News list for " basis point"
The Reserve Bank of New Zealand cut the base rate by 50 basis points to 3.75%, in line with market expectations, for the fourth consecutive meeting rate cuts.
The Reserve Bank of Australia cut its base rate by 25 basis points to 4.10%, the first cut since November 2020, to a new low since October 2023, in line with market expectations.
Australia's four largest banks all forecast the Reserve Bank of Australia will cut interest rates by 25 basis points today, but they are divided on the bank's move after the rate cut. Australia's two largest banks, Commonwealth Bank of Australia and Westpac, believe the RBA will cut interest rates a total of four times by the end of the year, which will bring the cash rate down to 3.35% by December. Of the big four banks, National Australia Bank was the last to join the consensus that interest r...
The meeting notes that a 25 basis point rate cut will help support growth and better balance inflation risks.
The Bank of England cut interest rates by 25 basis points, lowering the base rate from 4.75% to 4.5%, in line with market expectations, the third interest rate cut in this round of interest rate cuts.
Federal Reserve Vice Chairperson Jefferson said that even if the interest rate is cut by 100 basis points, the Federal Reserve's interest rate is still at a restrictive level.
German 10-year yields fell 10 basis points to 2.36 per cent.
European Central Bank Governing Council Simkus: Support another 25 basis points interest rate cut in March. More accommodative monetary policy can be allowed. Trump's tariff policy has increased uncertainty. Several more interest rate cuts are expected after March.
The Bank of England is expected to cut interest rates by another 25 basis points this week, as policymakers weigh signs of a weakening British economy against the prospect of a short-term pick-up in inflation. Financial marekt has been betting that the Bank of England's monetary policy committee will cut the official interest rate to 4.5% on Thursday, the third cut in borrowing costs in more than half a year. But with inflation likely to pick up again in the UK and US President Donald Trump's ta...
The 10-year Treasury yield fell 6.3 basis points to 4.504%.
Germany's 2-year yield fell 10 basis points to 2.18 percent as ECB easing expectations increased.
The first interest rate resolution in 2025, the Bank of Canada cut interest rates by 25 basis points to 3.00%, in line with market expectations, for the sixth consecutive meeting to cut interest rates, the previous two meetings cut interest rates by 50 basis points. (Golden Ten)
The Riksbank cut interest rates by 25 basis points, cutting the base rate from 2.5% to 2.25%, in line with expectations.
On January 24th, the Bank of Japan raised its target interest rate from 0.25% to 0.50% if it expected to raise interest rates by 25 basis points. The rate hike was the largest since 2007, and interest rates rose to a new high since October 2008. After restarting interest rate hikes in March last year, the Bank of Japan has raised interest rates three times in less than 12 months.
The Bank of Japan raised its target interest rate by 25 basis points to 0.50 per cent from 0.25 per cent as expected, the biggest increase since 2007 and the highest since October 2008. The BoJ has raised rates three times in less than 12 months since it restarted in March last year.
