In frequently declaring their monetary policy setting to be “restrictive”, European Central Bank president Christine Lagarde and Bank of England governor Andrew Bailey have raised the immediate follow ...

outside the current rate cycle. “The Federal Reserve raised interest rates at the fastest pace in 40 years during 2022 and 2023 in an effort to rein in inflation, with savers seeing the best ...

The 25 basis point cut in the repo rate is seen as the start of a rate cut cycle. Typically, banks cut interest rates on floating loans, such as home loans, that are linked to the repo rates.