Edited by Simisola Fagbola, Econoday Economist The Economy Monetary policy The Reserve Bank of New Zealand’s Monetary Policy Committee has reduced the official cash rate by 25 basis points to 3.00 percent, in line with [...]

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Edited by Simisola Fagbola, Econoday Economist The Economy Monetary policy The Reserve Bank of Australia lowered its main policy rate, the cash rate, by 25 basis points from 3.85 percent to 3.60 percent at its [...]

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Edited by Simisola Fagbola, Econoday Economist The Economy Monetary policy In a finely balanced 5–4 decision, the Bank of England’s Monetary Policy Committee opted to cut the Bank Rate to 4 percent, signaling cautious optimism [...]

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Edited by Simisola Fagbola, Econoday Economist The Economy Monetary policy The Bank of Canada left its target interest rate unchanged at 2.75 percent for the third consecutive meeting, as expected by forecasters in an Econoday [...]

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Last Week: Key Global Events Edited by Simisola Fagbola, Econoday Economist The Economy Monetary policy The European Central Bank held interest rates steady in July, signaling cautious confidence in its inflation-control strategy. With inflation now [...]

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Edited by Simisola Fagbola, Econoday Economist The Economy Inflation June’s warm US inflation data could be the start of the expected inflationary effects of higher tariffs (predicted to hit from mid-2025 onwards). This will bolster [...]

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