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Russian central bank hikes key rate after ruble falters

Russia s central bank on Tuesday hiked its key interest rate from 8.5 to 12 percent, after the ruble crashed to a more than 16-month low against the dollar.

China Economy: Rate cut should not have come as a surprise

With growth disappointing and prices declining, Tuesday s easing ought to have been a no-brainer.  The world has become so accustomed to a China that turns in enviable economic results that it s hard to get our heads around what happens when slow growth becomes the norm rather than the exception

Bank of Russia Raises Key Rate From 8 5% to 12% Per Annum

The Bank of Russia said on Tuesday it raised the key rate 12% from 8.5% per annum to limit price stability risks.

Peru Holds Key Interest Rate at 7 75% as Inflation Remains Above Target

(Bloomberg) Peru’s central bank held its benchmark interest rate steady for a seventh straight month late on Thursday as inflation remains above target even after a recent slowdown.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Fires Show Climate Change’s Ugly ReachFirst American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidate Assassinated, Suspect Shot DeadDave Portnoy Paid Just $1 to Buy Barstool Sports B

Romanian Central Bank Keeps Key Rate Unchanged At 7% a Year

Romania's central bank has decided at its board meeting on Monday (August 7, 2023) to keep its benchmark interest rate on hold at 7% a year.

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