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South Africa's central bank cuts key rate, will aim for bottom of target band
South Africa's central bank cut its key interest rate by 25 basis points to 7.00% on Thursday and said it would now aim for the bottom of its inflation target range. The rate cut was in line with the median forecast of economists polled by Reuters.
Like the Fed, European Central Bank holds off on rate cuts amid tariff upheaval
The European Central Bank is leaving interest rates unchanged as it waits to see the impact of U.S. President Donald Trump’s tariffs on the economy before deciding whether to cut rates again.
What's Next For The Bank Of Canada As It Opens The Door For Rate Cuts?
The Bank of Canada has held rates steady for three consecutive meetings, but will growth risks outweigh inflation and drive a cut in September? TD Securities' Andrew Kelvin shares his views.
Cost of South African government borrowing falls as Reserve Bank targets lower inflation
South Africa's government borrowing costs dropped to their lowest in five years after the Reserve Bank announced on Thursday it would lower its inflation goal despite the finance minister not yet signing off on a formal change of target.
Mozambique central bank cuts key rate by another 75 basis points
Mozambique's central bank cut its benchmark interest rate by 75 basis points to 10.25% on Thursday, saying it expects inflation to remain in single digits over the medium term.
South African Reserve Bank Cuts Main Repo Rate to 7%
The central bank cut its main repo rate by a quarter percentage point as inflation remains low in the midst of continuing global uncertainty.
South African central bank lowers inflation goal without minister's sign-off
By Kopano Gumbi, Sfundo Parakozov and Alexander Winning PRETORIA (Reuters) -South Africa's central bank said on Thursday it would now aim for 3% inflation, not 4.5%, despite the finance minister not yet signing off on a formal target change,
South African Central Bank Cuts Rates on Eve of Trump’s Tariffs
South Africa’s central bank lowered borrowing costs on the eve of a new US tariff regime that’s expected to weigh on the country’s already faltering economy.
Firm central bank intervention, short culling helps shore up rupee
The Indian rupee found its footing on Friday after slipping to within striking distance of a record low in the previous ...
'TOO ANGRY, TOO STUPID': Trump bashes Fed Chair Powell after central bank leaves interest rates unchanged
President Trump escalated his criticism of Federal Reserve Chairman Jerome Powell a day after the central bank kept rates on ...
Just The News13d
Fed's Powell responds to Trump's concerns about central bank's $2.5 billion headquarters renovation
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Loss of central bank independence could lead to instability, IMF warns
The International Monetary Fund on Tuesday warned that any loss of central bank independence could undermine efforts to keep ...
Fed meeting live updates: Traders wait to see how many central bank members go against Powell
The central bank is expected to keep its target rate at a range of 4.25% to 4.5%, but traders want to see whether any Fed ...
Central bank dissent just became the next thing to worry about
Was the Federal Reserve’s rare split decision a trivial moment or something more sinister? One thing is certain – we’re in a ...
Pakistan’s Central Bank Completes Design of New Currency Notes
Pakistan’s central bank has completed the design of new currency notes that will have improved security features.
Australia's central bank welcomes Q2 inflation data, deputy governor says
Australia's second-quarter inflation data was very welcomed and came in as just the central bank expected, a top official ...