ANKARA: The eurozone’s annual consumer inflation rate in August slowed to more than 3-year low of 2.2% matching initial estimate, according to a second reading released on Wednesday.
The figure was down from 2.4% in July, Eurostat data showed.
Core …
ISTANBUL: Indonesia’s central bank on Wednesday announced a cut in its policy rate by 25 basis points to 6%, in its first rate cut since February 2021.
Bank Indonesia had been gradually raising the rate since August 2022 from 3.75% to 6.25%, before k…
ISTANBUL: Global markets stay cautious ahead of the Fed’s monetary policy decision to be announced later on Wednesday, as the bank is likely to cut rates for the first time in four years.
Estimates in the money markets show that the Fed is 60% likely…