A central bank has moved to lower borrowing costs to 16 percent, an unusual step taken even as inflation in the country continues to rise. The...
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Egypt’s Central Bank Holds Rates Steady Amid Lingering Geopolitical Uncertainty
Egypt’s central bank kept its benchmark interest rates unchanged at its latest policy meeting, choosing to hold its ground as regional geopolitical risks continue to cloud...
Thai Central Bank Chief Warns of Persistent Weak, Uneven Growth
Thailand’s central bank governor has cautioned that the country’s economic growth is weak and unevenly distributed — and that structural problems will keep it that way...
Fed Minutes Show Officials Cautious on Rate Cuts Amid Lingering Inflation Uncertainty
Federal Reserve policymakers held a careful, deliberate tone at their June meeting, signaling they are in no rush to lower interest rates while inflation remains above...