Russia’s central bank cuts interest rate to 17% to boost slowing economy; deficit widens, inflation rising
Russia’s central bank lowered its key interest rate to 17% to stimulate the slowing economy, even as elevated inflation persists at 8.2%. This decision reflects ...
Bank of England trims rate to 4%; signals cautious easing ahead
The Bank of England reduced interest rates to 4% due to economic concerns. This is the fifth cut since August 2024. The move aims to ...
RBI monetary policy meet: Members begin deliberation amid tariff worries and easing hopes; experts split on rate cut call as MPC weighs inflation, US shocks
The Reserve Bank of India’s MPC commenced a three-day meeting amidst expectations of a rate pause, influenced by US tariffs and domestic economic factors. While ...
Another rate cut? RBI might soon cut rates by 25 basis points; ICICI flags weak demand, easing inflation
ICICI Bank reports that the Reserve Bank of India might cut policy rates due to weak urban consumption and uncertain global demand. Easing inflation could ...
RBI repo cut effect: HDFC slashes lending rates by 10 bps; new rates already in effect
HDFC Bank has lowered its benchmark lending rates by 10 basis points across all loan tenures, effective June 7, following the Reserve Bank of India’s ...
Russia cuts interest rate by 100 bps from 20-year high; warns tight policy will stay
Russia’s central bank has lowered its key interest rate to 20 percent, a first cut since September 2022, signaling an attempt to balance economic growth ...
South Korea central bank cuts interest rates amid growing pressure from Trump’s tariff war
South Korea’s central bank has lowered interest rates to bolster its export-driven economy, responding to pressures from the US tariff war. The Bank of Korea ...
China’s central bank cut interest rates to record lows to revive grappling economy
China’s central bank has lowered key interest rates to record lows, aiming to stimulate an economy challenged by weak consumer demand and a property crisis. ...
