Last week, the European Central Bank raised its key interest rate by 0.5 percentage points. The Bank of England is due to make its own interest rate decision on Thursday, a day after official figures showed that inflationunexpectedly shot up in February to 10.4%. Federal Reserve chairman Jerome...
The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as recent consumer data indicates that inflation continued to tick up. The central bank's latest decision cam...
The central bank still forecasts another rate hike in December and three more next year. Shortly after the announcement, US president Donald Trump once again criticized the Fed for raising rates. "Unfortunately, they just raised interest rates a little because we are doing so well. I'm not ha...
Appointment of Senior Officers of Brunei Darussalam Central Bank (BDCB) RCEP BDCB Brunei time: 2024-12-31 13:14:34 views: 2483 Announcement of the basic rate of interest as of 1 January 2025: adjustment to 2.27% Germany interest rate ECB Statistics time: 2024-12-30 08:36:16 v...
Traders work, as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange in New York City, US, on Wednesday. The US Federal Reserve left record-high interest rates unchanged at a policy...
US stocks broadly ended Monday’s session higher as traders geared up for interest-rate decisions by major central banks across the globe due later this week.
Central banks are now tightening monetary policy – some faster than others. We carry a range of reactions from economists and strategists. Interest rates are rising everywhere. On Wednesday, the US Federal Reserve announced its biggest increase in the benchmark Fed Funds rate since 1994, from ...
The People's Bank of China said on Monday that it had signed a local currency swap agreement with the Saudi Central Bank at a size of 50 billion yuan or 26 billion Saudi riyals, valid for three years. Establishing the bilateral local currency swap will help strengthen financial cooperation ...
US Discount Rate is at 4.50%, compared to 4.50% the previous market day and 5.50% last year. This is higher than the long term average of 2.23%. ReportH.15 Selected Interest Rates CategoryInterest Rates RegionUnited States SourceFederal Reserve ...
Talk of the Federal Reserve cutting its key interest rate this year was conspicuously absent from Federal Reserve Chair Jerome Powell’s prepared remarks in a press conference following the Fed’s official announcement on its interest rate decision. ...