European Central Bank Cuts Interest Rates Amid Growth Concerns
The European Central Bank (ECB) reduced its key interest rate by 25 basis points on Thursday, aligning with economists’ expectations.…
Tag: interest rate
BOC Cuts Interest Rate by 50bps
The Bank of Canada (BOC) has announced a widely anticipated 50-basis-point interest rate cut, bringing its overnight rate to 3.25%,…
Reserve Bank of New Zealand Reduces Rate by 50 Bps For the First Time in Over 4 Years
On Wednesday, the Reserve Bank of New Zealand cut its benchmark rate by 50 basis points (Bps). This was done…
Bank of England Hints on ‘Aggressive’ Rate Cut
Governor Andrew Bailey suggested in an interview with The Guardian newspaper, published online on Thursday, that the Bank of England…
Bank of Japan Holds Rate Steady Following Two Hikes
Following two rate hikes this year, the Bank of Japan kept its benchmark rate on Friday and indicated that while…