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26 Jan 24
Rising inflation has prompted the Turkish central bank to raise interest rates to 45% as the country continues to reverse its controversial loose monetary policy approach.
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23 Jan 24
Fitch predicts interest rate cuts due this year.
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19 Sep 23
High interest rates are necessary in advanced economies until inflation is under control, the OECD has said.
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29 Jun 23
Governors of major central banks have said there is more “ground to cover” on interest rates, despite concerns over economic slowdowns.
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23 Jun 23
Turkey has nearly doubled its interest rates, reversing its longstanding controversial approach of loosening monetary policy to deal with extraordinarily high inflation.
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16 Jun 23
The US Federal Reserve and European Central Bank have announced their new rates
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12 Jun 23
The Nigerian government has suspended the governor of its central bank amid an ongoing investigation.
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21 Apr 23
The Australian government has announced major reform of the country’s central bank after criticism over its handling of inflation led to them carrying out a review.
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31 Mar 23
Emerging economies are facing a challenging environment with inflation, high interest rates and low growth, and rating agency S&P Global has warned this will hurt their creditworthiness in the...
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17 Mar 23
A “slightly more optimistic” global economic outlook should not be enough to keep central banks from raising interest rates, despite the harm it does both to households and developing countries, the...
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21 Feb 23
Public disagreement between Israeli politicians and the country’s central bank have led to the finance minister speaking out against “populist” threats to the bank’s independence.
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7 Feb 23
The Reserve Bank of Australia has lifted its main lending rates for the ninth successive time in a bid to bring inflation under control.
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13 Jan 23
The news agenda moves fast. Stay on top of some of the key stories which we share here.
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20 Dec 22
North America’s two major economies will experience low growth and tight financing conditions as interest rates get pushed further upwards, analysts have said as they looked towards next year.
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16 Dec 22
Major central banks have continued to raise interest rates in a bid to tame high inflation, but predicted the pace of additional hikes will slow in the new year.
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29 Nov 22
Interest rates at the European Central Bank will keep going up, according to its president Christine Lagarde, but a leading economist has questioned whether advanced economies should loosen their...
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21 Nov 22
Recessions in major economies and increasing borrowing costs are likely to hurt the global economy, particularly in developing countries, in the new year, analysts have warned.
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28 Oct 22
The possibility of recession was not enough to keep the European Central Bank from doubling its deposit rate in an attempt to get inflation down.
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3 Oct 22
Developing country central banks making losses amid rising interest rates and falling asset values risk harming their governments’ public finances, ratings agency Fitch has warned.
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23 Sep 22
The US central bank has put interest rates up by another big jump, continuing its recent fast pace of increases as inflation continues to be far above its target level.
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16 Sep 22
Central banks raising interest rates to slow inflation risk “devastating” the lives of people in poorer countries if their actions push those countries into recessions, World Bank president David...
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18 Aug 22
Ghana’s central bank has hiked interest rates by the largest jump in 20 years barely one month after the International Monetary Fund said the country needs to “ensure credibility” in its monetary...
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12 Aug 22
The Central Bank of Argentina has implemented another sharp interest rate hike, to help reduce inflation that is rising at its fastest rate in decades.
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28 Jul 22
The US Federal Reserve has said interest rates could go up more slowly from now on, having just approved two 0.75 percentage point hikes in as many meetings in response to rampant inflation.
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26 Jul 22
The Russian central bank has slashed interest rates by 1.5 percentage points because subdued customer demand has led to reduced inflation.