Norway central bank keeps rate on hold, plans March cut Norway's central bank held its policy interest rate unchanged at a 17-year high of 4.5% today, as unanimously expected by analysts in a Reuters poll, and maintained plans to start cutting borrowing costs in March. Business • 23 Jan 25
Norway central bank keeps rate on hold, plans March cut Norway's central bank held its policy interest rate unchanged at a 17-year high of 4.5% today, as unanimously expected by analysts in a Reuters poll, and maintained plans to start cutting borrowing costs in March. Business • 23 Jan 25
ECB should debate how much more it can cut rates The European Central Bank is on track to lower inflation and cut interest rates but needs to have a deep think about how much further and how quickly policy should be eased, ECB board member Isabel Schnabel said over the weekend. Business • 20 Jan 25
ECB should debate how much more it can cut rates The European Central Bank is on track to lower inflation and cut interest rates but needs to have a deep think about how much further and how quickly policy should be eased, ECB board member Isabel Schnabel said over the weekend. Business • 20 Jan 25
ECB must be prudent with rate cuts given high uncertainty The European Central Bank is likely to keep easing policy this year but needs to be cautious as exceptional uncertainty, from a potential global trade war to domestic politics, cloud the outlook, two of the bank's top officials said today. Business • 15 Jan 25
ECB must be prudent with rate cuts given high uncertainty The European Central Bank is likely to keep easing policy this year but needs to be cautious as exceptional uncertainty, from a potential global trade war to domestic politics, cloud the outlook, two of the bank's top officials said today. Business • 15 Jan 25
ECB seeking middle ground with rate cuts - Lane The European Central Bank can ease policy further this year but must find a middle ground that neither induces a recession nor causes an undue delay in curbing inflation, ECB chief economist Philip Lane has said. Business • 14 Jan 25
ECB seeking middle ground with rate cuts - Lane The European Central Bank can ease policy further this year but must find a middle ground that neither induces a recession nor causes an undue delay in curbing inflation, ECB chief economist Philip Lane has said. Business • 14 Jan 25
Markets rode AI, interest rate roller coaster in 2024 Despite political upheavals, stock markets and bitcoin smashed records in 2024, fuelled by investor enthusiasm for AI, falling interest rates, and hopes of tax cuts. Business • 31 Dec 24
Markets rode AI, interest rate roller coaster in 2024 Despite political upheavals, stock markets and bitcoin smashed records in 2024, fuelled by investor enthusiasm for AI, falling interest rates, and hopes of tax cuts. Business • 31 Dec 24
2024 in Review - a year of central bank rate cuts The Bank of England wrapped up a big year of central bank rate cuts by keeping rates steady on Thursday December 19 - a day after the Federal Reserve eased policy but suggested it would be more cautious in 2025. Business • 27 Dec 24
2024 in Review - a year of central bank rate cuts The Bank of England wrapped up a big year of central bank rate cuts by keeping rates steady on Thursday December 19 - a day after the Federal Reserve eased policy but suggested it would be more cautious in 2025. Business • 27 Dec 24
Russian central bank keeps rates on hold The Russian central bank kept its key interest rate on hold at 21% today, surprising the market, which had expected a 2 percentage point increase, and saying recent tightening had created conditions for inflation to fall towards its target. Business • 20 Dec 24
Russian central bank keeps rates on hold The Russian central bank kept its key interest rate on hold at 21% today, surprising the market, which had expected a 2 percentage point increase, and saying recent tightening had created conditions for inflation to fall towards its target. Business • 20 Dec 24
Norway's central bank keeps rate on hold, eyes March cut Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.5% today, as expected, and said it now planned to cut rates three times in 2025, down from four cuts seen previously. Business • 19 Dec 24
Norway's central bank keeps rate on hold, eyes March cut Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.5% today, as expected, and said it now planned to cut rates three times in 2025, down from four cuts seen previously. Business • 19 Dec 24
