PRAGUE, Oct 17 Reuters Czech interest rates in the coming years will be higher than in the past and cuts will be done with caution, central bank Governor Ales Michl said on Thursday. We will cut rates but very carefully. But in any case, on average, interest rates should be higher than we were used […]

Third rate cut this year, first backtoback cut in 13 years Recent economic data supports case for reduction Quarterpoint cut lowers benchmark ECB rate to 3.25 High interest rates have hurt investment, economic growth Lagarde says still on track for soft landing Oct 17 Reuters The European Central Bank cut interest rates on Thursday for […]

TOKYO, Oct 16 Reuters Japan39;s upcoming stimulus package will be bigger than last year39;s measures that were financed with a 13 trillion yen 87 billion extra budget, a government spokesperson said on Wednesday. The government will draft a package that will exceed the size of last year39;s stimulus, Deputy Chief Cabinet Secretary Kazuhiko Aoki said, […]

BANGKOK, Oct 16 Reuters Thailand39;s central bank unexpectedly cut its key interest rate at a policy review on Wednesday, a move long called for by the government as needed to revive a sluggish economy with inflation below target. The central bank39;s move follows five consecutive meetings where it held rates steady and months of pressure […]

JAKARTA, Oct 16 Reuters Indonesia39;s central bank on Wednesday kept interest rates unchanged, as expected, saying the decision was consistent with its objective to keep inflation within its target range through to 2025. Bank Indonesia BI left the benchmark 7day reverse repo rate at 6.00, as expected by the majority of economists polled by Reuters, […]

Hong Kong leader John Lee to give address at 0300 GMT Wednesday Lee says focus of address will be on economic development Economy of financial hub has struggled to recover since COVID HONG KONG, Oct 15 Reuters Hong Kong is expected to announce measures to boost the city39;s economy in its annual policy address on […]

LONDON, Oct 14 Reuters Britain does not plan to follow the European Union in imposing tariffs on imports of electric vehicles from China as UK businesses have not raised a complaint to be investigated, British trade minister Jonathan Reynolds said on Monday. Earlier this month, EU member states narrowly backed import duties on Chinesemade EVs of up […]

EU tariffs on Chinesemade EVs due to come in at end of month EU gets minimum price offers from Chinese parties, official says Hard to reach agreement by end of October, official says BRUSSELS, Oct 14 Reuters EU talks with Beijing on minimum import prices to avert the bloc39;s tariffs on Chinabuilt electric vehicles pose […]

BSP to cut rates by 25 bps to 6.00 on Oct 16 economists say BENGALURU, Oct 14 Reuters The Philippine central bank will cut its key policy rate by 25 basis points both in October and December to support economic growth as inflation is expected to stay under control, according to a majority of economists […]

ZURICH, Oct 10 Reuters The Swiss National Bank could cut interest rates again this year, Vice Chairman Antoine Martin said on Thursday, citing the current moderate economic growth in the country and low inflation. With inflation being reasonably low in Switzerland and with an economy that could grow faster, that tends in the direction of […]