India lowers its key lending rate for the third time this year as its economic expansion continues to slow
MUMBAI—India’s central bank on Thursday lowered its key lending rate for the third time this year as the country’s economic expansion continued to slow. The Reserve Bank of India’s monetary policy committee cut the rate by a quarter of a percentage point to 5.
75%.To Read the Full StorySouth Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
India central bank seen cutting rates, may turn 'accommodative' after dismal GDPA worrying slowdown in India's economy makes a cut in the central bank&039...
Read more »
Australia cuts rates as global central banks move to head off trade shocksAustralia's central bank cut rates to a record low on Tuesday and signaled ...
Read more »
China's central bank is poised to cut interest rates amid trade war, economist saysThe People's Bank of China is expected lower rates twice later in 2019 and once in 2020 amid the country's trade fight with the U.S., said a Bank of America Merrill Lynch economist on Wednesday.
Read more »
The Fed is 'indicating that a rate cut is coming,' says former central bankerInvestors are expecting the Federal Reserve to cut interest rates, arguing that the ongoing U.S.-China trade war is threatening to slow down the global economy.
Read more »
Australia central cuts rates to record lows as growth sagsAustralia's central bank cut its cash rate to a record low 1.25% on Tuesday...
Read more »
Australian treasurer urges banks to pass on any rate cut: mediaAustralia's treasurer has told the heads of the country's big four ban...
Read more »
Keep it easy! Emerging central banks keep cutting rates in MayInterest rate cuts by emerging market central banks outstripped rate hikes for a...
Read more »
Huawei cuts orders to key suppliers after U.S. blacklisting: NikkeiChina's Huawei Technologies Co Ltd has cut or canceled orders to major supp...
Read more »
Huawei denies report that orders to key suppliers cut after U.S. blacklistingHuawei Technologies Co Ltd has cut or canceled orders to major suppliers of comp...
Read more »
People are buying up the asset class that loves trade wars, central bank easing and volatilityFear about slowing growth and the prospect of lower interest rates have pushed the price of gold higher, but analysts say it may be nearing the top of its run for now.
Read more »
South Africa’s central bank debate goes off-pisteA shrinking economy is prodding the ruling ANC to talk of “quantity easing” and changing the respected central bank’s remit. The constitution protects monetary policymakers’ independence and inflation mandate. But the growing confidence of would-be money printers is worrying.
Read more »