Central Bank

Bank of Korea plans additional rate cuts in 2025 as prices stabilize

Central bank slashed its policy rate last month for the second time in a row to help prop up the economy

Australia central bank holds interest rates at 4.35 percent

The economy grew by only 0.8 percent over the past year, the slowest pace of growth since the early 1990s

Japan’s economic growth surpasses estimates: 1.2 percent GDP revision and implications for interest rate hikes

Japan's economy grew faster than expected in July-September, driven by higher capital investment and exports 

Fed’s Powell says no need to hurry in lowering interest rates amid stronger U.S. economy

Economy's recent performance has been 'remarkably good, by far the best of any major economy in the world'.

U.S. weekly jobless claims rise marginally as job growth stalls in October

Unadjusted U.S. weekly jobless claims rose 5.4 percent to 212,274 in the week ending November 2

China central bank doesn’t buy gold for 6th straight month

Central bank buying slowed in but demand remained robust at 186 tons

Federal Reserve on track for two 25-basis-point interest rate cuts this year

The Federal Reserve will begin its two-day policy meeting only a day after the U.S. presidential election on Tuesday

Bank of Japan keeps interest rates unchanged at around 0.25 percent

Central bank lowered the projected inflation rate for fiscal 2025 from 2.1 percent to 1.9 percent, below the bank's price stability goal of 2 percent

China cuts benchmark lending rates by 25 basis points

Banks' reserve requirement ratio could decline by another 25 to 50 basis points by the end of the year

South Korea’s inflation slows to 3.5 year low of 1.6 percent in September

September's figure marked the lowest inflation level since February 2021 when consumer prices grew 1.4 percent

Swiss National Bank lowers interest rate to 1.0 percent as inflation falls

Inflation fell to 1.1 percent in August from 1.4 percent in May, partly due to a stronger Swiss franc 

Bank of Japan maintains short-term rate steady at 0.25 percent, upgrades view on consumption

The Bank of Japan ended negative interest rates in March and hiked short-term rates to 0.25 percent in July

Bank of England holds rates at 5 percent, boosting pound to over two-year highs

The Committee unanimously cut U.K. government bond purchases by $93.77 billion, reducing the total to $523.58 billion

U.S. retail sales rise 2.1 percent in August, signaling resilience ahead of Fed’s rate cut verdict

Online store sales rebounded 1.4 percent after falling 0.4 percent in July

IMF supports U.S. Fed’s anticipated easing cycle as inflation risks diminish

IMF projects core U.S. PCE inflation to end 2024 at 2.5 percent, returning to the Fed's 2 percent target by mid-2025 

Russia’s Central Bank hikes interest rate to 19 percent, second increase this year amid ongoing inflation

Annual inflation in the country is currently at 9 percent, surpassing earlier predictions

Japan’s wholesale inflation slows to 2.5 percent in August, easing BOJ price concerns

Currency's significant recovery last month impacted the import price index, which rose 2.6 percent after a 10.8 percent surge in July

U.S. market reactions to CPI results signal strong Fed rate cut expectations amid mixed economic signals

CPI showed annual inflation fell by 0.4 points to a lower-than-expected 2.5 percent

Russia’s gold reserves rise 5.1 percent to $188.8 billion in August

For the first time in a quarter-century, the share of the precious metal in the country’s international reserves exceeded 30 percent

ECB considers rate cuts as inflation reaches lowest levels since mid-2021, says official

Investors expect two or three more borrowing cost cuts this year, with additional actions in 2025 

Eurozone inflation hits 3-year low of 2.2 percent in August, signaling possible ECB rate cut next month

The inflation landscape is gradually improving, highlighting the progress toward the ECB's 2 percent target

U.S. economy grows 3 percent in Q2 2024, powered by robust consumer spending and business investment

This growth marks a strong rebound from a sluggish 1.4 percent increase in Q1 2024 

Fed’s Powell says ‘time has come for policy to adjust’, cementing September rate cut hopes

The upside risks to U.S. inflation have diminished while the downside risks to employment have increased