Singapore's central bank eased its monetary policy for the first time in nearly five years, making the change as it forecast slower growth and contained inflation at home amid rising uncertainty from ...
Singapore's central bank eased its monetary policy for the first time in nearly five years, saying economic growth is likely to slow this year and inflation will stay contained.
Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as many months as official figures showed inflation was easing.
For 2024, core inflation averaged 2.4%, pulling back sharply from the 4.2% rate seen in 2023. The headline measure came in at 2.7% versus 4.8% in 2023, suggesting that policymakers' efforts to tame ...
South Korea's economy expanded at a weaker-than-expected pace of 2.0% in 2024 after lackluster growth in the fourth quarter amid weak consumer and business spending, bolstering the case for the ...
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.