Australia central bank says inflation too high for near-term rate cut
Australia's top central banker said on Thursday that core inflation was too high to allow for rate cuts in the near term, all but ruling out relief for borrowers at its next policy meeting in December.
South Korea’s central bank cuts key interest rate to nurse a slower economy
South Korea’s central bank has lowered its key policy rate and says the country’s economy will grow at a slower pace than it initially anticipated.
BOK's surprise rate cut shows the bank is prioritizing South Korea's slowing economy: Morgan Stanley
Kathleen Oh, Morgan Stanley's chief Korea and Taiwan economist, explains what's behind the Bank of Korea's decision to cut interest rates for a second straight meeting.
South Korea's central bank unexpectedly cuts rates by 25 bps
South Korea's central bank cut policy interest rates for a second straight meeting in a surprise move as the economy stalled and inflation slowed more rapidly than policymakers predicted. The Bank of Korea (BOK) lowered its benchmark interest rate by a quarter percentage point to 3.
South Korea’s central bank doubles down on interest rate cuts
South Korea's central bank announced a surprise decision to cut its benchmark interest rate for a second consecutive session on November 28th. The BOK’s monetary policy committee reduced the interest rate by 25 basis points to 3%,
Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene
The ruble weakened to 114 against the greenback earliest this week — hitting its lowest level since March 2022, shortly after ...
Central Alabama Pride carves out a Thanksgiving haven for the LGBTQIA+ community
The holiday season is all about spreading joy, and spending time with those closet to you.For many in the LGBTQIA+ community, ...
Above normal temperatures continue in Central Florida on Thanksgiving
After a patchy morning, above normal temperatures are forecast to continue in Central Florida on Thursday, the National ...
Russian central bank takes desperate stand to halt collapsing ruble and fierce inflation
Worth a fraction of a penny now, the ruble has fallen to lows not seen since March 2022 in the early days of the war against ...
Penn State commit Xxavier Thomas leads Central Catholic vs. Harrisburg in PIAA semifinals
Penn State commit Xxavier Thomas is "a special talent." Central Catholic will need him to be at his best vs. Harrisburg.
Israel ups bombing in central Gaza, strikes kill 17 people
Israeli military strikes killed at least 17 Palestinians across the Gaza Strip on Thursday, medics said, as forces stepped up ...
Hazardous weather expected on Thanksgiving Day in Central NC. Here’s what to expect
Wake, Durham, Orange and other Triangle counties are under the hazardous weather outlook. Here’s what it means for Turkey Day ...