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Banks
Qatar c. bank cuts key rates by 30 basis points
Qatar Cantal Bank (QCB) reduced its deposit rate (QCBDR) by 30 basis points to 4.60 per cent, its lending rate…
Philippines c. bank cuts key policy rate by 25 bps
The Bangko Sentral ng Pilipinas (BSP) announced a 25-basis-point reduction in its key policy rate, according to its…
S. Korea faces economic slowdown – BOK
South Korea's economic growth rate is expected to drop to two per cent and could fall below one per cent by the…
BOJ keeps monetary policy unchanged
The Bank of Japan (BOJ) announced on Thursday that, by a majority vote of 8-1, it has set a guideline for money…
Saudi c. bank cuts key interest rates
Saudi Arabia's Central Bank reduced its Repurchase Agreement (Repo) rate by 25 basis points to 5.00 per cent and…
UAE c. bank cuts base rate following US Fed’s decision
The Central Bank of the UAE (CBUAE) has reduced the Base Rate for the Overnight Deposit Facility (ODF) by 25 basis…
Fed’s Powell: Too soon to assess impact of Trump’s policies on economy
US Federal Reserve Chairman Jerome Powell stated on Wednesday that it remains too soon to determine how…
US Fed is not ‘looking for a law change’ to own bitcoin
US Federal Reserve Chair Jerome Powell said on Wednesday that the central bank has no plans to add bitcoin to its…
Powell describes Wednesday’s rate cut a ‘closer call’ but ‘right call’
US Federal Reserve Chair Jerome Powell described Wednesday’s decision to cut interest rates as a “closer call,”…
URGENT: Fed cuts rates for third, final time this year
The US Federal Reserve has cut interest rates by a quarter point on Wednesday, bringing down the cost of borrowing…