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China asks banks to lower interbank deposit rates to boost growth, Bloomberg News reports

Admin - November 7, 2024

(Reuters) - Chinese regulators have asked the country's banks to lower the rates they pay to deposits from other financial...

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ECB policymakers press case for October rate cut

Admin - October 9, 2024

By Balazs KoranyiFRANKFURT (Reuters) - Several European Central Bank policymakers argued their case on Wednesday for another interest rate cut next week, even if...

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European Central Bank cuts benchmark rate by a quarter point as inflation declines

Admin - September 12, 2024

FRANKFURT, Germany (AP) — With inflation subsiding, the European Central Bank cut interest rates again on Thursday to prop up tepid growth with lower...