economic outlook darkens, alongside the looming threat of President Trump's trade policy
Yen hits 8-week high, sterling drops after Bank of England rate cut
The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated continued interest rate hikes, while sterling slid as the Bank of England cut rates.
Bank of England Cuts Rates, Warns of Tariff Impact
The central bank responded to a troubling mix of stuttering economic growth, stubborn inflation and President Trump’s tariff threats.
Bank Of England Cuts Key Interest Rate As Pound Drops And Stocks Rally
The Bank of England (BoE) lowered its key interest rate by 25 basis points to 4.5% on Thursday, marking the third cut since the easing cycle began in August last year. The widely expected move reflects progress in curbing inflation,
Sterling drops ahead of Bank of England rate decision
Sterling fell against the dollar on Thursday, on track for its biggest daily drop in about a month, as investors awaited the outcome of the Bank of England's meeting, at which the central bank is widely expected to cut interest rates.
Bank of England cuts rates as it sees weaker growth and inflation spike
The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation will prove temporary, while two officials unexpectedly voted for an outsized rate cut.
India's central bank to cut rates to boost economy as inflation slows
India is expected to cut interest rates for the first time in nearly five years on Friday to provide stimulus to its sluggish ...
Gold Hits An All-Time Record $2865/Oz Thanks To Central Bank Buying
Central banks stormed back into the gold market in the final three months of last year, playing a key role in the metal ...
Fed’s Bowman Skeptical That Central Bank Still Very Restrictive
Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...
Rupee to hold near record low in lead up to central bank rate decision
The Indian rupee is expected to linger near a lifetime low at the open on Friday before the central bank most likely cuts ...
RBI monetary policy: Will India’s central bank cut the repo rate now or wait? Top experts debate
According to stock market experts, RBI’s Monetary Policy Committee is expected to announce a 25 bps rate cut amid economic ...
Brazil Central Bank Sees Unanchored Inflation Expectations, Overheating Economy as Key Risks
BRASILIA (Reuters) - Brazil's central bank on Tuesday labeled the unanchoring of inflation expectations and the country's ...
Kenya central bank sees minimal effect on shilling from Trump aid freeze
Kenya's central bank governor said on Thursday that bank officials did not see much effect on the exchange rate from U.S.
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
Czech central bank to consider holding bitcoin as reserve asset
Michl said the idea was still under analysis and no immediate decision was forthcoming. Central banks traditionally park ...
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2 charged following robbery of Lexington bank Wednesday
Another man has been arrested in connection to a Wednesday bank robbery in Lexington. According to Lexington Police, ...