Türkiye to keep rates tight as long as needed – Governor
Türkiye’s central bank will take all necessary measures to achieve its year-end inflation target of 24 per cent,…
Browsing Tag
interest rates
Pakistan c. bank leaves interest rate unchanged
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) decided to maintain the policy rate at 12…
Sterling steady as investors await inflation data
The pound sterling held steady on Wednesday, trading at $1.2443 against the dollar and dipping slightly to 83.37…
IMF chief: MENA growth to rebound to 3.6% in ’25
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said on Monday growth in the…
ECB rate cut likely in March, more to follow—Simkus
European Central Bank (ECB) policymaker Gediminas Simkus, who is also the Governor of Lithuania's central bank,…
Trump tariffs to fuel US inflation, weaken euro – ECB’s Knot
Klaas Knot, a member of the European Central Bank's governing council, warned on Sunday that new US tariffs imposed…
European banks see Q4 profit surge, ’25 outlook wobbles
European banks are set to post strong fourth-quarter 2024 profits, fuelled by robust lending margins and investment…
Pakistan’s c. bank cuts interest rate by 100bps
The monetary policy committee (MPC) of the State Bank of Pakistan (SBP) decided on Monday to reduce the policy rate…
UK businesses to cut pay awards amid tax hikes
A majority of British businesses plan to reduce staff pay awards following tax hikes announced in October's budget,…
Germany’s economy shrinks in ’24
Germany’s economy contracted in 2024 compared to the previous year with the gross domestic product (GDP) dropping…
AfDB 2023