The European Central Bank is widely expected to cut interest rates for the fifth time since it began easing monetary policy.

Thailand's economic growth may falter at under 2.9% this year on the back of a weaker-than-expected fourth quarter where consumption cratered despite a government cash handout aimed up firing up sluggish growth,

After a combined 1 percentage point of interest rate cuts over the central bank’s previous three meetings, the policy-setting Federal Open Market Committee has signalled that it believes it now needs to pause and look for “further progress” towards hitting its 2 per cent inflation goal.

It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the difference.

The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see strong demand from lenders and corporate treasuries, six bankers said.

The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely bring the central bank's thinking closer to global peers taking a more conventional approach on monetary policy.

The bank’s monetary policy committee increased the benchmark rate by a full percentage point to 13.25%.

The Riksbank cut its key interest rate by a quarter of a percentage point to 2.25%.

The European Central Bank is expected to cut interest rates by 0.25% when its governing council meets today. This will bring the main refinancing rate, which is used to price mortgages, from 3.15% to 2.9%. The bank has been steadily cutting rates as inflation has declined from its peak of 10.6% in 2022.

Brazil's central bank raised its benchmark interest rate by 100 basis points for the second straight meeting on Wednesday and signaled another hike of that size in March, leaving the door open for subsequent moves amid mounting inflationary pressures.