China's central bank lowers 14-day reverse repo rate, stabilizing market liquidity for holiday
The People’s Bank of China (PBC) announced on Monday that it will lower the interest rate for 14-day reverse repos from 1.95 percent to 1.85 percent. This cut, the first since February, is expected to help stabilize market liquidity ahead of the upcoming National Day holidays, analysts said.
Although South Africans were relieved when the repo rate was cut by 25 basis points, it was not nearly enough to really help.
A look at the day ahead in European and global markets from Wayne Cole. It's been a quietly positive start to the week for ...
Much will depend on what the Fed's preferred inflation gauge, core personal consumption expenditures (PCE), shows on Friday.
Economists expected that the Reserve Bank would cut the repo rate by 25 basis points, but some hoped for a 50 basis points ...
Government has welcomed the announcement by the South African Reserve Bank to cut the repo rate by 25 basis points to 8%.
South Africa's central bank struck a measured tone after its first rate cut in more than four years on Thursday, saying ...
Old Mutual noted that with inflation under control and consumer demand remaining subdued, the environment seems ripe for a ...
Monetary Policy Committee (MPC) yesterday (19 September) announced a 0,25 basis point cut, taking the interest rate down to 8%, with the prime lending rate now set at 11,50%. This cautious approach ...
Asia-Pacific markets trade mixed on Monday after the People’s Bank of China unexpectedly lowered a key short-term rate and ...
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