News

JERUSALEM (Reuters) -All five members of the Bank of Israel's Monetary Policy Committee voted to keep the benchmark interest ...
Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty in the U.S.
CBK lowered its base lending rate to 10% in April 2025, prompting major Kenyan banks like KCB, Equity, Cooperative, and Absa ...
Federal Reserve Bank of New York President John Williams said Thursday he sees no imminent need for a change in central bank ...
Kenyans to enjoy cheaper loans following a reduction in lending rates by the National Commercial Bank of Africa (NCBA). In a ...
BANGKOK: Thailand has named a panel to pick a new central bank chief, kickstarting a months-long process to find a successor ...
The total value of currency outside Nigeria’s banking system rose to N4.6 trillion in March 2025, accounting for 91.9% of ...
Nine Nigerian banks raked in a combined interest income of N14.26tn in 2024, an analysis of the audited financial results of the financial institutions shows.
So far in CY2025, the RBI has cut the policy rate by 50 bps. Also, the stance of the monetary policy has been changed to accommodative from neutral. This is likely to impact bank depositors.
The RBI's Monetary Policy Committee (MPC) on April 9 announced a 25-basis-point (bps) cut in the repo rate, reducing it from ...
Turkey’s central bank has raised its key interest rate by 3.5 percentage points and halted a three‑month easing streak as it ...
Inflation numbers positively surprised analysts in March with the headline CPI print coming in at 3.3%. A Bloomberg poll of economists projected this number at 3.5%.