Swedish central bank cuts policy rate, may ease again Sweden's central bank cut its key interest rate by a quarter percentage point to 2.50% as expected today, but said it now saw reasons to be more cautious about cutting rates in early 2025. Business • 19 Dec 24
Swedish central bank cuts policy rate, may ease again Sweden's central bank cut its key interest rate by a quarter percentage point to 2.50% as expected today, but said it now saw reasons to be more cautious about cutting rates in early 2025. Business • 19 Dec 24
Scale of ECB rate cuts decided at each meeting - Rehn Finnish ECB policymaker Olli Rehn said today that euro area inflation is more clearly stabilising at the European Central Bank's 2% target, and that this helps set the stage for further interest rate reduction. Business • 17 Dec 24
Scale of ECB rate cuts decided at each meeting - Rehn Finnish ECB policymaker Olli Rehn said today that euro area inflation is more clearly stabilising at the European Central Bank's 2% target, and that this helps set the stage for further interest rate reduction. Business • 17 Dec 24
Australia's central bank closer to cutting rates Australia's central bank is getting closer to joining its peers in cutting interest rates, having sat tight for over a year now, but much will depend on the data to decide whether it can move as early as February. Business • 10 Dec 24
Australia's central bank closer to cutting rates Australia's central bank is getting closer to joining its peers in cutting interest rates, having sat tight for over a year now, but much will depend on the data to decide whether it can move as early as February. Business • 10 Dec 24
The pressure's on - five questions for the ECB The European Central Bank looks set to cut rates again on Thursday as inflation heads down, and financial markets are keen for a sense of whether a more challenging environment will spark speedier moves ahead. Business • 09 Dec 24
The pressure's on - five questions for the ECB The European Central Bank looks set to cut rates again on Thursday as inflation heads down, and financial markets are keen for a sense of whether a more challenging environment will spark speedier moves ahead. Business • 09 Dec 24
ECB rate cut of 0.25% possible, not more - ECB's Holzmann It is "conceivable" that the European Central Bank will cut interest rates by 25 basis points at its next rate-setting meeting this month but not more, ECB policymaker Robert Holzmann said in a newspaper interview published today. Business • 04 Dec 24
ECB rate cut of 0.25% possible, not more - ECB's Holzmann It is "conceivable" that the European Central Bank will cut interest rates by 25 basis points at its next rate-setting meeting this month but not more, ECB policymaker Robert Holzmann said in a newspaper interview published today. Business • 04 Dec 24
Australia's third quarter GDP growth disappoints Australia's economy in the third quarter grew at the slowest annual pace since the pandemic, disappointing hopes for a rebound as government spending did all of the heavy lifting and consumers remained cautious. Business • 04 Dec 24
Australia's third quarter GDP growth disappoints Australia's economy in the third quarter grew at the slowest annual pace since the pandemic, disappointing hopes for a rebound as government spending did all of the heavy lifting and consumers remained cautious. Business • 04 Dec 24
ECB's Lane says bank should focus on future risks - FT The European Central Bank should make future monetary policy decisions based on upcoming risk rather than the latest economic data, ECB chief economist Philip Lane told the Financial Times in an interview published today. Business • 02 Dec 24
ECB's Lane says bank should focus on future risks - FT The European Central Bank should make future monetary policy decisions based on upcoming risk rather than the latest economic data, ECB chief economist Philip Lane told the Financial Times in an interview published today. Business • 02 Dec 24
Rate cuts coming but rising costs put SMEs under pressure There is good news on the horizon for businesses but also plenty of uncertainty, according to Treasury Solutions CEO John Finn. Business • 29 Nov 24
Rate cuts coming but rising costs put SMEs under pressure There is good news on the horizon for businesses but also plenty of uncertainty, according to Treasury Solutions CEO John Finn. Business • 29 Nov 24
ECB policy 'should not remain restrictive for too long' The European Central Bank should not keep its monetary policy tight for too long or inflation could fall below target, ECB chief economist Philip Lane, said today, while praising the bank's gradual approach to cutting rates. Business • 25 Nov 24
