Better than expected inflation outcomes domestically and globally back the case for the central bank to cut the repo rate to 8%, economists said
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SYDNEY: Australia's central bank on Tuesday ruled out the possibility of an interest rate cut this year, saying core inflation is expected to come down only slowly, after it held interest rates steady for a sixth straight meeting. Read full story
Better than expected inflation outcomes domestically and globally back the case for the central bank to cut the repo rate to 8%, economists said
FRANKFURT, Germany (AP) — With inflation subsiding, the European Central Bank cut interest rates again on Thursday to prop up tepid growth with...
US stocks have opened higher as investors cheered indications the country's central bank could cut interest rates by 50 basis points.
US stocks have opened higher as investors cheered indications the country's central bank could cut interest rates by 50 basis points.
The European Central Bank is likely to cut rates by 0.25 percentage points on Thursday
In a widely anticipated move, the Bank of Canada (BoC) has announced another quarter-point decrease to its policy interest rate, bringing it down to...
In a widely anticipated move, the Bank of Canada (BoC) has announced another quarter-point decrease to its policy interest rate, bringing it down to...
Meanwhile, the EIU has indicated that the US Federal Reserve will soon join other central banks in cutting interest rates.
Meanwhile, the EIU has indicated that the US Federal Reserve will soon join other central banks in cutting interest rates.
STEADY risk appetite propelled an emerging market currency index to a record high on Monday as investors were convinced that the U.S. Federal Reserve...