A member of the Central Bank of Nigeria’s Monetary Policy Committee, Muhammad Abdullahi, has said that imported inflation poses a significant challenge to the price stability of domestic products.This ...

Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that ...

LONDON (Reuters) - Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not ...

The decision was in line with a Reuters poll, where over 70% of economists had predicted a quarter-point reduction, and marked the first reduction in India's key rate since May 2020 ...

Economists had seen a strong case for a cut after advance data for the financial year ending March signaled that India's economy slowed to a four-year low. The latest budget added to those ...

(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to ...

India's central bank has kicked off its easing cycle, cutting its policy rate for the first time in nearly five years as economic growth slows and inflation cools.

The Bank of England has cut its main interest rats for the third time in six months as the British economy is struggling to ...

Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...

The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate. In Q4 2024, the CPI inflation was measured at 2.5% in the UK.

The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the ...