The Bank of Korea held a Monetary Policy Committee (MPC) meeting on the 15th and decided to maintain the base rate at 2.5% annually. The phrase “base rate cut” disappeared from the monetary policy direction statement released afterward.

Monetary policy guides inflation and economic growth. Learn what it means, the main types, and how central banks manage interest rates and stabilize the economy.

According to the report, Consumer Price Index (CPI) projection for Q4FY26 is tracking lower than the central bank's estimate. Looking ahead to FY27, while the Monetary Policy Committee (MPC) has projected CPI inflation of 3.

The government has also sought feedback from the central bank, which has favoured retaining the current target following internal deliberations

Bank of New York president John Williams says he expects a healthy economy in 2026 and indicated he sees no near-term reason to cut interest rates.

NEW YORK, Dec 12 (Reuters) - Federal Reserve ‌Bank of Philadelphia President Anna Paulson ‌said Friday her main concern right now is the state of the job market, in remarks that also said the current state of monetary policy should help bring ...

The newly appointed governor of Mauritius’s central bank said that the Indian Ocean nation — facing stubborn inflation — cannot rely on lower interest rates to spur economic growth.

The Fed has been tasked with a dual mandate by Congress to achieve low inflation and high employment. Learn more about the dual mandate and what it means.

ACCRA (Reuters) -Ghana's central bank cut its main interest rate by 350 basis points to 18.0% on Wednesday, citing an improved economic outlook and expectations for further declines in consumer inflation. Economists polled by Reuters had forecast a 250 ...