India's central bank beats market expectations to deliver an outsized rate cut of 50 points
Friday, 6 June 2025 () India's central bank delivered an outsized cut to its benchmark policy rate, bringing it to 5.5% from 6%, its lowest level since August 2022. This also marks a third straight rate cut since February, and comes below the median estimates of 5.75% in a Reuters poll. The decision comes after a…
India's central bank cuts interest rates more than expected, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighs on the country's outlook. The Reserve Bank of India lowers the benchmark repo rate, the level at which it lends to commercial banks, by 50...
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now..
President Trump now says he has “no intention” of firing Federal Reserve Chair Jerome Powell, despite calling him a “major loser” just days ago. Trump’s sudden reversal—delivered in the..
Trump has launched a fiery attack on Federal Reserve Chair Jerome Powell, calling for his immediate termination after slamming the Fed’s latest economic report as a “complete mess.” Trump accused..
Friday, 6 June 2025 ()
![Chancellor welcomes interest rate cut [Video]](https://video.newsserve.net/300/v/20250508/1410218508-Chancellor-welcomes-interest-rate-cut.jpg)
![Trump U-Turns On Fed Chair Powell: “Never Wanted To Fire Him” After Calling Him A ‘LOSER’ | U.S FED [Video]](https://video.newsserve.net/300/v/20250423/1408889164-Trump-Turns-On-Fed-Chair-Powell-“Never.jpg)
![Trump Erupts in Fury at Fed Chair Powell, Demands His Termination Over ‘Complete Mess’ Reports [Video]](https://video.newsserve.net/300/v/20250417/1408354566-Trump-Erupts-in-Fury-at-Fed-Chair-Powell.jpg)
