India's central bank cuts interest rates more than expected, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighs on the country's outlook. The Reserve Bank of India lowers the benchmark repo rate, the level at which it lends to commercial banks, by 50...
President Trump has launched a full-scale trade war with the European Union, announcing a 50% tariff on EU imports starting June 1, 2025. Trump accused the EU of exploiting the U.S. through unfair..
The UK economy grew by 0.7% in the first three months of 2025, the fastest quarterly rise in a year, according to the ONS. Chancellor Rachel Reeves welcomed the boost, pointing to growth across..
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now..
South Korea's central bank has lowered interest rates to bolster its export-driven economy, responding to pressures from the US tariff war. The Bank of Korea... IndiaTimes
The European Central Bank is expected to announce its seventh consecutive interest rate cut amidst a struggling eurozone economy. Concerns over economic... IndiaTimes
Thursday, 5 June 2025 ()
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