The policy pivot - just four months after rate cuts had begun - aimed to ease weeks of pressure on the lira that forced the central bank to tap its foreign currency reserves, and to push back on ...

The European Central Bank (ECB) has reduced interest rates by a quarter-point, marking the sixth consecutive cut, amidst concerns over eurozone growth due to US trade policies. The benchmark ...

The European Central Bank cut its main interest rate by a quarter of a percentage point Thursday, citing growing trade tensions after US President Donald Trump’s tariffs sparked a global trade war.

Turkey's central bank surprised markets on Thursday when it raised its key interest rate, the one-week repurchase rate, from 42.5% to 46%, ending the easing cycle it began in December of last year.

ISTANBUL -- Turkey’s central bank raised its key interest rate by 3.5 percentage points on Thursday, halting a three‑month easing streak as it confronts stubborn inflation, financial ...

Nearly every country in the world has a central bank – a public institution that manages a country’s currency and its monetary policy. And these banks have an extraordinary amount of power.

Qatar Central Bank (QCB) has announced the launch of a direct integration process for "Sadad Payment Solutions", making it the first Fintech company to establish direct integration with the ...

The European Central Bank (ECB) cut its Deposit Rate by 25 bps to 2.25% at today's monetary policy announcement in a widely expected decision, bringing the cumulative easing during the current ...

The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump’s tariff onslaught FRANKFURT, Germany -- The ...

This was CNBC's live blog covering the European Central Bank's April 2025 meeting. The European Central Bank made yet another 25-basis-point interest rate cut on Thursday as global tariff turmoil ...