Swedish central bank cuts policy rate, cautious on easing in 2025
By Simon Johnson STOCKHOLM (Reuters) -Sweden's central bank cut its key interest rate by quarter of a percentage point to 2.50% as expected on Thursday, but said that after easing...
TEXT-Bank of England's Monetary Policy Summary
12 noon BANK OF ENGLAND MONETARY POLICY SUMMARY, DECEMBER 2024 The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps...
Imminent Russian rate hike adds to dismal outlook for house-buyer hopefuls
By Lev Sergeev, Anastasia Bakhur and Alexander Marrow MOSCOW (Reuters) - Soaring borrowing costs are cooling demand in Russia's real estate market, with potential buyers scared...
Bank of England keeps benchmark rate unchanged, as expected
- The Bank of England left interest rates unchanged Thursday, taking a gradual approach towards easing its monetary policy as inflation pressures remain...
Even in the euro zone, king cash is about to lose its throne
By Francesco Canepa FRANKFURT (Reuters) - Cash is close to losing its status as the main means of payment in the euro zone, traditionally one of the most resistant corners of the...
ECB should continue small rate cuts, Patsalides tells Reuters
-- The European Central Bank (ECB) should maintain a strategy of implementing small, gradual interest rate cuts, according to Cypriot policymaker Christodoulos...
Cautious Fed enters new phase as focus swings back to inflation
-- The Federal Reserve reduced its benchmark interest rate by 25 basis points on Wednesday, marking the third consecutive cut but signaling caution about the pace of...
No need for ECB to start stimulating growth, Patsalides says
By Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank should keep cutting interest rates by small increments and there is no need to ease policy to a level that starts...
Here are the key takeaways from Putin's annual press conference
-- On Thursday, Russian President Vladimir Putin expressed readiness for a dialogue with U.S. President-elect Donald Trump, while also discussing Russia's economic...
Norway keeps rates on hold, eyes three cuts in 2025
OSLO (Reuters) -Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as expected, and said it now planned to cut rates three times...