December central bank rate cuts take 2024 easing push to historic level
December marked the biggest monthly tally of rate cuts across G10 central banks since March 2020, when turmoil over the COVID pandemic roiled global markets
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.
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 economy is facing heightened uncertainty. Monetary policy becomes less effective under high uncertainty,
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.
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.
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit
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 ...
Bank regulator resigns before Trump term citing 'risk of dispute'
Sen. Bill Cassidy (R-La.), a medical doctor, said President-elect Trump’s pick for secretary of Health and Human Services, ...
中国日报网10h
Central bank's to-do list points way to stimulate economic vitality
The central bank said it will give full play to its role to stabilize the economy and market expectation in a prudent manner, ...
Vietnam Central Bank Says Monetary Policy Remains Appropriate
Vietnam’s monetary policy stance remains appropriate, central bank Deputy Governor Dao Minh Tu said days after the local ...
China’s central bank overhaul
Justin Trudeau is resigning as Canadian Prime Minister, and Germany’s solar power industry is in trouble. US bankruptcy filings hit their highest rate in 14 years, and the People’s Bank of China has ...
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 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 ...
Transcript: China’s central bank overhaul
Justin Trudeau is resigning as Canada’s prime minister. And the outlook for Germany’s solar panel industry is a bit cloudy. Plus, China’s central bank is planning a policy overhaul. I’m Kasia ...
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 ...