INTEREST RATE

Turkey’s Inflation Soars to 68.5%

Turkey's inflation rate surged to 68.5% in March, marking a slight increase from February's 67.1%, as reported by the Turkish…

8 months ago

Japan Bids Farewell to Negative Interest Rates

In a significant policy shift, the Bank of Japan (BOJ) has ended its eight-year experiment with negative interest rates, initiating…

8 months ago

U.S. Retail Sales Surprise with July Jump!

In July, the U.S. retail sales report showed a surprising increase, despite the inflationary pressures and a series of Federal…

1 year ago

Argentina’s Central Bank Hikes Interest Rate to 97%!

In a bold move to combat climbing inflation, Argentina's Central Bank has escalated its key interest rate by a steep…

2 years ago

A bank with over $200 billion in assets has collapsed… how?

You may have heard in the news this week that the Silicon Valley Bank in the US, a bank which…

2 years ago

Interest rate in the UK has been cut to lowest in history – what a time to be studying economics!

For the second time in a week, the Bank of England has cut interest rates in an attempt to rescue…

5 years ago

Now this is monetary policy: US Federal Reserve is throwing everything it’s got at the coronavirus

In an unprecedented move today, the US federal reserve, which controls and coordinates American monetary policy, has announced a cocktail…

5 years ago

Now is the time to borrow: Bank of England slashes interest rates to 0.25%

In an attempt to combat the economic fallout caused by the outbreak of the coronavirus, the Bank of England has…

5 years ago

Interest rate in Pakistan to stay at a mighty 13.25%!

Pakistan’s high interest rate of 13.25% is unlikely to be changed anytime soon according to analysts in the country. Monetary…

5 years ago

UK interest rate looks set for a reduction

In the UK, interest rates are set by the Monetary Policy Committee (MPC), a group of nine central bankers who…

5 years ago