
ECB cuts interest rates by 0.25% amid global trade tensions
The European Central Bank has cut interest rates by 0.25 percentage points to address slowing growth and rising trade tensions affecting the eurozone economy.
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The European Central Bank has cut interest rates by 0.25 percentage points to address slowing growth and rising trade tensions affecting the eurozone economy.
South Korea’s central bank keeps its key interest rate unchanged at 2.75% to support economic stability amid global uncertainties.
China is shifting to a moderately accommodative monetary policy to boost economic growth, support businesses, and align with global trends, providing sustained momentum for its economy.
China’s central bank governor Pan Gongsheng announces potential cuts to interest rates and reserve requirement ratios this year to stimulate economic growth.
The Reserve Bank of Australia has cut the cash rate by 25 basis points to 4.1%, marking its first rate cut since November 2020. The bank remains cautious about further easing due to upside risks.
Tariffs disrupting the US supply chain could lead to inflation and higher interest rates, negatively impacting the US IPO market, warns MarcumAsia co-chairman Drew Bernstein.
India’s central bank has reduced its key lending rate for the first time since 2020 to stimulate economic growth amid slowing GDP figures.
Canada cuts interest rates to 3% amid looming US tariff threats, signaling heightened economic uncertainty.
The U.S. Federal Reserve holds its first meeting of 2023 to address soaring inflation and consider changes to interest rates.
China keeps its key loan prime rates steady at 3.1% for one-year loans and 3.6% for over-five-year loans, signaling a cautious approach while economists predict possible future rate cuts.