Thursday's decision to leave its repo rate at a 38-year low had been widely forecast by economists, although many expect borrowing costs to rise as soon as next month.
Business leaders, worried that the first increase in borrowing costs for over two years could throw a fragile econom
- James Bullard on 2% rates, tariffs and Fed leadership
- Turkish central bank raises overnight rates in bid to stop lira’s fall
- Podcast: David Hendry and John Muellbauer on empirical macro
- Policies must change to stop emerging markets crisis, analysts say
- Next financial crisis “will be brewing” in shadow banking – Bullard