Turkey's central bank lowers key interest rate to 47.5%
ANKARA, Turkey (AP) — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 47.5% on Thursday, carrying out its first rate cut in nearly two years as it tries to control soaring inflation. Citing slowing inflation, the bank ...
Egypt central bank keeps overnight interest rates steady
Egypt's central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was set to decelerate sharply in early 2025 it nonetheless remained high.
Russian central bank surprises markets by holding key rate at 21%
Russia’s central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages its ongoing battle with sky-scraping inflation.
Here's what we now know about the European Central Bank's rate cut plans
Policymakers in Frankfurt indicated a clear dovish shift, but exactly where they will stop rate cuts remains a topic of debate.
Turkey Lowers Main Rate to 47.5% in First Cut Since 2023
Turkey’s central bank lowered interest rates for the first time in almost two years after consumer inflation showed signs of easing and said that future easing steps would depend on price data.
Turkey lowers interest rate to 47.5 percent
Turkey's central bank lowered its key interest rate on Thursday, the first cut in nearly two years as it battles with double-digit inflation.
Thai advisory council says candidate for central bank chair ineligible due to recent political role
Thailand's state advisory council said the government-backed candidate for chair of the board of the central bank is ...
Thai Government Suffers Setback in Bid to Influence Central Bank
The Thai government’s campaign to pressure the Bank of Thailand to cut interest rates suffered a significant setback, with ...
Political upheaval around the world could spell trouble for the global economy in 2025
Voters’ choices in what was a record year for national elections will likely have the biggest impact on global prosperity in ...
Indian banks' balance sheets stay robust, bad loans decline more, central bank report says
Indian banks' financial position has stayed robust, marked by the sustained expansion in loans and deposits, while their ...
Brazil Central Bank Offers to Sell $3 Billion as Real Weakens
Brazil’s central bank stepped into markets again to prop up the real amid a rout sparked by concerns about the sustainability ...
Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending
Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high ...
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
Botswana’s central bank said that as local crypto markets remain underdeveloped, crypto poses minimal risks to its financial ...
Exclusive-Mexico central bank could weigh rate cut of 25 or 50 bps in February, deputy governor says
Mexico's central bank board could discuss a rate cut of either 25 basis points or 50 basis points in its next decision in ...