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Turkey Central Bank Cuts Rates
Turkey's central bank lowers benchmark interest rate to 45%
Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as many months as official figures showed inflation was easing. The bank’s Monetary Policy Committee said it was reducing its benchmark one-week repo rate to 45% from the current 47.
Israel Central Bank Chief Says 1-2 Rate Cuts Possible in 2025 if Inflation Cooperates
It cut the rate 25 basis points in January 2024 but the rate has stayed at 4.5% since, as policymakers have been concerned with the effects of Israel's war in Gaza against Palestinian militant group Hamas that helped to push up inflation, weaken the shekel and raise Israel's risk premium.
Turkey Central Bank Slashes Rate For Second Straight Time
Turkey's central bank slashed its benchmark rate by 250 basis points for the second straight meeting on Thursday as inflation slowed
Turkey central bank cuts interest rate following inflation slowdown
Turkey's central bank has made a noteworthy move by cutting its interest rate for the second time in a row. This decision comes in the wake of a more significant than anticipated slowdown in headline inflation in December.
Turkey cenbank cuts rates by 250 points to 45% as expected
Turkey's central bank cut its key interest rate by 250 basis points to 45% as expected on Thursday, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is expected to continue.
Turkey cuts policy rate after indicators point to an increase in inflation
Turkey's central bank has lowered its policy rate by 250 basis points to 45% from 47.5%, according to a Thursday, January 23, statement. "While the underlying trend of inflation decreased in December,
8h
Norway central bank keeps rate on hold, plans March cut
Norway's central bank held its policy interest rate unchanged at a 17-year high of 4.50% on Thursday, as unanimously expected ...
7h
Japan’s biggest lenders hit valuation landmark as central bank weighs rate increase
Japan’s biggest banks are nearing a key valuation level for the first time in almost a decade as investors bet that the Bank ...
9d
Central Bank Backlash Against BIS Innovation Hub Is Growing
The Bank for International Settlements faces mounting pressure to revamp its internal think tank devoted to driving ...
legit
14m
CBN Counters World Bank, Makes Strong Prediction on Nigeria’s Economic Growth in 2025
The Central Bank of Nigeria has countered the World Bank's 3.7 per cent economic growth outlook for Nigeria, stating the ...
5d
Fed Withdraws From Central Bank Climate Group
The Federal Reserve is withdrawing from an environmental group for global central bankers. The Fed joined the group, the ...
4h
Nigeria's central bank says GDP to grow 4.17% in 2025, inflation to ease
Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...
13d
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier ...
8d
on MSN
China’s Central Bank Injects Near-Record Amount of Liquidity Into Banking System
The People’s Bank of China pumped about $131 billion worth of liquidity via seven-day reverse repurchase agreements.
Channel NewsAsia Singapore
10h
‘Trillions of rupiah’ Indonesia’s central bank channelled to lawmakers allegedly misused: Anti-graft agency
Several lawmakers and central bank officials have been questioned. The investigation centres on whether the funds were used ...
2d
South African growth outlook has improved but inflation risks abound, central bank says at Davos
South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its ...
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