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Turkey Central Bank Cuts Rates
Turkey Central Bank Cuts Rates Again as Inflation Cools
The central bank reduced its one-week repo rate to 45% from 47.5% as a cycle of higher borrowing costs bears fruit in cooler price rises.
Turkey’s central bank lowers benchmark interest rate to 45%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%. The decision on Thursday marked the second rate cut in a row and came as inflation slowed.
Traders Pile Into Bets on Supersized Rate Cut from European Central Bank
Traders are placing big options bets on the European Central Bank delivering at least one half-point cut to interest rates by the middle of the year.
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 ongoing reforms and stabilising inflation. Reforms instituted by President Bola Tinubu in 2023,
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,
15h
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 ...
8d
on MSN
Russians are so nervous about the economy that the central bank took to Telegram to dismiss rumors about deposits being frozen
Russia's central bank hiked rates to 21% late last year in a bid to cool soaring inflation.
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 ...
Channel NewsAsia Singapore
7h
‘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 ...
3d
on MSN
Japan Central Bank Rate Hike Odds Could Turn on Trump Address
The Bank of Japan looks set to raise interest rates this week unless Trump’s inauguration address as U.S. president on Monday ...
3d
Seeking market confidence, Israel central bank urges budget passage without changes
Israel's monetary policy committee urged lawmakers to approve the 2025 state budget without further changes to ensure ...
Zawya
11h
Central Bank of Bahrain grants Crypto Service license to Fasset Financial Services
Manama, Kingdom of Bahrain – The Central Bank of Bahrain (“CBB”) has granted “Fasset Financial Services W.L.L.” a Crypto ...
6d
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 ...
lex18
2d
The impact of MLK's teachings felt decades later at the Unity Celebration
LEXINGTON, Ky. (LEX 18) — Central Bank Center saw a 1,300-person crowd bright and early Monday morning for the Unity ...
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