insert_link Business / EconomicsECB Cuts Rates Again Amid Economic Uncertainty The European Central Bank has reduced interest rates for the sixth time in nine months in an effort to support economic growth in the eurozone says BBC. Despite economic challenges such as the threat of U.S. tariffs and plans to increase European military spending, the bank remained committed to its strategy of lowering rates. The ECB lowered its main interest rate from 2.75% to 2.5% and further revised its economic […] today7 March, 2025
Business / EconomicsWeekly Economics Wrap 6-13 February 2025: Key Developments in Global and Regional Markets Namibia: Interest Rate Cut and Oil & Gas Capacity Building The Bank of Namibia has lowered its key interest rate for the fourth consecutive monetary policy meeting, aiming to support economic growth amid stable inflation projections. On Wednesday, the central bank cut the repo rate by 25 basis points to 6.75%, following similar reductions in its last three policy decisions. The move is expected to provide relief to borrowers while […] today13 February, 2025
