Latest news with #financialPolicy
Bloomberg
3 days ago
- Business
- Bloomberg
ECB Set for Last Easy Rate Cut as Trade Fuels Inflation Discord
The European Central Bank is about to lower interest rates for the final time before an increasingly complicated inflation outlook risks bringing internal divisions to the fore. As price risks recede, officials have cut seven times in the last year with little friction on the 26-strong Governing Council. An eighth move is expected Thursday, bringing the deposit rate to 2%.
Wall Street Journal
28-05-2025
- Business
- Wall Street Journal
RBNZ Cuts Rates, Warns of Coming Slowdown in Global Growth
SYDNEY—The Reserve Bank of New Zealand cut interest rates further Wednesday in a bid to stoke an economic recovery that some economists are warning is under threat. The official cash rate was cut by 25 basis points to 3.25%, the latest in a string of cuts that started in mid-2024.
CNA
21-05-2025
- Business
- CNA
Indonesia central bank cuts rates, as expected
JAKARTA :Indonesia's central bank cut its key interest rate on Wednesday, as expected by the market, resuming its monetary easing after holding policy steady at its previous three Indonesia lowered the benchmark 7-day reverse repurchase rate, known as the BI Rate, by 25 basis points to 5.50 per cent, as expected by 20 of 32 economists polled by Reuters. The rest had predicted BI would stand pat. The central bank also cut its overnight deposit facility and lending facility rates by the same amount to 4.75 per cent and 6.25 per cent, respectively.
Reuters
21-05-2025
- Business
- Reuters
Indonesia central bank cuts rates, as expected
JAKARTA, May 21 (Reuters) - Indonesia's central bank cut its key interest rate on Wednesday, as expected by the market, resuming its monetary easing after holding policy steady at its previous three meetings. Bank Indonesia lowered the benchmark 7-day reverse repurchase rate (IDCBRR=ECI), opens new tab, known as the BI Rate, by 25 basis points to 5.50%, as expected by 20 of 32 economists polled by Reuters. The rest had predicted BI would stand pat. The central bank also cut its overnight deposit facility (IDCBID=ECI), opens new tab and lending facility (IDCBIL=ECI), opens new tab rates by the same amount to 4.75% and 6.25%, respectively.
NHK
16-05-2025
- Business
- NHK
BOJ caution driven by 'underlying inflation'
Japan's inflation rate has exceeded the Bank of Japan's 2 percent target for three years. But the bank's policy rate remains relatively low. The reason for this caution is something the BOJ calls 'underlying inflation.'
