December central bank rate cuts take 2024 easing push to historic level
Major central banks in December delivered their biggest policy easing push since the spring 2020 COVID rate-cutting frenzy, with the latest moves making the annual 2024 easing effort the biggest in 15 years as policymakers brace for unsteady times.
Fed's Cook Says Central Bank Can Proceed Cautiously With More Cuts
Federal Reserve governor Lisa Cook said Monday that the central bank can afford to take a more gradual approach to interest-rate cuts in the months ahead, even though further reductions will likely be required eventually.
Turkey’s central bank lowers key interest rate to 47.5%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in nearly two years as it tries to control soaring inflation.
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.
Swiss Inflation Falls as SNB Mulls Further Rate Cuts
Inflation edged down to 0.6% in the final month of 2024, reinforcing the Swiss central bank’s decision to cut its key rate for the fourth-straight meeting last month.
Swiss Inflation Slows With More Central-Bank Easing Expected
Swiss inflation slowed in December, supporting the case for more easing in interest rates. Consumer prices rose 0.6% from a year ago, Switzerland’s statistics office said. That matches the median estimate in a Bloomberg survey of economists and is down from November’s reading of 0.
Swiss inflation falls again, pointing to more central bank rate cuts
Swiss inflation fell again in December, according to data on Tuesday, fuelling expectations for more interest rate cuts by the Swiss National Bank this year that markets now view as virtually certain.
Central Bank Gold Statistics: November 2024
Assessing the final act of 2024, central banks around the world continued to play a leading role in the demand for gold.
Thai central bank says interest rate hold was robust policy amid uncertainty
Thailand's central bank said on Monday a decision to hold the key interest rate steady last month was a robust policy as the ...
Foreign Affairs1d
Central Bank Capitalism: Monetary Policy in Times of Crisis
Wullweber argues that financial markets in advanced economies can no longer function without “unconventional policies” from central banks.
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Portugal’s BiG Bank Reportedly Halts Transfers to Crypto Platforms
Portugal's BiG Bank has halted fiat transfers to crypto platforms, citing compliance with European Central Bank guidelines.
Al-Monitor7d
Syrian Maysa Sabreen made first woman central bank chief: senior official
Syrian authorities have appointed Maysa Sabreen as interim central bank governor, a bank official told AFP on Tuesday, the ...
Syria’s Islamist Rulers Name Maysaa Sabrine First Woman to Head Central Bank
The appointment fills a key economic role as the U.S. and Europe look for commitment to women’s rights.
Thai central bank says maintaining interest rate is a robust policy amid uncertainty
Thailand's central bank said on Monday holding the key interest rate steady last month was a robust policy as the economy ...
China’s Central Bank Buys More Gold as Prices Trade Near Record
China’s central bank expanded its gold reserves for a second month in December, signaling renewed appetite after temporarily ...