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South Africa’s repo rate: potential 25-basis point interest rate cut ahead as inflation remains low
With inflation inching up to 3% last December, financiers are anticipating a 25-basis point interest rate cut this Thursday.
BusinessMirror2h
Recto still bullish on 2025 despite below-target GDP data
DESPITE falling short of its growth target, easing inflation would allow the government to lower interest rates and boost consumption in 2025, according to Finance Secretary Ralph G. Recto. Recto said ...
Social Security early COLA predictions are in: Will it help or hurt beneficiaries?
Data from TSCL’s 2024 Senior Survey shows 62% of older Americans worry their retirement income won’t even cover essentials ...
Wall Street follows FTSE higher as traders weigh US economy slowdown and ECB rate decision
US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the ...
Lagarde's statement after ECB policy meeting
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the ...
Jacaranda FM6h
SARB cuts interest rates by 25 basis points
The South African Reserve Bank has cut the repo rate by yet another 25 basis points, bringing it down to 7.5%.
Dow Jones Today: Stock Futures Mixed as Investors Digest Flurry of Tech Earnings, Key Economic Data
Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
Big central banks start 2025 heading in different directions
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts ...
businesstech.co.za7h
Reserve Bank cuts interest rates in South Africa
The South African Reserve Bank has cut rates by 25 basis points in line with expectations, but there are fears over a ...
Chalmers claims ‘sustained progress’ against inflation, as government crosses its fingers for rate cut
The Albanese government – and the financial markets – would be shocked if the Reserve Bank doesn’t cut interest rates in ...
How Do Global Interest Rates Affect Your Business?
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.
ECB cuts rates again as inflation nears 2% and growth remains weak
The European Central Bank (ECB) cut its benchmark interest rate again by a quarter-point to 2.75% on Thursday as inflation ...