After recording record profits thanks to robust demand for loans even at sky-high interest rates, Russian banks are now hoping a cycle of rate cuts will nip concerns about rising overdue consumer debt in the bud.

Policymakers at the eurozone's central bank have opted to put its series of interest rate cuts on hold, keeping the key rate figure at 2%. It comes amid tariff tensions with the Trump administration.

The Turkish central bank is likely to return to the cutting cycle today after tightening conditions in March and April. We expect a 250bp cut to 43.50% in line with market surveys. However, expectations are tilted towards a larger rate cut.

Trade deal optimism lifted world stocks to new record highs on Thursday, while bond market yields moved higher as the European Central Bank took a break from its year-long rate cutting cycle and the Fed braced for a visit from U.

Toronto-Dominion Bank's strategic mix of fixed and variable-rate loans positions it well for current uncertainty and future rate cycles. See why TD remains a buy.

The inflation rate only increased by 0.2% in June to 3%, but while this is low enough to support a repo rate cut when the Monetary Policy Committee of the Reserve Bank sits next week, economists think the repo rate will only be cut in September.

Since February this year, RBI has infused massive liquidity into the system and effected a series of rate cuts. This should have kick-started a cycle of credit revival. But it did not. We explain why.

At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, in contrast to two who said they were open to the idea of cutting the fed funds rate in July,