Tag: interest rates
Central Bank Delivers Fifth Rate Cut Despite Rising Food Price Concerns
The monetary authority has implemented its fifth interest rate reduction of the year, bringing the benchmark rate down by a quarter-percentage point to 4%....
Markets Rebound After Tariff Shock, But Volatility Looms Amid Escalating US Trade War
Global stock markets staged a sharp recovery on Tuesday after a dramatic sell-off triggered by escalating tariff tensions, but analysts warned that renewed...