ECB policy 'should not remain restrictive for too long' The European Central Bank should not keep its monetary policy tight for too long or inflation could fall below target, ECB chief economist Philip Lane, said today, while praising the bank's gradual approach to cutting rates. Business • 25 Nov 24
Bank of Ireland cuts its fixed mortgage rates by 0.5% Bank of Ireland has become the latest mortgage lender to announce cuts in its mortgage lending rates. Business • 19 Nov 24
Bank of Ireland cuts its fixed mortgage rates by 0.5% Bank of Ireland has become the latest mortgage lender to announce cuts in its mortgage lending rates. Business • 19 Nov 24
Rate cut next month not yet certain - Makhlouf The Governor of the Central Bank has said it would be going a bit far to say an ECB interest rate cut next month is in the bag. Business • 18 Nov 24
Rate cut next month not yet certain - Makhlouf The Governor of the Central Bank has said it would be going a bit far to say an ECB interest rate cut next month is in the bag. Business • 18 Nov 24
ECB to cut interest rates further, De Guindos says The European Central Bank is on its path to cut interest rates further as recent euro zone data show inflation is on track to reach the bank's 2% goal, its Vice-President Luis de Guindos said today. Business • 14 Nov 24
ECB to cut interest rates further, De Guindos says The European Central Bank is on its path to cut interest rates further as recent euro zone data show inflation is on track to reach the bank's 2% goal, its Vice-President Luis de Guindos said today. Business • 14 Nov 24
Bank of England cuts rates but sees higher inflation The Bank of England cut interest rates today for only the second time since 2020 and said future reductions were likely to be gradual as it predicted the British government's first budget would lead to higher inflation and economic growth. Business • 07 Nov 24
Bank of England cuts rates but sees higher inflation The Bank of England cut interest rates today for only the second time since 2020 and said future reductions were likely to be gradual as it predicted the British government's first budget would lead to higher inflation and economic growth. Business • 07 Nov 24
Norway's central bank keeps rate on hold again Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.5% today, as unanimously expected by analysts in a Reuters poll and reiterated that it will stay on hold until the end of the year. Business • 07 Nov 24
Norway's central bank keeps rate on hold again Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.5% today, as unanimously expected by analysts in a Reuters poll and reiterated that it will stay on hold until the end of the year. Business • 07 Nov 24
Swedish central bank trims rates by 50 basis points Sweden's central bank cut its key interest rate to 2.75% from 3.25% today, as expected, and said that if the economic and inflation outlooks remain the same it may also cut the rate in December and in the first half of 2025. Business • 07 Nov 24
Swedish central bank trims rates by 50 basis points Sweden's central bank cut its key interest rate to 2.75% from 3.25% today, as expected, and said that if the economic and inflation outlooks remain the same it may also cut the rate in December and in the first half of 2025. Business • 07 Nov 24
Bank of Japan keeps rates steady, flags global risks The Bank of Japan has maintained ultra-low interest rates today and signalled the need to scrutinise global economic developments, highlighting its focus on risks to a fragile domestic recovery in deciding when to next tighten policy. Business • 31 Oct 24
Bank of Japan keeps rates steady, flags global risks The Bank of Japan has maintained ultra-low interest rates today and signalled the need to scrutinise global economic developments, highlighting its focus on risks to a fragile domestic recovery in deciding when to next tighten policy. Business • 31 Oct 24
Euro zone disinflation on track, Lagarde says Euro zone inflation is "well on track" to hit the European Central Bank's 2% target next year, ECB President Christine Lagarde said today, repeating the bank's most recent guidance. Business • 25 Oct 24
Euro zone disinflation on track, Lagarde says Euro zone inflation is "well on track" to hit the European Central Bank's 2% target next year, ECB President Christine Lagarde said today, repeating the bank's most recent guidance. Business • 25 Oct 24
