The bank, fighting price pressures spurred by the war in the Middle East, raised its benchmark rate to 2.5 percent.

The European Central Bank raised interest rates Thursday to cool inflation that is being fed by high oil prices from the Iran ...

The central bank is contending with rising prices, the consequences of the U.S.-Iran war and surging government borrowing ...

Barclays expects the European Central Bank to raise interest rates by another 25 basis points ​in December, as higher ...

Persistent inflation pressures and resilient economic growth have increased the risk of further rate hikes by major central ...

Turkish central bank kept its key policy rate unchanged at 37% on Thursday, citing that elevated energy prices pose 'upward ...

Turkey's central bank left its key interest rates unchanged on Thursday amid concerns about the impact of geopolitical developments on the inflation outlook. The bank's monetary policy committee ...

By Gergely Szakacs EGER, Hungary, Sept 10 (Reuters) - Hungary's drought and a likely rebound in global food prices could push ...

Central Bank of India has launched Bharat Connect for Business in partnership with NPCI Bharat BillPay, becoming the first public sector bank to offer the platform. The initiative enables digital ...

ECB said its latest decision reflects its commitment to bringing inflation back to its 2% medium-term target, while ...

As countries grapple with energy costs pushing up inflation, this month will see how central banks respond.

The European Central Bank has matched market expectations and raised interest rates by 25 basis points to 2.5% as it seeks to damp inflation that's being bolstered by rising energy costs. "The ...