Results for
interest rates
40 Results-
Coronavirus: US Fed lowers interest rates to near zero, eases bank lending rules
The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage point to nearly zero and announced it ... Economy -
Lebanon’s banking association lowers benchmark interest rates
Lebanon’s banking association said on Friday that the Beirut Reference Rate (BRR) for US dollar loans had been reduced to 6.75 percent from 8.5 ... Economy -
Lebanon finance minister urges banks to cut interest rates
Lebanon’s finance minister urged the country’s banks on Friday to reduce interest rates to help the economy and offered reassurances that ... Economy -
US lending rates ‘likely to remain appropriate’: Fed’s Clarida
Benchmark US interest rates are in a good place and this is not likely to change soon, the US Federal Reserve’s number two official said Friday. ... Economy -
US Fed cuts key interest rate a quarter point, citing ‘uncertainties’
The US Federal Reserve cut its benchmark interest rate for the second time this year on Wednesday but the policy committee is divided, with three of ... Economy -
Indonesia announces surprise rate to offset tepid global growth
Indonesia's central bank announced a surprise interest rate cut Thursday as it looks to offset tepid global growth, after Southeast Asia's biggest ... Economy -
Fed will remain flexible, rates not on ‘preset course’: Minutes
The US Federal Reserve will remain flexible and interest rates will not be on a “preset course” in the face of persistent risks from trade ... Economy -
Fed’s Bullard to AFP: US interest rates ‘in right neighborhood’
The Federal Reserve has set US interest rates “in the right neighborhood” but will watch how the economy reacts to factors like the trade ... Economy -
Bank of England lowers UK growth forecasts for 2019, 2020
The Bank of England lowered its near-term economic growth forecasts Thursday amid continued uncertainty over Brexit, while warning that a “no ... Economy -
Trump says he wants “a large cut” from US Fed
US President Donald Trump on Tuesday called on the Federal Reserve to cut the benchmark interest rate significantly, moments before the central bank ... Economy -
Dollar steadies after rise in bets on bigger Fed rate cut
The US dollar recovered slightly in early Friday trading, having fallen heavily after dovish comments from a key policymaker bolstered expectations of ... Financial Markets -
Egypt seen holding key interest rates as inflation retreats
Egypt’s central bank is expected to keep key interest rates unchanged at its meeting on Thursday after inflation dropped back to within the ... Economy -
Turkish lira falls for 4th day, rate rise bets grow
Worries about rampant inflation pushed the Turkish lira down for a fourth straight day on Wednesday, with money markets pointing to growing ... Economy -
Egypt’s central bank seen keeping key rates unchanged
Egypt’s central bank will likely keep its key interest rates unchanged at its meeting on Thursday, a Reuters poll showed on Tuesday, as ... Economy -
Saudi central bank raises key interest rates ahead of US
Saudi Arabia's central bank raised its two key interest rates by 0.25 percentage points on Thursday in an apparent effort to prevent Saudi money rates ... Economy -
Bank of England hikes interest rate for first time in 10 years
The Bank of England raised its main interest rate for the first time since 2007, before the global financial crisis, it announced on Thursday as it ... Economy -
Egypt nets $1 bln in foreign investment within two days of rate hike
Egyptian Central Bank Governor Tarek Amer said that nearly $1 billion in foreign investment entered Egypt within two days of the bank’s decision ... Economy -
Turkey’s Erdogan weighs in against central bank rates policy
President not going to let up on criticism of monetary policy even as the lira languishes near record lows Economy -
Oman not to move ahead soon on rate hike decision
‘Economic cycle in US different from the local economic cycle’ says central bank chief Economy -
UAE central bank raises policy rate 25 bps
Announcement came after US Fed raised interest rates by a quarter point Economy -
Nasdaq hits record as Fed keeps rates low
Retains ultralow federal funds rate of 0.25-0.50 per cent as central Bank trims forecast for economic growth Economy -
Expectations of US rate hike reinforced
Federal Reserve Chair Janet Yellen says case for interest rate hike has strengthened Financial Markets -
Global growth will be disappointing in 2016 says IMF’s chief
IMF Managing Director Christine Lagarde warned that rising U.S. interest rates and a stronger dollar could lead to firms defaulting on their payments Economy -
In shock to market, Turkey central bank keeps rates on hold
Analysts and investors have repeatedly called for a rate hike to rein in inflation and put a floor under the lira Economy -
Saudi, UAE shares rise on interest rate hike
Saudi Arabia, Kuwait, UAE and Bahrain hiked their interest rates by 25 basis points after the Fed announced its first rate Economy -
Dollar surge sends sterling to three-week low
Sterling fell to a three-week low against the dollar on Tuesday, suffering along with other European currencies Economy -
Turkish economy minister renews call for lower rates
Turkish markets were bolstered by optimism about the possibility of a last-minute deal that would allow Greece to avoid default Economy -
Turkish econ min sees stronger growth, measures to control food prices
Zeybekci said food inflation of around 14 percent was due to speculators and forecast that it would fall Economy -
Turkish PM hails central bank move, expects further rate cut
‘The latest reduction in interest rate is a right decision,’ Davutoglu tells a news conference Business -
Federal Reserve to maintain ultra-low rates amid ‘solid’ U.S. growth
The Fed announced that the low rates were still appropriate for the current financial climate Economy