Latest News for: Banking policy

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Norway keeps its policy interest rate unchanged at a 16-year high

Gulf Today 19 Sep 2024
Norway’s central bank held its policy interest rate unchanged at a 16-year high of 4.50 per cent on Thursday, as widely expected, and said any cuts must wait until the first quarter of next year, boosting the crown currency.
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Norway keeps rate on hold, says restrictive policy needed

Colorado Springs Gazette 19 Sep 2024
OSLO (Reuters) - Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as widely expected, and said any cuts must wait until the first quarter of next year, boosting the crown currency.
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Norway central bank keeps rate on hold, eyes 2025 cut

RTE 19 Sep 2024
Norway's central bank has held its policy interest rate unchanged at a 16-year high of 4.5%, as widely expected, and said it plans to start cutting borrowing costs in the first quarter of next year, boosting the crown currency.
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Norwegian central bank holds policy rate at 4.5 pct

Xinhua 19 Sep 2024
The decision, made during a meeting of the central bank's Monetary Policy and Financial Stability Committee on Wednesday, reflects a continued commitment to managing inflationary pressures ... Norwegian central bank holds policy rate at 4.5 pct.
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BOJ likely to forgo rate hike amid concerns over borrowing cost rise

Kyodo 19 Sep 2024
The Bank of Japan began a two-day policy meeting Thursday amid growing expectations that the central bank would keep interest rates steady to check the impact on markets from its previous rate hike.
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TEXT-Bank of England's Monetary Policy Summary

Colorado Springs Gazette 19 Sep 2024
12 noon BANK OF ENGLAND MONETARY POLICY SUMMARY, SEPTEMBER 2024. The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% ... to maintain Bank Rate at 5% ... Bank Rate by 0.25.
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Bank of England keeps policy rate constant

Anadolu Agency 19 Sep 2024
The Bank of England kept its policy interest rate constant at 5% on Thursday, in line with market expectations. The bank’s monetary policy committee voted by an 8-1 majority to keep the rate unchanged.
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Canada Drops Plans for Digital Loonie After Extensive Research

The Arabian Post 19 Sep 2024
The Bank of ... As technological and economic conditions evolve, central banks are continuously reassessing their strategies to ensure that they align with broader financial stability and policy goals.
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Turkiye: Central bank steadies interest rate at 50 percent

Kuna 19 Sep 2024
The central bank said in a statement that it had decided to maintain the interest rate at 50 percent noting that tools of the monetary policy would be effectively employed in case the inflation drasticly rose.
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How US Federal Reserve's rate cut decision impacts policies around the world

Hindustan Times 19 Sep 2024
Thursday will probably see the Bank of England keeping policy unchanged, while the South African Reserve Bank is expected to lower its rate by a quarter point ... The Bank of Japan is widely expected to keep interest rates unchanged on Friday.
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US Fed cuts rate by 50bps: What it signals, and its impact

Financial Express 19 Sep 2024
Powell, however, underlined that the rates were not on a \u201cpreset\u201d path and said that if inflation proved to be resilient, the central bank could \u201cdial back policy restraint more slowly\u201d.
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Fed opens up policy space around the world without feeding panic

Detroit news 19 Sep 2024
monetary policy has significant repercussions for the 20-nation bloc ... Thursday saw the Bank of England keeping policy unchanged, while the South African Reserve Bank is expected to lower its rate by a quarter point.
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Türkiye's central bank holds key interest rate unchanged for 6th consecutive month

Xinhua 19 Sep 2024
"When all indicators pertinent to monthly inflation are jointly analyzed, its underlying trend is assessed to have displayed no discernible change in August," said a statement issued by the central bank's Monetary Policy Committee.
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Fed moves set to give PBOC more options

China Daily 19 Sep 2024
Yang Delong, chief economist at First Seafront Fund, said the Fed entering a rate cut cycle has provided a firm foundation for the People's Bank of China, the country's central bank, to implement of a relatively loose monetary policy.
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CX Daily: Why and How China’s Overhauling Monetary Policy (Part 3)

Caixin Online 19 Sep 2024
China’s central bank has started a major overhaul of how it manages monetary policy as the country adapts to slowing ...

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In this photo taken from video released by Russian Defense Ministry press service on Thursday, Sept. 19, 2024, Russian servicemen fire Giatsint-B gun towards Ukrainian positions at an undisclosed location in Ukraine.
AP / Russian Defense Ministry Press Service via AP
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