will keep interest rates steady at 8.25% at its 21 September meeting to curb the impact of fuel price inflation, according to nearly all economists polled by Reuters, but will start cutting borrowing costs early next year.will keep rates steady. One opted for a 50 basis point hike to 8.75%.
In the US, where policy tends to affect the rest of the world, the Federal Reserve will leave its benchmark overnight interest rate unchanged at the end of its 19-20 September policy meeting and probably until the April-June period of 2024, according to economists in a Reuters poll.
Source: Loan Digest (loandigest.net)
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