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Searched Tag: interest rate cut
The bank also indicated it will steadily lower borrowing costs over the rest of the months in this year as policymakers take a measured approach to spur more borrowing and spending in order to fasten a slumping economy

Federal Reserve cuts interest rate by 25 bps

September 18, 2025, 12:16 AM - 3 min read

The cut by the US central bank is the first move by the policy-setting Federal Open Market Committee (FOMC) since December 2024; more cuts coming in, says the bank

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Stubbornly high inflation has been one of the reasons the Labour government's poll ratings have fallen sharply since it came to power in July 2024

Hike in food and drink rates leaves UK inflation high, but steady

September 17, 2025, 06:53 PM - 3 min read

A day before the Bank of England announces interest rates, which are mostly expected to be kept on hold, data has revealed inflation in the UK has been steady even though it is above the bank’s target of 2 per cent

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Miran was approved by the Senate Banking Committee last week with all the Republicans voting in favour, and all Democrats voting against. Lisa Murkowski is the only Republican to have voted against Miran

White House economist wins by narrow margin to serve in Fed Res

September 16, 2025, 12:14 PM - 4 min read

While Stephen Miran, US President Donald Trump’s nominee, has won by a very narrow margin to get a seat on the Federal Reserve’s governing board, the White House administration received a setback late Monday after an appeals court ruled that Lisa Cook, whom Trump had sought to fire, can remain a Fed Res governor. The apex bank starts its crucial two-day policy meeting on September 16

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ECB says no interest rate cut for now

ECB not to change interest rates as tariff uncertainty remains

July 24, 2025, 07:13 PM - 4 min read

The European Central Bank said it will wait to see the effect of higher US tariffs on the economy before deciding on making another interest rate cut

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