India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
Central banks around the globe have plenty of room to keep cutting interest rates, and a limited "decoupling" from the U.S.
Turkey’s central bank raised its year-end inflation forecast for this year, surprising analysts who were largely expecting ...
Central banks stormed back into the gold market in the final three months of last year, playing a key role in the metal ...
Ugur Tosunoglu, the son of Turkish Cypriot independent ‘MP’ Hasan Tosunoglu, was arrested in the north in connection with an ...
8hon MSN
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
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