Erdogan: 2025 to be landmark for interest rate cuts
Turkey’s President Recep Tayyip Erdogan announced plans to lower interest rates in 2025, reiterating his belief…
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Inflation
Indian rupee hits record low vs USD on Thursday
The Indian rupee fell to a lifetime low of 85.2525 per US dollar on Thursday, marking its seventh consecutive…
Türkiye cuts rates amid disinflation efforts
Türkiye’s central bank decided to cut its policy rate from 50 per cent to 47.5 per cent on Thursday while adjusting…
PM: Egypt targets $22b in tourism revenues for ’24
Prime Minister Moustafa Madbouly announced that Egypt is targeting $22 billion in tourism revenues for 2024, with…
Türkiye increases wages for 2025
Türkiye has increased its monthly minimum wage by 30 per cent to 22,104 liras ($627) for 2025, up from 17,002…
Irish consumer sentiment edges lower in Dec. ’24
Irish consumer sentiment slightly dipped in December, with the Credit Union Consumer Sentiment Index falling to…
ECB’s Vujcic: Rate cuts to persist in 2025
The European Central Bank (ECB) will maintain its course of reducing borrowing costs in 2025, according to…
ECB should maintain rhythm in rate cuts – Simkus
European Central Bank (ECB) Governing Council member Gediminas Simkus emphasised the need for a steady pace of rate…
Norway holds key rate unchanged at 4.5%
Norges Bank decided on Thursday to maintain the key policy rate at 4.5 per cent during its 18 December meeting,…
Russian household inflation expected to rise in Dec. ’24
Inflation expectations among Russian households climbed to 13.9 per cent in December, up from 13.4 per cent in…