Indian banks lowered their lending rates by 58 bps in June compared to a 13 bps reduction in response to the RBI’s 50 bps of repo rate cuts over February-April.

Nigeria’s Monetary Policy Committee (MPC) is unlikely to reduce the Monetary Policy Rate (MPR) in the second half (H2) of ...

On one hand, they have been affirmed as safe and sound by members of the Central Bank of Nigeria (CBN)’s Monetary Policy Committee (MPC). On the other, they are making significant progress in their ...

Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary ...

Republicans and Democrats, led by Sens. Tim Scott (R-SC) and Elizabeth Warren (D-MA), made a solid step toward solving the housing crisis.

This is a big deal and comes against the backdrop of ongoing discussions with the National Treasury about lowering the target from its 3% to 6% range. This remains the official policy, but in reality, ...

The South African Reserve Bank has cut the lending rate by 0. 25 percentage points, bringing relief to borrowers as inflation ...

South Africa's central bank said on Thursday it would now aim for 3% inflation, not 4.5%, despite the finance minister not ...

Trump called the Fed chair "TOO ANGRY, TOO STUPID, & TOO POLITICAL" after the central bank left interest rates unchanged ...

THE WHITE HOUSE, HE SAYS THINGS COULD BE CHANGING SOON IN SUPPORT OF OUR GOALS TODAY, THE FEDERAL OPEN MARKET COMMITTEE DECIDED TO LEAVE OUR POLICY INTEREST RATE UNCHANGED. WE BELIEVE THAT THE CURRENT ...

LONDON (Reuters) -The Bank of England is expected to cut interest rates next week but the likelihood of a fresh three-way ...

The president wants to get rid of the Fed chair—if the markets will let him. We all have to hope he won’t gamble on that.