URGENT: ECB cuts rate by 25 basis points
The European Central Bank (ECB) announced on Thursday a 25 basis points deposit facility rate cut effective from…
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interest rate
Malaysia’s c. bank expected to keep rate steady – poll
Bank Negara Malaysia (BNM) is expected to leave its key interest rate unchanged on Thursday and maintain it at the…
Bank of Israel keeps interest rate unchanged amidst uncertainty
The Bank of Israel's Monetary Committee decided on Wednesday to hold the interest rate steady at 4.5 per cent.
Central bank of Iceland holds interest rates steady
The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to maintain the Bank’s key interest…
Russia’s Sberbank raises mortgage rates to 20%
Russia's largest lender, Sberbank, will increase its market mortgage rates to a minimum of 20 per cent starting…
Euro area GDP grows 0.3% in Q2
The euro area economy exceeded expectations in the second quarter, with GDP growing 0.3 per cent compared to the…
Pakistan c. bank cuts interest rates
The State Bank of Pakistan (SBP) Monetary Policy Committee (MPC) on Monday decided to cut the policy rate by 100…
Bank of Canada cuts policy rate by 25 bps
The Bank of Canada (BoC) on Wednesday cut its key interest rate by a quarter percentage point for a second…
No rush for rate cuts – ECB’s Makhlouf
Rapid interest-rate action is not necessary at this time, Gabriel Makhlouf, a member of the European Central Bank's…
India’s c.bank raises natural rate of interest as economy recovers
India's natural interest rate has increased post-pandemic due to rising potential output,
