Economy News Bank Holds Interest Rates And Warns It S Too Early To Cut

Bank of England cuts interest rates to 3.75% - the lowest level since early 2023

The Bank's governor says interest rates are on a "gradual" downward path, and decisions around future cuts will be "a closer call". Read More

Interest Rate Cut and Slower Inflation Offer Britons a Reprieve

Britain’s central bank reduced interest rates to 3.75 percent, a move that was welcomed by the government, which has been looking to lower the high cost of living. Read More

European Central Bank leaves rates unchanged with economy showing signs of modest growth

The European Central Bank is leaving interest rates unchanged for the fourth meeting in a row as the economy in the 20 countries that use the euro increasingly looks strong enough to get by without ... Read More

Fed holds interest rates steady, but cut expected soon

The Federal Reserve maintained its benchmark interest rate on Wednesday, keeping borrowing costs at their highest level in more than two decades despite a prolonged cooldown of inflation. An interest ... Read More

RBA holds at 3.6% and warns of hikes next year, We see rates on hold next year, but risks are now more on the upside

By Dr Shane Oliver, Chief Economist and Head of Investment Strategy at AMP. The RBA holds rates and warns of rate hikes if needed. We see rates on hold next year The RBA left its cash rate on hold at ... Read More

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Federal Reserve governor Stephen Miran said the U.S. economy is "calling for large interest rate cuts" and warned that current monetary policy is "holding the economy back" by keeping borrowing costs ... Read More

Bank of Korea to hold rates at 2.50% on November 27, cut pushed to next quarter

BENGALURU, Nov 25 (Reuters) - The Bank of Korea will keep its key interest rate unchanged at 2.50% on Thursday as policymakers grapple with a volatile currency and an overheated housing market, ... Read More

Sharp disagreements over economy threaten Federal Reserve interest rate cut

WASHINGTON (AP) — What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and ... Read More

POLL Bank Indonesia to hold rates steady at 4.75% on November 19, cut next month

A majority of economists, 24 of 30, expect rates to be on hold at 4.75% on November 19 BENGALURU, Nov 17 (Reuters) - Bank Indonesia will hold its key interest rate steady again on Wednesday to limit ... Read More

Egypt's central bank holds interest rates as economy heats up

CAIRO (Reuters) -The Central Bank of Egypt kept its overnight interest rates on hold on Thursday, saying it hoped to contain an acceleration in inflation as the economy heated up towards full capacity ... Read More

Fed Debate Heats Up: Cut Interest Rates to Save Jobs or Hold Firm Against Inflation?

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ... Read More