The committee chairman urged the Central Bank of Nigeria to avoid further interest rate hikes, citing the adverse effects on ...

If not for the 11% drop in vegetable prices, inflation would hover closer to 4.1%. The RBI will have this in mind when it ...

The central bank has cut the rate by 1,100bps since June from an all-time high of 22%. In its statement, the MPC noted that inflation declined sharply during March and April, mainly due to a ...

All six members of RBI’s rate setting ... growth through private consumption and investment, the MPC should continue with further repo rate cut. “One could be more ambitious and target a ...

Traders only expect two more cuts this year, in August and November. That would still leave bank rate at 3.75% by year end.

Once again, the decision to cut repo rates by 25 bps in April 2025 meeting was unanimous with all the 6 members of the MPC voting in favour of a 25 bps repo rate cut. The change in the monetary ...

“A fresh round of mortgage rate reductions could be a boost for buyer demand as this year’s Spring selling season approaches its end.” Deutsche Bank chief UK economist Sanjay Raja points out: “For all ...

The Bank of England is poised to cut interest rates as the threat of an escalating global trade war looms and the economic growth outlook worsens.

The Bank of England has taken the decision to reduce interest rates. At its meeting ending on 7 May 2025, the Monetary Policy Committee (MPC) voted by a majority of five to four to reduce Bank Rate by ...

The naira ended the week on a stronger note, appreciating slightly against the U.S. dollar to close at N1,599.01/$1 in ...

The Bank of England (BoE) is expected to cut UK interest rates by a quarter-point to 4.25% this week and ... driving up prices and increasing the risk of a US recession — all of which would weigh on ...