Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
RBI cuts repo rate: which sectors and stocks could benefit?
“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...
Bank of England allots record 54.7 billion pounds in short-term repo
The Bank of England on Thursday allotted a record 54.666 billion pounds ($68.30 billion) in seven-day funds in its weekly short-term repo operation, higher than a previous record set last week of ...
BOE’s Liquidity Drain Is Lifting Key SONIA Rate Again
The UK’s most important market interest rate has been rising for the first time in almost a year, reflecting the Bank of ...
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Repo rate cut to provide long-awaited relief on interest rates: Experts
The repo rate cut by 25 basis points by the monetary policy committee (MPC) of RBI announced Friday will give a long-awaited relief on interest rates and also be supportive of economic growth ...
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Personal loan interest rates: Why RBI’s repo rate matters to you
One such factor that has a significant role in determining personal loan interest rates is the Reserve Bank of India (RBI). The repo rate is the rate at which the RBI lends money to commercial banks.
Mint Explainer | RBI's rate cut and how it will benefit retail borrowers
With RBI cutting repo rate, retail borrowers who have taken floating rate loans will see their EMIs shrink as banks pass on ...
Instant view: India's central bank cuts repo rate for first time in nearly 5 years
The Monetary Policy Committee, which consists of three RBI and three external members, cut the repo rate by 25 basis points, ...