interest rate
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Economy2 years ago
UK unveils biggest interest hike in 30 years in anticipation of recession
The Bank of England (BoE) is set to raise the interest rates by 0.5 percent, the greatest increase in almost 30 years, as it warns the UK will fall into recession by the end of the year.
UK unveils biggest interest hike in 30 years in anticipation of recession
Economy2 years ago
Forbes warns of 'disaster', says Biden policy to ‘make people poor’
Forbes Media CEO Steve Forbes has warned that President Joe Biden’s policy to raise the interest rates in order to solve the inflation problem will “make people poor”.
Forbes warns of 'disaster', says Biden policy to ‘make people poor’
More2 years ago
Report: Canada inflation hits four-decade high, worse yet to come
Canada’s inflation rate is probably at its highest in nearly 40 years, according to a Bloomberg survey of economists.
Report: Canada inflation hits four-decade high, worse yet to come
Reports2 years ago
Eurozone mortgage holders facing higher repayments
The European Central Bank has confirmed its intention to hike interest rates at the policy meeting next month. The move is aimed at bringing down soaring prices across the eurozone.
Eurozone mortgage holders facing higher repayments
Economy3 years ago
Wall St falls on fears of hawkish Fed, fresh Russia sanctions
US stock markets fall following a new Fed announcement and news about more Russia sanctions.
Wall St falls on fears of hawkish Fed, fresh Russia sanctions
Turkey4 years ago
Erdogan dismisses central bank governor over lira plunge
Turkish President Recep Tayyip Erdogan has removed the central bank governor from his post and replaced him with former finance minister Naci Agbal.
Erdogan dismisses central bank governor over lira plunge
Economy4 years ago
CBI raises deposit rate to ease pressure on rial
Iran’s central bank raises its key interest rate amid efforts to bolster national currency rial.
CBI raises deposit rate to ease pressure on rial
Economy5 years ago
US Fed slashes key interest rate to 0-0.25%
Faced with a growing economic shutdown from the global new coronavirus pandemic, the US Federal Reserve announces drastic emergency measures.
US Fed slashes key interest rate to 0-0.25%
Economy5 years ago
Trump hits Federal Reserve over interest rate
US President Donald Trump criticizes the Federal Reserve over high interest rates.
Trump hits Federal Reserve over interest rate
Turkey5 years ago
Turkey fires central bank governor amid economic slump
Turkey fires its central bank governor and replaces him with the bank's deputy governor amid an economic slump.
Turkey fires central bank governor amid economic slump
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