While loans may get less expensive thereby sprucing demand, on deposits front banks cannot afford to be complacent about ...

Given uncertainty over the likely performance of the US economy and the Fed’s response, Mann suggested that the Bank needed ...

Bank policymaker says higher interest rates needed to ‘purge’ inflation risks - Catherine Mann, a member of the Bank’s ...

Rachel Reeves is under pressure to re-think the winter fuel allowance cut after the Bank of England threw the Chancellor a ...

Bank of England policymaker Catherine Mann said she would prefer to keep rates higher for longer and then cut more ...

The interest rate for South Africa has been lowered by 25 basis points. This brings the repo rate to 8% and prime rate to ...

Sterling soared to its highest level in two and a half years against the US dollar after the Bank of England held its ...

The supply of Dollar and other currencies dropped at the foreign exchange market as the Naira exchange rate depreciated on ...

Overall, global conditions have become more favourable, but there are still risks.” The cut places the repo rate at 8%.

The South African Reserve Bank’s Monetary Policy Committee (MPC) has decided to cut the repo rate by 25 basis points, ...

Although the Fed – the US’s equivalent of the Bank of England – opted to cut rates by 0.5 percentage points on Wednesday, a ...

There was good news for South Africans in debt on Thursday when the SARB's monetary policy committee elected to cut the ...