India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
The Indian rupee is expected to linger near a lifetime low at the open on Friday before the central bank most likely cuts ...
Central banks stormed back into the gold market in the final three months of last year, playing a key role in the metal ...
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates. By Eshe Nelson Reporting from London The ...
The world's leading central bank umbrella group, the Bank for International Settlements, has delivered its first public ...
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Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
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