
Russia’s Central Bank to Assess Lending Trends by April Amid Credit Slowdown
Mar 02, 2025 05:31 am UTC| Central Banks Business
Kirill Tremasov, an advisor to the governor of Russias central bank, stated that the bank will have a clearer view of lending trends by its April meeting. For now, he noted, it is too early to draw conclusions. Despite a...

Swiss National Bank Stands Firm on Interest Rates and Currency Policy
Mar 01, 2025 08:39 am UTC| Economy Central Banks Governance
The Swiss National Bank (SNB) remains committed to using interest rates and currency interventions to maintain price stability, despite potential U.S. scrutiny. SNB Chairman Martin Schlegel reaffirmed this stance,...

South Korea to Tighten Borrowing Rules Amid Debt Concerns
Feb 27, 2025 05:50 am UTC| Economy Central Banks Governance
South Korea will enforce stricter borrowing rules from July to curb rising household debt, the Financial Services Commission (FSC) announced. The move comes as the Bank of Korea signals further interest rate cuts this...

Bank of Korea Cuts Interest Rates to 2.75% Amid Growth Concerns
Feb 25, 2025 04:58 am UTC| Economy Central Banks
The Bank of Korea (BOK) lowered its benchmark interest rate by 25 basis points to 2.75% on Tuesday, marking the third rate cut in the current easing cycle. The move comes as policymakers shift focus to economic growth amid...

China's Central Bank Holds Interest Rate Steady in $41.3 Billion Loan Operation
Feb 25, 2025 04:57 am UTC| Economy Central Banks
The Peoples Bank of China (PBOC) conducted a 300 billion yuan ($41.3 billion) medium-term lending facility (MLF) operation on Tuesday, keeping the interest rate unchanged at 2.00%. This move aims to maintain ample...

Thailand Holds Interest Rate Steady Amid Economic Growth and Global Uncertainty
Feb 24, 2025 05:53 am UTC| Economy Central Banks
The Bank of Thailand (BOT) is expected to keep its key interest rate at 2.25% on February 26, with a potential rate cut later this year, as per a Reuters poll of economists. With the economy growing at 3.2% in Q4its...

ECB May Cut Deposit Rate to 2% by Summer, Says Bank of France Chief
Feb 23, 2025 05:45 am UTC| Economy Central Banks
The European Central Bank (ECB) could lower its deposit rate to 2% by summer, according to Bank of France head and ECB policymaker François Villeroy de Galhau. In an interview with Alternatives Economiques, Villeroy...