policy rate News

Philippine Central Bank Set to Cut Rates, Further Easing Expected in 2025

The Philippine central bank is expected to cut its key policy rate by 25 basis points on December 19th, driven by controlled inflation and a weakening economy. Further cuts are for...

Bank of Canada Slashes Interest Rate to 3.25% Amid Inflation Concerns

The Bank of Canada has reduced its policy rate by 50 basis points to 3.25%, citing inflation concerns and softer growth data. The central bank remains committed to maintaining pric...

Fed's Bostic: Economic Outlook Positive, But Caution Needed

Federal Reserve's Raphael Bostic emphasized that the bank is not set on a predetermined outcome for its December meeting. He stressed that the current policy rate remains restricti...