European shares closed lower on Wednesday, as investors refrained from risk-taking ahead of an all-important interest rate ...

U.S. stocks reacted positively following the Federal Open Market Committee's announcement in mid-September that it would ...

Global stock markets were mostly positive this week, buoyed by optimism over central banks' rate cuts. The ECB’s second rate ...

At the next MPC meeting to be held between October 7 and 9, the RBI has its task cut out. The US Fed has surprised with a 50 ...

The European Central Bank is expected to cut interest rates on September 12 due to falling inflation and sluggish growth.

The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy. Source: European Central Bank By The New York ...

The European Central Bank cut interest rates Thursday, lowering borrowing costs for the second time in recent months as inflation slows and Europe’s economy stumbles.

Sept. 12 (UPI) --The European Central Bank Thursday cut key interest rates, citing inflation dynamics as it loosened monetary policy restrictions. The cut brought deposit interest rates to 3.5% ...

The cut will have implications for Australia's economy. It means the Reserve Bank's cash rate target, which sits at 4.35 per ...

CNN’s Anna Stewart walks us through the reasons for economic caution, as the European Central Bank lowers borrowing costs for the second time in recent months.

The European Central Bank should keep cutting interest rates gradually, its chief economist said on Monday, but its ...