Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver ...

Major banks have systematically lowered their FD rates and the interest rates on savings accounts following RBI's 1% repo ...

The Monetary Policy Committee decided to cut the repo rate thanks to a stable rand, moderating inflation and better economic growth prospects.

There are a host of changes coming to the country's financial landscape, from the digital payments system being tweaked, an ...

RBI is unlikely to reintroduce fixed-rate lending operations to banks. According to reports, the central bank is not in ...

The Monetary Policy Committee should vote on all the monetary instruments and not on the repo rate alone, to help improve ...

Speaking at a media briefing, SARB Governor Lesetja Kganyago explained that the decision was underpinned by clear evidence of ...

The South African Reserve Bank's recent decision to cut the repo rate by 25 basis points is expected to boost confidence ...

South African Reserve Bank (SARB) Governor Lesetja Kganyago has announced a 0.25% cut on the interest rates, bringing it down ...

The central bank cut its main repo rate by a quarter percentage point as inflation remains low in the midst of continuing ...

Some economists believe the governor of the Reserve Bank could even announce the 3% inflation target on Thursday, along with ...