Colombia central bank holds benchmark interest rate at 9.50% in surprise move
Colombia's central bank held the benchmark interest rate at 9.50% on Friday, surprising the market, which expected policymakers to vote for a second consecutive 25 basis point cut. The decision was backed by five members of the seven-member board.
Fed meeting recap: Powell says central bank is in no hurry to cut rates again
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair Jerome Powell’s press conference.
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany.
Colombia central bank seen slowing rate cuts in first meeting of the year
Board members of Colombia's central bank are expected to opt for a smaller rate cut when they meet on Friday on uncertainty around inflation, the nation's fiscal situation and policy moves by the U.S.
European Central Bank warns of weak economy after delivering quarter-point rate cut
The European Central Bank is widely expected to cut interest rates for the fifth time since it began easing monetary policy.
Czech central bank head wants it to buy billions of euros in bitcoin
The head of the Czech National Bank wants to plough billions of euros’ worth of the country’s reserves into bitcoin, a groundbreaking move that could make it the first western central bank known to hold crypto assets.
European Central Bank expected to cut interest rates
The European Central Bank (ECB) is expected to cut key interest rates again on Thursday in what would be the fifth rate cut in the eurozone since mid-2024. Economists expect the central bank to cut the key deposit rate - the interest that banks receive for parking funds at the ECB - by 0.
Fed’s Bowman Skeptical That Central Bank Still Very Restrictive
Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...
Central bank decisions — as they happened: Powell says no rush to adjust Fed policy stance; Canada cuts rates for sixth consecutive meeting
The Federal Reserve will almost certainly begin 2025 by keeping interest rates on hold at between 4.25 to 4.5 per cent.
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Against Central Bank Independence
For example, central bank independence seems to go hand-in-hand with lower inflation when the rule of law is strong. But, in ...
Exclusive: Thailand's economy may underperform with consumption weak, warns central bank chief
Thailand's economic growth may falter at under 2.9% this year after a weaker-than-expected fourth quarter despite a vaunted ...
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Syria Appoints First Woman As Central Bank Governor
In late December, Maysaa Sabreen was appointed caretaker governor of the Central Bank of Syria. Sabreen stepped up from ...
Bank robbery suspect ran from officers, throwing money along the way, citation says
Cruse took off running, ignoring commands from officers to stop and throwing money from the bank robbery as he went. He is ...
EU vessel sanctions weigh on Russian grain exports, central bank says
The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian ...
Brazil’s Central Bank Raises Rates as Inflation Sticks, Credibility Falters
The bank’s monetary policy committee increased the benchmark rate by a full percentage point to 13.25%.