The Federal Reserve will almost certainly begin 2025 by keeping interest rates on hold at between 4.25 to 4.5 per cent.
Central banks should be apolitical, not unaccountable. Monetary technocrats should serve the People.
The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian grain exports at the end of 2024, the country's central bank said on Thursday.
The European Central Bank is widely expected to cut interest rates for the fifth time since it began easing monetary policy.
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The head of the Czech National Bank wants to plough billions of euros’ worth of the country’s reserves into bitcoin, a groundbreaking move that could make it the first western central bank known to hold crypto assets.
MOSCOW (Reuters) - Russian companies surveyed by the central bank expect inflation in 2025 of 10.7%, more than double the official forecast, and named labour shortages as one of the main factors stopping them expanding production, the central bank said on Friday.
Argentina's central bank cut its benchmark interest rate by 300 basis points to settle at 29%, it announced in a statement on Thursday.
By Orathai Sriring, Thanadech Staporncharnchai and Devjyot Ghoshal BANGKOK (Reuters) - Thailand's economic growth may falter at under 2.9% this year on the back of a weaker-than-expected fourth quarter where consumption cratered despite a government cash handout aimed up firing up sluggish growth,
By Orathai Sriring, Thanadech Staporncharnchai and Devjyot Ghoshal BANGKOK (Reuters) -Thailand's economic growth may falter at under 2.9% this year after a weaker-than-expected fourth quarter despite a vaunted government cash handout aimed at firing up sluggish growth,
The bank’s monetary policy committee increased the benchmark rate by a full percentage point to 13.25%.