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India’s Central Bank Cuts Key Rate For 1st Time Since 2020
Indian central bank likely intervened to support rupee ahead of rate decision, traders say
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a closely-watched monetary policy decision on Friday, four traders told Reuters. The rupee was quoting at 87.
India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
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%.
Bank of England, Pound sterling
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.
Unexpectedly dovish Bank of England decision sends pound and yields lower
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central bank, as expected, cut interest rates by a quarter-point, its third reduction since August,
Bank Of England: Easy Decision Made But Trickier Ones Ahead
Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without reigniting inflationary pressures. Click to read.
2h
Leaving Fed behind, top central banks have room to ease
Central banks around the globe have plenty of room to keep cutting interest rates, and a limited "decoupling" from the U.S.
5h
Turkey Central Bank Raises Inflation Outlook for End-2025
Turkey’s central bank raised its year-end inflation forecast for this year, surprising analysts who were largely expecting ...
45m
Bank of Canada's Tiff Macklem says tariff threat adds to central bank challenges
Bank of Canada governor Tiff Macklem says central banks face an increasingly difficult job as the country faces a maelstrom ...
2d
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 ...
clubofmozambique.com
1h
Mozambique: Central bank fines nine financial institutions for violating regulations
The Bank of Mozambique has fined nine credit institutions and financial companies for violating prudential regulations, rules on preventing and combating money laundering and terrorist financing, ...
5h
on MSN
CNBC Daily Open: Global central banks are lowering rates — the Fed might not be as inclined
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
lex18
5d
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, ...
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