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Category Interest Rate

Bank of Canada set to cut rates as jobs data, trade hit economy

Bank of Canada set to cut rates as jobs data, trade hit economy

The Bank of Canada is expected to lower its overnight rate by 25 basis points at its upcoming policy meeting, as weakening labour market conditions...
Commodities wrap: oil jumps on geopolitical tensions, gold consolidates near highs

Commodities wrap: oil jumps on geopolitical tensions, gold consolidates near highs

Most commodity prices were in the green on Friday with crude oil rising more than 1% due to geopolitical tensions in the Middle East and Ukraine.  ...
Russia delivers third rate cut as wartime economy slows, but inflation risks loom

Russia delivers third rate cut as wartime economy slows, but inflation risks loom

Russia’s central bank lowered its benchmark interest rate by 1 percentage point to 17% on Friday, marking the third cut since June as policymakers ...
India’s inflation rises to 2.07% in August, in line with estimates

India’s inflation rises to 2.07% in August, in line with estimates

India’s consumer inflation edged higher in August after nine consecutive months of easing, with headline inflation rising to 2.07 percent, governme...
Commodities wrap: gold, crude prices dip amid rate cut bets, silver hits 14-year high

Commodities wrap: gold, crude prices dip amid rate cut bets, silver hits 14-year high

Gold and crude oil prices were in the red on Thursday, even as the market bet on a reduction in US interest rates in the coming week.  On Thursday,...