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Fed's Cook: Further rate cuts can come cautiously
The U.S. Federal Reserve can be cautious with any further interest rate cuts given a solid economy and inflation proving stickier than previously expected, Fed Governor Lisa Cook said on Monday. Since the Fed began cutting its benchmark policy rate in September,
Fed's Cook Says Central Bank Can Proceed Cautiously With More Cuts
Federal Reserve governor Lisa Cook said Monday that the central bank can afford to take a more gradual approach to interest-rate cuts in the months ahead, even though further reductions will likely be required eventually.
Fed Governor Lisa Cook Supports More Cautious Approach to Rate Cuts
Federal Reserve Governor Lisa Cook on Monday urged monetary policymakers to proceed "more cautiously" with interest rate cuts, given the Fed's 100 basis points of policy easing since September. Cook continues to believe it will be appropriate to move the benchmark rate toward a more neutral stance over time.
18h
on MSN
Thai central bank says interest rate hold was robust policy amid uncertainty
Thailand's central bank said on Monday a decision to hold the key interest rate steady last month was a robust policy as the ...
2d
Mauritius Former Central Bank Chief Gets Bail in Fraud Inquiry
Mauritius’ former central bank governor Harvesh Seegolam was granted bail on Saturday after a provisional charge of ...
12d
Lending may have slowed 'faster than necessary' in Russia's inflation fight, says central-bank official
Bank interest rates on deposits and loans rose much higher than the central bank's key rate, causing a slowdown in lending ...
3d
China’s central bank says it will cut banks reserves, rates at proper time
China's central bank said it is likely to cut interest rates from the current level of 1.5% "at an appropriate time" in 2025, ...
1d
Czech Central Bank Head Calls Budget Deficit Top Inflation Risk
Czech central bank chief Ales Michl called on the government to balance its budget to help prevent any future inflation ...
8h
Chile Central Bank Warns of ‘Significant Risks’ Around Rate Path
Chile’s central bank said its future monetary policy decisions should consider significant risks including short-term inflation challenges, according to the minutes to its last key rate meeting.
6h
on MSN
Bank of Israel Holds Rates on High Inflation, Economic Uncertainty
In updated macro estimates that accompanied the rates decision, Israel's economy is expected to grow 4% this year and 4.5% in ...
11d
Turkey's central bank lowers key interest rate to 47.5%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in ...
Zawya
11h
Central Bank of Nigeria’s OMO Bills liquidity mop-up hits $6.5bln in 2024
Subscriptions to OMO bills skyrocketed to N16.55 trillion in 2024, a significant rise from N1.49 trillion in 2023 and N4.49 ...
19h
on MSN
Thai central bank says maintaining interest rate is a robust policy amid uncertainty
Thailand's central bank said on Monday holding the key interest rate steady last month was a robust policy as the economy ...
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