central bank
- Europe
Russian central bank holds interest rate at 21%
The decision has brought criticism from influential business figures, who say high rates are hindering business activity and preventing growth.…
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European Central Bank delivers final rate cut of the year
The ECB started cutting the main interest rates in June 2024, to boost the Eurozone’s lagging economy, through lower rates…
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ECB set to trim interest rates again: What’s next and why it matters
The ECB is set to cut rates by 25 basis points to 3%, with further easing expected into 2025. Lower…
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French central bank expects zero growth in fourth quarter
The bank’s monthly survey shows a rising uncertainty among businesses in Europe’s second-biggest economy. ADVERTISEMENT There is an increasing uncertainty…
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Russian central bank hikes interest rate to record-high 21%
Russia’s central bank has hiked the key interest rate by 200 basis points to a record-high 21% in a bid…
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Czech central bank cuts rates with more reductions expected
The move is in line with dovish signals from other central banks, notably rate cuts from the Fed and the…
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Hungary cuts key interest rate, boosted by US Fed Reserve decision
Policymakers have reduced borrowing costs after a pause in August, although the base rate in Hungary is still the joint…
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Norway holds its benchmark interest rate at 16-year high of 4.5%
Why is one of Europe’s best-performing economies not following in the ECB’s footsteps? ADVERTISEMENT The Norges Bank decided to keep…
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