Canada becomes first G7 central bank to cut interest rates this cycle

central bank has cut its main interest rate, making it the first G7 nation to loosen monetary... Andrew Grantham, a senior economist at the Canadian Imperial Bank of Commerce, called the...

US goes big with first interest rate cut in four years

The US central bank has lowered interest rates for the first time in more than four years... recent Commerce Department figures show. Retail spending has also remained resilient. Inflation...

Fed keeps interest rates at 23-year high

7% higher than a year ago, according to the Commerce Department's inflation yardstick, which... central bank will have to raise interest rates higher to bring inflation under control. "My...

Bangkok Post - Central bank urged to reduce interest rates

The Commerce Minister has urged the Bank of Thailand (BoT) to cut interest rates and maintain the value of the baht, hoping to increase exports and increase GDP.

The painful end of free money as real interest rates start to rise | CBC News

Many Canadian borrowers find the concept of real versus nominal interest rates hard to grasp, but one of Canada's top experts in central banking says rising real rates will make paying off a mortga...

Jerome Powell Announces Interest Rate Cut After Inflation Cools

central bank cut its benchmark interest rate after inflation... In September, the Fed cut rates to between 4.75 and 5... On October 31, the Commerce Department reported that prices rose 2.1...

US GDP report: The economy grew 2.8% in Q2

8% in the April-to-June period, the Commerce Department said... high interest rates and inflation the past two years as a... the central bank think twice about reducing rates in the near term.

Bank of England keeps interest rates at 5.25% in ‘finely balanced’ decision | Interest rates

The Bank of England has held interest rates at 5.25% for the seventh consecutive time in what it described as a “finely balanced” decision. Dashing Rishi Sunak’s hopes of a pre-election cut in the cost of borrowing, a majority of the Bank’s monetary policy committee (MPC) said they wanted to see further evidence that price growth would remain subdued. Financial markets expected the decision, despite a fall in inflation in May to the Bank’s 2% target. Andrew Bailey, the Bank’s governo...

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