The Reserve Bank of India (RBI) has cut interest rates for the first time in nearly five years, reducing the repo rate to 6.25% to support economic growth. However, Governor Sanjay Malhotra warned of ...
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK. The sharp downgrade, ...
The Bank of England (BoE) has reduced its key interest rate from 4.75% to 4.5% in a move aimed at supporting the UK’s slowing economy, marking its third cut since 2020. The decision reflects growing ...