ANKARA, Dec. 28 (Xinhua) -- Turkish President Recep Tayyip Erdogan confirmed on Saturday that additional policy rate cuts are expected in 2025, following the central bank's recent decision to reduce its key interest rate by 250 basis points to 47.5 percent. "We will absolutely begin lowering ...
Of course, potential rate cuts in South Korea in 2025 could also pose certain risks. Given the uncertainty surrounding US Federal Reserve policies, there are concerns that rapid rate cuts could have negative effects on South Korea's foreign exchange and capital markets, as well as its real esta...
At the same time, the Fed is now penciling in only two rate cuts in 2025, down from the four it had forecast in September when it last issued economic projections. The central bank is now projecting that the federal funds rate may sit at median level of 3.9% by the end of 2025...
Rate cuts stilltranslate to cheaper borrowing costs. For the second year in a row, McBride expects all consumer financing rates to edge lower. Savers, meanwhile, will benefit, too, as many of the nation’s top banks continue offering yields that eclipse inflation. ...
Traders expect interest rate cuts to be minimal in 2025 (photo credit: PR) The Federal Reserve shocked the markets during its September meeting of the FOMC by announcing a half-point rate cut to begin a period of economic easing as signs of a slowing job environment began to surface. ...
Inflation in the euro area is forecast at 2.4 percent in 2024, 2.1 percent in 2025, and 1.9 percent in 2026, aligning with the ECB's medium-term target. Thursday's rate cut, the ECB's fourth rate reduction this year, follows an aggressive cycle of hikes that had pushed rates to recor...
Compare Interest Rate by Country News Stream ECB Cuts Rates by Another 25 bps as Expected The European Central Bank (ECB) has decided to cut its key interest rates for the fourth time this year by 25 bps in December 2024, as expected. This move reflects a more favorable inflation outlook...
Citing stubborn inflation and slower — though still solid — economic growth in 2025, McBride predicts three Fed rate cuts during the year, each of 25 basis points. This would bring the federal funds rate to a range of 3.5-3.75 percent by the end of the year. ...
“This is the beginning of a series of rate cuts,” McBride noted. “As those rate cuts mount, for the balance of this year and through much or all of 2025, that’s when the pocketbook effect will be more noticeable.” In response to high inflation...
"Rate cuts that might have taken place this year, take place next year," Powell said. "There are fewer rate cuts in the median this year, but one more next year. By year-end 2025 and 2026, you are almost exactly where you would have been — it's just later." ...