While the board confirmed the view the BOJ would continue to raise rates if its economic and price projections were met, many called for vigilance to various risks, the minutes showed.
the target for the overnight rate—on eight fixed dates per year. The Bank began shifting emphasis from the Bank Rate to the target for the overnight rate as its key monetary policy instrument. This ...
Here’s how many minutes you should walk as per your age: According to Dr. Amit Chhabra, Senior Consultant, Endocrinology, Yashoda Super Speciality Hospital, Kaushambi, “Young folks aged 18 to ...
According to the minutes of the meeting, both these members, Nagesh Kumar and Ram Singh, had voted for a policy repo rate cut of 25 basis points. The Monetary Policy Committee decided to keep the rate ...
High prices are the cause for demand slowdown in India, and aligning inflation to the central bank's 4% target is key to ensuring sustained economic growth, members of the rate-setting panel said in ...
The US Federal Reserve lowered interest rates by 0.25%. This is the third rate cut in a row. Inflation has been rising recently. The Fed's move comes before Donald Trump replaces Joe Biden as ...
The Bank of England has held interest rates at 4.75% in December - following two falls in 2024. Interest rates affect the mortgage, credit card and savings rates for millions of people across the UK.
The Federal Reserve cut interest rates by a quarter point Wednesday, but projected just two rate cuts in 2025, down from its original forecast for four. • That sent markets into a tailspin ...
Bank of Japan (BoJ) Governor Kazuo Ueda explains reasons behind keeping interest rates intact at the December meeting while speaking at the post-policy meeting press conference on Thursday.
Announcing the account, it said it offered a "market leading" rate of 6% for a regular saver. It can be opened by those who have been with the society continuously since at least 1 January 2024.
While the Fed cut its policy rate for a third consecutive meeting to a new range of 4.25 to 4.5 per cent, it noted that US unemployment remained low and inflation was still “somewhat elevated”.