TOKYO–Consumer inflation in the Tokyo metropolitan area eased in February, cooling speculation about an early interest-rate increase by the Bank of Japan. Consumer prices excluding volatile ...
In recent months, the central bank has shifted its policy approach, reducing reliance on the MLF as its primary tool and increasingly using the seven-day reverse repo rate to guide market ...
South African Reserve Bank (SARB) Governor, Lesetja Kganyago, has cautioned that the proposed 2 percentage points increase in the value-added tax (VAT) would be treated as an “economic shock”.
The Reserve Bank of India (RBI) is expected to cut repo rate by 25-50 basis points (Bps) to 5.7 percent going ahead amid concerns over growth, said economists. Further, they added that the central ...
Following the RBI's 25-basis point repo rate cut, several banks have reduced their home loan interest rates. The Reserve Bank of India's (RBI) reduction of the repo rate by 25 basis points to 6.25 ...
The deposit rate is the rate the central bank pays commercial banks on deposits of overnight money. The January reform has worked to restore market liquidity. The Canadian Overnight Repo Rate Average, ...
UGI Utilities, Inc. announced Monday, that its purchased gas cost rates will increase on March 1, 2025. As a result, UGI says the average residential heating customer receiving gas supply will see ...
This time, the utility provider argues its ask to increase general rates comes with a silver lining for its energy customers: Even with the proposed increase, NV Energy says Southern Nevada ...
The SARB’s Monetary Policy Committee (MPC) cut the benchmark repo rate by 25 basis points in January for the third consecutive meeting following the end of the rates hike cycle that began in ...
Reserve Bank governor Adrian Orr notes the average interest rates banks receive for all the mortgages they issue isn't expected to fall by too much by the end of the year. Photo / Mark Mitchell ...
An economist says he expects to see banks offering more fixed-rate mortgage cuts over the next couple of weeks, following the Reserve Bank’s 50-basis-point cut to the Official Cash Rate.
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