Browsing: interest rates

Recent retail results show that consumers are under financial pressure as high interest rates increase the cost of debt

The CBJ projected that the national economy would achieve a real GDP growth rate of at least 2.6 per cent in 2023

By 1240 GMT, the rouble was 0.6% weaker against the dollar at 92.65 and had lost 0.1% to trade at 100.22 versus the euro

Sterling fell after the Bank of England (BoE) on Thursday kept its benchmark interest rate on hold as expected, while the Swiss franc fell to a multi-month low after the Swiss National Bank (SNB) surprised markets by cutting interest rates.

Sterling fell on Thursday after the Bank of England kept interest rates unchanged and Governor Andrew Bailey said Britain’s economy is “moving in the right direction” for the central bank to start cutting interest rates.

The near-consensus since the start of the pandemic has been that there are powerful fundamental factors keeping the neutral interest rate very low, and that there have been no major changes to those fundamentals

On March 10th, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced that Egypt’s annual headline inflation rose to 36% in February

While AI optimism helped buoy trading in New York, global markets diverged over questions about when the US Federal Reserve might begin cutting interest rates

SINGAPORE: Oil prices fell on Friday after a US Federal Reserve official said interest rate cuts should be delayed at least two more months, but indications of healthy demand and concerns over supplies could boost prices in the coming days, according to Reuters.

The US Federal Reserve is widely expected to start cutting interest rates in the coming months, as inflation edges closer to its long-run target of two percent.