Today: September 12, 2024
Today: September 12, 2024

Central Bank

Asia|Business|Economy

Sri Lanka cuts rates to stimulate economic recovery

Sri Lanka's central bank cut interest rates by 25 basis points on Wednesday in a surprise decision aimed at spurring economic recovery following the country's

Sri Lanka cuts rates to stimulate economic recovery
Asia|Economy

South Korean GDP unexpectedly shrinks, boosting rate cut chances

South Korea's economy unexpectedly shrank in the second quarter, clocking the sharpest contraction since 2022 as slumping consumer spending undermined an export boom,

South Korean GDP unexpectedly shrinks, boosting rate cut chances
Economy|News

Brazil inflation speeds up ahead of central bank's rate decision

Consumer prices in Brazil rose more than expected in the month to mid-July on higher transportation costs, official data showed on Thursday, likely sealing the deal for the

Brazil inflation speeds up ahead of central bank's rate decision
Economy

Core inflation in Japan's capital perks up, demand-driven price growth soft

Core inflation in Japan's capital accelerated for a third straight month in July but an index gauging demand-driven price growth slowed, data showed on Friday,

Core inflation in Japan's capital perks up, demand-driven price growth soft
Asia|Economy

Singapore's central bank keeps policy unchanged, as expected

Singapore's central bank on Friday left its monetary policy settings unchanged for the fifth consecutive time, as expected, as growth picks up

Singapore's central bank keeps policy unchanged, as expected
Economy|Finance

Turkey cenbank not even contemplating rate cuts now, deputy Akcay says

Turkey's central bank is not even considering a rate-cutting cycle at this time because easing too early could reignite inflation and

Turkey cenbank not even contemplating rate cuts now, deputy Akcay says
News|World

Russia raises key interest rate again as inflation and exchange rate worries continue

Russia's central bank has raised its key lending rate by one percentage point to 13%, a month after imposing an even larger hike

Russia raises key interest rate again as inflation and exchange rate worries continue
Economy

Fed's Barkin: Fed has time to see data before making next rate move call

By Michael S.

Fed's Barkin: Fed has time to see data before making next rate move call
Economy

NY Fed to tackle weather-related risks in upcoming research barrage

Early next month, the Federal Reserve Bank of New York will take on what has become something of a fraught subject for the central bank: climate change.

NY Fed to tackle weather-related risks in upcoming research barrage
Business|Economy|News|World

Europe's inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished

The inflation that has been wearing on European consumers fell sharply to 2.9% in October, its lowest in more than two years as fuel prices fell and rapid interest rate hikes from the European Central Bank took hold

Europe's inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished
Economy

Fed's Goolsbee expects easing shelter inflation to seal path to 2%

Chicago Federal Reserve Bank President Austan Goolsbee on Friday said the U.S. central bank will "do what it takes" to bring inflation down to the Fed's 2% goal, but that inflation looks

Fed's Goolsbee expects easing shelter inflation to seal path to 2%
Economy

Boston Fed's Collins: Remain optimistic in soft landing from inflation

Boston Federal Reserve President Susan Collins said on Friday she remained optimistic the U.S. central bank can lower inflation without doing substantial damage

Boston Fed's Collins: Remain optimistic in soft landing from inflation
Business|News|World

Turkey's central bank hikes interest rates again as it tries to tame eye-watering inflation

Turkey’s central bank has delivered another huge interest rate hike as it tries to curb double-digit inflation that has left households struggling to afford food and other basic goods

Turkey's central bank hikes interest rates again as it tries to tame eye-watering inflation
Economy

Sharp Fed liquidity drain hints at early end for balance sheet runoff

By Michael S.

Sharp Fed liquidity drain hints at early end for balance sheet runoff
News|Business|World

Turkish central bank raises interest rate to 42.5% to combat high inflation

Turkey’s central bank has hiked its key interest rate by 2.5 percentage points as part of its efforts to combat high inflation that has left many households struggling to afford essential items

Turkish central bank raises interest rate to 42.5% to combat high inflation
Economy

Turkish central banker Erkan says country is determined to achieve disinflation -sources

Turkey is committed to achieving disinflation, central bank chief Hafize Gaye Erkan told investors on Thursday while anticipating the completion of the monetary policy tightening

Turkish central banker Erkan says country is determined to achieve disinflation -sources
Business|News|World

Turkish central bank raises key interest rate to 50% as inflation soars

Turkey’s central bank has raised its key interest rate by 5 percentage points, resuming a policy of rate hikes aimed at combating soaring inflation that is causing households severe economic pain

Turkish central bank raises key interest rate to 50% as inflation soars
Economy|News

Brazil posts strong job figures, signals stronger activity; inflation a concern

Brazil released vigorous job market figures on Tuesday, reinforcing views of stronger economic activity at the beginning of this year but keeping the central bank

Brazil posts strong job figures, signals stronger activity; inflation a concern
Economy|News|World

Colombia April inflation to slow to 0.59%, or 7.15% annual rate: Reuters poll

Colombia's inflation in April is expected to hit 0.59%, extending its deceleration and taking 12-month consumer price growth to its lowest level in 27 months,

Colombia April inflation to slow to 0.59%, or 7.15% annual rate: Reuters poll
Economy|News|World

Norway rates seen on hold this week as autumn cut beckons: Reuters Poll

Norway's central bank will keep its key policy interest rate unchanged this week, according to all 30 economists in a Reuters poll, but it remains on track to cut the cost of

Norway rates seen on hold this week as autumn cut beckons: Reuters Poll
Economy|News|Political

Analysis-Brazil central bank chief irks finance ministry team on his way out

An outspoken couple weeks for Brazil's central bank chief, including criticism of budget policy and comments scrapping monetary policy guidance, have soured

Analysis-Brazil central bank chief irks finance ministry team on his way out
Economy|News

Colombia's central bank seen cutting benchmark interest rate to 11.75% in April:Reuters poll

The board of Colombia's central bank is forecast to cut its benchmark interest rate by 50 basis points for a second consecutive month at its April meeting, to

Colombia's central bank seen cutting benchmark interest rate to 11.75% in April:Reuters poll
Economy|News|World

Mexico's inflation accelerates, rate cut unlikely in May

Mexico's consumer prices unexpectedly rose in the first half of April, national statistics agency INEGI said on Wednesday, reinforcing bets that the country's central bank will hold its

Mexico's inflation accelerates, rate cut unlikely in May
Economy|News

Turkey central bank to leave rates unchanged until Q4

Turkey's central bank will not trim its policy rate from the current 50% until the fourth quarter, a Reuters poll of economists showed.

Turkey central bank to leave rates unchanged until Q4
Economy|News|World

Indonesia's central bank delivers surprise rate hike to anchor rupiah

Indonesia's central bank delivered a surprise rate hike on Wednesday, stepping up efforts to support the rupiah currency which has fallen to

Indonesia's central bank delivers surprise rate hike to anchor rupiah

Follow