The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy.

The European Central Bank cuts borrowing costs to address inflation concerns.

Australia's housing affordability mess has most voters in favour of lower prices and backing tax reform and other policy interventions to ease...

FRANKFURT, Germany (AP) — With inflation subsiding, the European Central Bank cut interest rates again on Thursday to prop up tepid growth with...

Washington (AFP) – The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with...

Washington (AFP) – The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with...

The Central Bank of Egypt (CBE) announced an increase in the annual core inflation rate to reach 25.1 percent in August compared to 24.4 percent in...

The Central Bank of Egypt (CBE) announced an increase in the annual core inflation rate to reach 25.1 percent in August compared to 24.4 percent in...

FRANKFURT, Germany – The European Central Bank (ECB) Governing Council today decided to lower the deposit facility rate – the rate through which...