Tag : monetary policy

Business

South Korea central bank hits record annual profit

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SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains...
Business

Bank of Japan lifts rates to highest level in 30 years

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TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in...
Business

Egypt slashes benchmark interest rates in April 2025 decision

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The Central Bank of Egypt has reduced key interest rates by 225 basis points in April 2025, adjusting deposit, lending, and discount rates to support...
Business

South Korean economy grows 2 percent in 2024, steady progress

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Bank of Korea confirms South Korea’s economy grew 2 percent in 2024, showing resilience amid global challenges and steady GDP recovery....
Business

UK inflation rises to 3% in January, surpassing expectations

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UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase, according to the Office for National Statistics....
Business

UK growth forecast slashed as Bank of England lowers rates

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The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....
Business

Japan raises interest rates to 0.5 percent amid inflation concerns

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Japan raised its interest rate to 0.5%, the highest since 2008, citing inflation and wage growth, signaling a shift in the Bank of Japan’s long-standing...
Business

Treasury yields rise as markets await Fed minutes and jobs data

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U.S. Treasury yields rose Wednesday as investors awaited labor data and Fed minutes, focusing on interest rate outlook amid economic strength and inflation expectations....