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Turkey Central Bank Cuts Rates
Pakistan central bank cuts key rate to 12% amid easing inflation
Pakistan's central bank cut its benchmark interest rate by 100 basis points to 12% on Monday, in line with expectations, as inflation eases and growth looks to set to pick up after 1,000 basis points of rate cuts over the last six months.
Turkey’s central bank lowers benchmark interest rate to 45%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%. The decision on Thursday marked the second rate cut in a row and came as inflation slowed.
China Central Bank Keeps Key Policy Rate Steady
China’s central bank kept a key policy rate steady while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer.
Pakistan central bank cuts key rate by 100 bps
Pakistan's central bank cut its key policy rate by 100 basis points to 12% on Monday, for a sixth straight reduction since June as the country attempts to revive business and economic sentiment amid easing inflation.
Mozambique: Central bank cuts interest rates – AIM report
The Monetary Policy Committee of the Bank of Mozambique (CPMO), at a meeting in Maputo on Monday decided to cut its benchmark interest rate, the MIMO rate, by 50 base points. Thus, the MIMO rate fell from 12.
Turkey central bank cuts interest rate following inflation slowdown
Turkey's central bank has made a noteworthy move by cutting its interest rate for the second time in a row. This decision comes in the wake of a more significant than anticipated slowdown in headline inflation in December.
Russian Companies Expect 2025 Inflation Above 10%, Central Bank Survey Shows
MOSCOW (Reuters) - Russian companies surveyed by the central bank expect inflation in 2025 of 10.7%, more than double the official forecast, and named labour shortages as one of the main factors stopping them expanding production, the central bank said on Friday.
5h
India's central bank asks lenders to tighten cybersecurity oversight
India's central bank said on Monday its chief has urged banks to tighten their oversight on cybersecurity issues and to have ...
Bitcoin Magazine
3d
President Trump Signs Executive Order To Ban Central Bank Digital Currencies (CBDC)
The new EO will also establish a presidential working group to create a federal regulatory framework governing digital assets ...
decrypt
3d
Europe Needs Digital Euro, Central Bank Says After Trump Order Barring US CBDC
President Trump took a hardline stance against an American CBDC—but now the European Central Bank is even more eager about a ...
14h
India central bank's bond purchases raise bets of February rate cut, investors say
The Reserve Bank of India's unexpected purchase of government bonds pushed down bond yields on Monday and raised bets for a ...
1d
Suspect in central Pa. bank robbery who was killed by police identified
Luis Fuentes, age 39, of Lancaster, was identified by the Lancaster County Coroner’s office as the man who died in the ...
ThePrint
7h
India central bank supersedes board of Aviom India Housing Finance on governance concerns
The Reserve Bank of India (RBI) said on Monday it has superseded the board of Aviom India Housing Finance due to governance concerns and defaults in meeting payment obligations. The ...
3h
ECB's Lagarde warns over cost of losing independence
Central bank independence is being challenged in parts of the world and greater political influence could undermined banks' ...
CNET
3h
This Week's Mortgage Predictions: The Fed Isn't Rushing to Lower Interest Rates
Earlier last year, many economists optimistically predicted that interest rates would dip below 6% in early 2025. But since ...
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