U.S. mortgage rates continue their downward trend, hitting an 8-week low and potentially stimulating the spring homebuying ...
A new report says runaway spending by utilities such as PG&E, not rooftop solar, is causing electricity rates to skyrocket.
The governor had hinted that if inflation eased in December, the policy rate would remain unchanged since it had already been raised at an aggressive pace, they added. Since inflation in December ...
The Bangladesh Bank (BB) today said it would keep its policy rate unchanged to tame the runaway inflation, which averaged 10.34 percent over the past 12 months. The central bank said it would keep ...
Fifteen out of 16 economists polled by the Inquirer last week expected the powerful Monetary Board to slash the policy rate by a quarter point at its meeting on Feb. 13. If realized, such a ...
The policy rate is one of several tools that the BSP uses to manage inflation. When policy rates are low, banks’ interest rates also remain low. This encourages the public to take out loans and ...
Finance Minister Sitharaman expects tax relief and RBI rate cuts to boost consumption-driven growth, highlighting strong fiscal-monetary policy coordination. The recent tax relief in the Union ...
KUALA LUMPUR—Malaysia’s central bank kept its benchmark interest rate unchanged yet again, as solid growth and steady inflation gives it room to extend its policy hold. Bank Negara Malaysia on ...
China’s central bank kept a key policy rate steady on Friday while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer. The People’s ...
The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central bank pivoted the policy stance to support a shuttering economy.
Given the fog beyond our borders, prudence and the evolving situation made a compelling case for RBI’s Monetary Policy Committee to mark time on rates, leaving RBI to manage liquidity till then.
Once again, the idea of negative interest rates has made headlines, following the Swiss National Bank’s (SNB) decision in December to cut its policy rate to a mere 0.5%. When this issue has come ...
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