The Central Bank of Kenya (CBK) has lowered the Central Bank Rate (CBR) by 25 basis points to 9.50 percent from 9.75 percent, marking the seventh consecutive cut in one year. The cut in the CBR means ...

This is the first time since the Covid-19 pandemic that the country’s retail inflation has fallen below the RBI’s tolerance ...

CPI inflation rose more than expected in the last reading, to 3.6 per cent in June. The MPC now thinks price growth will peak at 4 per cent in September, driven higher by food prices.

He provided two reasons in a speech at the Southern Economic Development Council Annual Conference — one, monetary policy is "not very restrictive," and, two, "given recent price pressures, a modestly ...

US President Donald Trump attacked the Federal Reserve Chair Jerome Powell on his social network, saying that he is “too late ...

Uganda’s central bank kept its key lending rate at 9.75% for the fourth monetary policy meeting in a row on Tuesday, citing ...

Chase Bank has issued an unwelcome message to all of its customers with the change set to take effect from Thursday.

A significant reduction in gilt holdings was recorded from April to June 2025, according to a report released on Tuesday.

Former Bank of England governor Lord Mervyn King insisted that UK inflation targets were symmetrical around a 2 per cent target so that central bankers had no incentive to become “inflation nutters”, ...

Citing sharp downward revisions to U.S. job growth, Bowman reiterated her forecast for three cuts this year while warning that declining data reliability complicates policymaking.

Fed Governor Michelle Bowman spoke this weekend and maintained her projection of three interest rate cuts in 2025 despite the ...

The July CPI inflation report will be released on Tuesday with economists expecting prices ticked higher as more tariffs took ...