After a combined 1 percentage point of interest rate cuts over the central bank’s previous three meetings, the policy-setting Federal Open Market Committee has signalled that it believes it now needs to pause and look for “further progress” towards hitting its 2 per cent inflation goal.
By Orathai Sriring, Thanadech Staporncharnchai and Devjyot Ghoshal BANGKOK (Reuters) -Thailand's economic growth may falter at under 2.9% this year after a weaker-than-expected fourth quarter despite a vaunted government cash handout aimed at firing up sluggish growth,
Brazil's central bank raised its benchmark interest rate by 100 basis points for the second straight meeting on Wednesday and signaled another hike of that size in March, leaving the door open for subsequent moves amid mounting inflationary pressures.
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair Jerome Powell’s press conference.
India's central bank on Thursday said it has filed an application with a company tribunal to initiate bankruptcy proceedings against Aviom India Housing Finance.
The Federal Reserve withdrew from a central-bank climate coalition this month because its work veered outside the Fed's focus on price stabi
The head of the Czech National Bank wants to plough billions of euros’ worth of the country’s reserves into bitcoin, a groundbreaking move that could make it the first western central bank known to hold crypto assets.
Thailand's economic growth may falter at under 2.9% this year on the back of a weaker-than-expected fourth quarter where consumption cratered despite a government cash handout aimed up firing up sluggish growth,
All eyes were on the Federal Reserve’s first policy update of the new year on Wednesday, but the Bank of Canada also drew its fair amount of attention.
LONDON, Jan 30 (Reuters) - The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts, and outlier Japan is firmly in hiking mode.
The FTSE 100 ( ^FTSE) and European stocks were higher on Thursday, with all major indices gaining ground in early trading, as the European Central Bank (ECB) is expected to cut interest rates in an effort to support economic growth later this afternoon.