Finance Minister Nirmala Sitharaman will present a record eighth consecutive budget for the financial year 2025-26.
It is called a “repurchase” rate because it is the interest that is deducted (“discounted”) when the banks buy back ...
For every million rand that you owe on a home loan for example, your repayments have reduced by around R500 since September ...
The Reserve Bank governor warned that there are many global risks that will prevent the bank from cutting the repo rate again ...
The confidence businesses and consumers have in the economy picked up in the latter part of 2024 on the back of the improved macroeconomic conditions in the country, the Bank of Ghana (BoG) has ...
Debt-heavy farm operations will continue to feel the burden of borrowing costs as the Federal Reserve said it would leave interest rates holding at 4.25 percent to 4.5 percent and persist in its quest ...
The split came into clear focus on Friday, the first day Fed officials spoke publicly in the wake of the decision earlier in the week to hold its benchmark interest rate steady in a range of 4.25%-4.5 ...
The battle for authority between President Trump and Fed Chairman Powell has begun, with Trump pushing for a rate cut and Powell holding steady.
The Federal Reserve should take a "cautious and gradual" approach to adjusting monetary policy amid upside risks to inflation, Governor Michelle Bowman said Friday. On Wednesday, the central bank's ...
The South African Reserve Bank (SARB) has cut interest rates by 25 basis points, taking the repo rate down to 7,5% and the ...