Brazil President Luiz Inacio Lula da Silva nominated three new central bank board members on Friday as investors pressure for more aggressive interest rate hikes to cool the economy and tame inflation.

Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the European Central Bank from cutting interest rates as the prospect of new U.S. tariffs from the incoming Trump administration adds to the gloom over weak growth.

The Reserve Bank of New Zealand appears set to continue delivering outsized interest-rate cuts in 2025 as inflation appears well-contained while the global economic outlook edges toward a period of elevated uncertainty.

South Korea’s central bank has lowered its key policy rate and says the country’s economy will grow at a slower pace than it initially anticipated

South Korea's central bank cut benchmark interest rates for a second straight meeting on Thursday in a surprise move as the economy stalled and inflation slowed more than policymakers predicted. The Bank of Korea (BOK) lowered its benchmark interest rate by a quarter percentage point to 3.

The Reserve Bank of New Zealand slashed interest rates, extending its campaign to restore momentum to the country’s stalled economy, and signaled that more cuts were likely next year.

South Korea's central bank cut policy interest rates for a second straight meeting in a surprise move as the economy stalled and inflation slowed more rapidly than policymakers predicted. The Bank of Korea (BOK) lowered its benchmark interest rate by a quarter percentage point to 3.

South Korea’s central bank unexpectedly cut its policy rate for a second straight time and lowered its growth forecasts as it looks to step up support for the sagging, trade-dependent economy as tariff risks loom large in the wake of the U.