The BoJ's official interest rate is the discount rate. Monetary Policy Meetings produce a guideline for money market operations in inter-meeting periods and this guideline is written in terms of a ...

The current interest rate is at its highest level in 20 years and is imposing immense financial strains on companies across the country. 04:00, Tue, Apr 29, 2025 Russia's Central Bank has kept its ...

The U.S. Federal Reserve reduced the federal funds rate (overnight interest rate) in September, November, and December last year, for a total reduction of 100 basis points. It reversed some of the ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...

There is growing speculation of a pick up in the pace of Bank of England interest rate cuts as the outlook for the UK economy darkens, with fresh data suggesting a renewed slump in consumer ...

Members of the Organised Private Sector have expressed fear that the recent uptick in Nigeria’s inflation rate risks shattering initial hopes of a reduced interest rate. According to the ...

Westpac expects the RBA will cut the cash rate by 0.25 per cent in May and said to "lock it in". · Source: Getty/AAP Westpac expects the RBA will cut interest rates by 0.25 per cent next month, ...

general customers will get 7.05% interest per annum, whereas earlier this rate was 7.25% per annum. That is, it has been cut by 20 basis points. What is the interest rate for senior citizens?

CBA economist Harry Ottley said an expected fall in underlying trimmed mean inflation to 2.8 per cent would effectively “rubber stamp” a May interest rate cut by the RBA because of “heighten ...

A major bank has announced the new lowest fixed interest rate, but it still seems unlikely Aussies will lock in their mortgage. The bank - which is now Australia’s fifth-biggest lender - has ...

European Central Bank (ECB) policymaker Olli Rehn said on Thursday that the ECB shouldn't rule out a larger interest rate cut. There are a few good reasons to pause rate cuts. Economic risks are ...

The benchmark rate is the standard interest rate set by central banks, used to guide lending rates and influence economic activities, inflation, and financial stability. The central bank also ...