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The dollar was nursing losses on Monday while the euro and sterling held steady ahead of their respective central bank decisions this week, with focus squarely on the rate outlooks across major economies as the new year approaches.
The Fed has cut interest rates for the third time in a row at December's meeting. Fed members were the most divided they've been all year.
BRASILIA, Dec 10 (Reuters) - Brazil's central bank held interest rates at a nearly two-decade high on Wednesday for the fourth consecutive meeting, and kept its hawkish tone unchanged by stressing the need to maintain borrowing costs steady "for a very prolonged period."
Mexico's central bank will lower its key interest rate to 7% at its meeting on December 18, according to a Reuters poll of economists who were almost evenly split on whether policymakers will follow through with another cut early next year.
Brazil’s annual inflation slowed to within the central bank’s tolerance range for the first time in 14 months in November, just as policymakers prepare for their final meeting of 2025.
After the Federal Reserve cut interest rates on Wednesday, other influential central banks are making monetary-policy decisions next week: Thursday, Dec. 18 The Bank of England is forecast to cut by 0.
Saylor’s bitcoin based monetary engine built on reserves, credit and digital money that could act like a stablecoin, supported by a plan to buy and hold bitcoin at scale.
By Ashwin Manikandan MUMBAI, Dec 12 (Reuters) - India needs to be cautious towards stablecoins, as they pose significant macroeconomic risk while serving no purpose that fiat money cannot, the Reserve Bank of India Deputy Governor,
Monetary policy committee holds benchmark rate steady for a fourth consecutive meeting as inflation remains above the central bank’s target.