The South African Reserve Bank has announced a 25 basis point cut in the interest rate, marking the third consecutive reduction as the country navigates economic challenges.
The central bank announced its sixth cut in a row since June, as looming U.S. tariffs add uncertainty to the economic outlook ...
“A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada. At the same time, the higher ...
The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.
The Bank of Canada cut its interest rate by 25 basis points to three per cent on Wednesday, while warning that the economic consequences of a prolonged trade war with the United States could be severe ...