China's central bank might cut interest rates from current level of 1.5% in 2025, FT reports
China's central bank said it was likely it would cut interest rates from the current level of 1.5% “at an appropriate time” in 2025, the Financial Times reported on Friday citing comments the bank made to the newspaper.
Freelancers ask central bank to cut interest rate, help businesses near bankruptcy
The forum emphasized that a rate cut could help mitigate some of the increased costs that freelancers and business owners are expected to face in 2025.
China's central bank vows 'moderately loose' monetary policy
BEIJING: China's central bank has outlined a "moderately loose" monetary plan aimed at boosting domestic demand to spur growth, days after President Xi Jinping called for more proactive macroeconomic policies.
China’s central bank says it will cut banks reserves, rates at proper time
China's central bank said it is likely to cut interest rates from the current level of 1.5% "at an appropriate time" in 2025, the Financial Times reported on Friday citing comments the bank made to the newspaper.
FirstFT: China’s central bank prepares for historic monetary policy shift
The People’s Bank of China plans to cut interest rates this year as it makes a historic shift to a more orthodox monetary policy in line with the US Federal Reserve and the European Central Bank. In comments to the Financial Times,
China’s central bank prepares a full-on economic policy change
The People’s Bank of China (PBoC) is rewriting its playbook, breaking away from decades of rigid, state-controlled monetary policy. In 2025, it’s planning a game-changing interest rate cut from its current 1.
The Daily Mirror1h
Central Bank caps back-to-back years of outsize FX purchases in 2024
The Central Bank ended 2024 purchasing potentially the largest amount of foreign exchange from the domestic banking system for a single year in their quest to rebuild the foreign currency reserves to ...
Czech Central Bank Head Calls Budget Deficit Top Inflation Risk
Czech central bank chief Ales Michl called on the government to balance its budget to help prevent any future inflation ...
Lending may have slowed 'faster than necessary' in Russia's inflation fight, says central-bank official
Bank interest rates on deposits and loans rose much higher than the central bank's key rate, causing a slowdown in lending ...
Thai economic uncertainty has increased, central bank minutes say
Uncertainty around the Thai economy has significantly increased primarily due to the unclear impact of possible U.S. economic ...
Mauritius Former Central Bank Chief Gets Bail in Fraud Inquiry
Mauritius’ former central bank governor Harvesh Seegolam was granted bail on Saturday after a provisional charge of ...
Probe into central bank shows ‘chronic’ corruption in Indonesia, say analysts
Investigation into Bank Indonesia's social aid funds is the third graft case involving the central bank. Read more at ...
Arab Times3h
Kuwait Central Bank tightens security measures on payments without ‘OTP’
The Central Bank of Kuwait has issued a circular to all local banks regarding financial limits on bank cards and payment ...
Interaksyon on MSN1d
Philippine central bank says 2024 current account deficit wider than expected
The Philippines current account deficit for 2024 will be much wider than previously expected, the central bank said on Friday ...
China central bank calls in mutual funds to flag bond investment risks, sources say
China's central bank summoned some fund managers on Friday to warn against frenzied buying of government bonds that has ...