Rachel Reeves told winter fuel cut ‘no longer necessary’ as UK given £10bn boost
Rachel Reeves is under pressure to re-think the winter fuel allowance cut after the Bank of England threw the Chancellor a ...
BOE’s Mann Says MPC Should Move Slowly Then Cut Aggressively
Bank of England policymaker Catherine Mann said she would prefer to keep rates higher for longer and then cut more ...
SME1h
Interest Rate in South Africa: Changes Bring Relief for SMEs
The interest rate for South Africa has been lowered by 25 basis points. This brings the repo rate to 8% and prime rate to ...
Pound rockets to more than two-year high after BoE rate decision
Sterling soared to its highest level in two and a half years against the US dollar after the Bank of England held its ...
‘Modest’ rate cut brings some relief to consumers
Overall, global conditions have become more favourable, but there are still risks.” The cut places the repo rate at 8%.
The Citizen2h
Repo rate drops for the first time since 2020
The South African Reserve Bank’s Monetary Policy Committee (MPC) has decided to cut the repo rate by 25 basis points, ...
BofA predicts deeper Fed rate cuts despite hawkish tone - 75 bps in Q4 and 125 bps in 2025
Bank of America predicts deeper Federal Reserve rate cuts despite its recent 50 bps reduction. They forecast an additional 75 ...
richest3h
South African Reserve Bank cuts interest rate
There was good news for South Africans in debt on Thursday when the SARB's monetary policy committee elected to cut the ...
moneycontrol.com4h
No material change in market outlook post Fed rate cut; all eyes on RBI now: MC Poll
The unanimous view was that the US Fed rate cut was on expected lines – hence the subdued reaction on Thursday – and the ...
i4hOpinion
Lowering interest rates is most likely to be a gradual process
Although the Fed – the US’s equivalent of the Bank of England – opted to cut rates by 0.5 percentage points on Wednesday, a ...
EWN Sport5h
SARB's MPC announces first repo rate cut in 4 years
The central bank’s Monetary Policy Committee has decided to cut the repo rate by 25 basis points, which will take effect from Friday.
Risk5h
Pricing and funding pressures hit gilt repo dealers
Some banks have begun to step back from offering balance sheet capacity for gilt repo, as increased funding costs clash with increased demand for cheap pricing from real money clients.