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Kenya, Central Bank and Lending Rate
Kenya Central Bank Cuts Main Lending Rate to Boost Private Sector Credit
NAIROBI (Reuters) -Kenya's central bank cut its benchmark lending rate to 12.00% on Tuesday, from 12.75%, the bank's monetary policy committee (MPC) said, adding that the move was aimed at boosting credit to the private sector.
Kenya central bank cuts main lending rate to 12%
Kenya's central bank cut its benchmark lending rate to 12.00% on Tuesday, from 12.75%, the bank's monetary policy committee (MPC) said, adding that the move was aimed at boosting credit to the private sector.
Debtors in Kenya offered some relief with a record interest rate cut
The Kenyan interest rate has been cut by a large margin, the like of which was last seen during the global pandemic. The Kenyan economy has been on a recovery path given its steadily declining inflation levels since the year began.
New Zealand's Central Bank Cuts Cash Rate 50 Bps to 4.75%
WELLINGTON - New Zealand's central bank slashed the cash rate by 50 basis points to 4.75% on Wednesday and said it assesses that annual consumer price inflation is within its 1% to 3% inflation target range.
Fed Officials Debated Whether a Big Rate Cut Was Smart
Fed Minutes Show Robust Debate About Size of September Rate Cut
Federal Reserve Chair Jerome Powell received some pushback on a half-point interest-rate cut in September, as some officials preferred a smaller, quarter-point cut.
Fed’s September minutes confirm gradual path for rate cuts
More dissent against the jumbo rate cut than the voting record showed suggests US central bank will be more cautious in future
Fed Officials Debated Whether a Big Rate Cut Was Smart in September
Freshly-released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.
3h
China’s Central Bank Launches Swap Facility to Boost Stock Market
China’s central bank is moving ahead with a 500-billion-yuan swap facility to let securities, fund, and insurance firms get ...
3h
on MSN
China central bank kicks off 500 billion yuan swap facility to aid stock market
China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly ...
2h
China’s central bank launches 500 billion yuan swap facility to boost capital market
The People's Bank of China (PBC), the central bank, announced on Thursday the launch of a 500 billion yuan ($70.61 billion) swap facility that allows eligible financial institutions to use assets as ...
20h
on MSN
India Central Bank Holds Rate Steady, Shifts Policy Stance
India’s central bank kept its benchmark rate unchanged, staying focused on inflation amid geopolitical tensions, but shifted ...
14h
Israel central bank holds rates, but says inflation spike could spur rate hike
The Bank of Israel kept interest rates unchanged on Wednesday for a sixth straight meeting, but raised the prospect of future ...
Opinion
American Banker
14h
Opinion
Tokenized deposits are the real game changer in the financial sector
It won't be cryptocurrencies or central bank digital coins that revolutionize global finance, but rather banks offering ...
1d
Brazil’s New Central Bank Head Clears Senate Confirmation Easily
Brazil’s Senate gave its final approval to Gabriel Galipolo’s nomination as central bank governor late on Tuesday, clearing ...
Yen on MSN
1h
China's central bank says opens up $70.6b in liquidity to boost market
China's central bank boosted support for markets on Thursday as it launched a "swap facility" offering firms access to ...
The Nassau Guardian
1d
Banks don't like the way Central Bank direction on fees was rolled out, Bowe reveals
Chairman of the Clearing Banks Association Gowon Bowe said yesterday the only negative reaction to a recent direction from ...
2d
India central bank seen on hold, but may open door to easing
India's central bank is likely to keep rates steady on Wednesday, with a small number of investors betting on the probability ...
15h
on MSN
Mexico Inflation Slows More Than Expected With Banxico Easing
Mexico’s annual inflation slowed more than expected for in September, likely helping to keep a third straight interest rate ...
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