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Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Interest rates have been cut for the second time this year, by a quarter of a percentage poi, but mortgage rates are still set to rise in a blow to homeowners. The Bank […]
China’s central bank supplied 14-day cash to its banking system for the first time in months on Monday and at a lower interest rate, signaling its intent to further ease monetary conditions. Jiang Qiming | China News Service | Getty Images China on Monday lowered its main benchmark lending rates by 25 basis points at […]
As expected, the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) reduced key rates by another 25 basis points (bps) on Wednesday, bringing to 6% the benchmark rate. This is the second reduction of key rates by the BSP this year following the 25 bps cut on August 15.The BSP cited better inflation for […]
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