Interest rate
Central Bank set to meet for rate decision this week
Türkiye's Central Bank will meet later this week to decide about its policy rate, the one-week repo auction rate.
Most economists expect the bank to keep its key rate steady at 50 percent when members of the Monetary Policy Committee (MPC) meet on June 27.
UK Inflation Drops to 2%
In May, British annual inflation eased to 2.0% from 2.3% in April, marking a return to the Bank of England's target level for the first time since July 2021. This data, released by the UK's Office for National Statistics (ONS), aligns with expectations from the market, reflecting a diminishing impact of the COVID-19 pandemic and the ongoing conflict in Ukraine.
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US Fed holds interest rates, now sees just one cut this year
The U.S. Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.
European Central Bank cuts interest rates for the first time since 2019
By 25 basis points, as expected, the interest rate cut - The downward cycle for borrowing costs begins - ECB announcement in detail
ECB still has 'long way to go' to tame inflation: Lagarde
The European Central Bank (ECB) still has "a long way to go" to tame inflation, its president Christine Lagarde said Friday, a day after the body announced its first interest rate cut since 2019.
ECB Cuts Interest Rates for First Time Since 2019
The European Central Bank (ECB) has cut its key interest rates by 25 basis points, marking the first reduction since 2019. The main refinancing rate, marginal lending rate, and deposit rate have been adjusted to 4.25%, 4.50%, and 3.75% respectively. This is the first decrease in the refinancing and marginal lending rates since March 2016, and the deposit rate since September 2019.
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ECB lowers interest rates for first time since 2019
The European Central Bank on Thursday made its first interest rate cut since 2019, reducing borrowing costs from record highs, but the path ahead remains unclear with inflation volatile.
The key deposit rate was lowered a quarter point to 3.75 percent. Rates had been on hold since October, after an unprecedented streak of hikes starting mid-2022 to tame runaway consumer prices.
Bulgaria's Property Market: Bubble or Boom?
Is there a property bubble forming in Bulgaria? Predicting such market phenomena is notoriously tricky, often resembling guesswork more than science, especially in a country like Bulgaria, where market unpredictability reigns even after 35 years of market reforms.
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Central Bank set to meet for interest rate decision this week
The Central Bank's Monetary Policy Committee (MPC) will meet for a fifth time this year to decide on the one-week repo auction rate.
Economists widely expect the bank to keep the key interest rate unchanged at 50 percent on May 23 as it did at the MPC meeting in April.
Deposit rate spread closed in Cyprus
Interest rates for deposits by households and corporations in Cyprus converged and matched in March, from having a spread of 55 basis points in February, according to data released by the Central Bank of Cyprus.
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