Sumanta Sen

2 months ago | kfgo.com | Marc Jones |Sumanta Sen

By Marc Jones and Sumanta SenLONDON (Reuters) – The first central bank interest rate moves of 2025 suggest it will be a year where some important heavyweights, in both the developed and emerging parts of the world, travel in different directions for a while. Last year was the biggest coordinated global rate cut round in 15 years as inflation got reined in, but this one has kicked off with policymakers navigating some very foggy conditions.

Jan 24, 2025 | msn.com | William Schomberg |Sumanta Sen

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Jan 24, 2025 | kfgo.com | William Schomberg |Sumanta Sen

By William Schomberg and Sumanta SenLONDON (Reuters) – The Bank of England must contend with a slowdown in Britain’s economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year. Inflation is stuck above the BoE’s 2% target and looks set to rise further while the economy has stagnated since the middle of 2024, offering conflicting signals for the central bank’s rate-setters.

Jan 7, 2025 | kfgo.com | Karin Strohecker |Sumanta Sen

By Karin Strohecker and Sumanta SenLONDON (Reuters) – Major central banks in December delivered their biggest policy easing push since the spring 2020 COVID rate-cutting frenzy, with the latest moves making the annual 2024 easing effort the biggest in 15 years as policymakers brace for unsteady times. Among central banks overseeing the 10 most heavily traded currencies, five of the nine that held meetings in December cut interest rates.

Jan 7, 2025 | reuters.com | Karin Strohecker |Sumanta Sen

LONDON, Jan 7 (Reuters) - Major central banks in December delivered their biggest policy easing push since the spring 2020 COVID rate-cutting frenzy, with the latest moves making the annual 2024 easing effort the biggest in 15 years as policymakers brace for unsteady times. Among central banks overseeing the 10 most heavily traded currencies, five of the nine that held meetings in December cut interest rates.