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    Sri Lanka slashes key interest rates to aid virus-hit economy

    09 Jul 2020

    The Central Bank of Sri Lanka monetary board reduced its lending rate by 100 basis points to 5.5 percent. The deposit rate was cut by the same amount to 4.5 percent.

    Egypt’s central bank raises key interest rates by 300 bps

    23 Dec 2022

    Egypt’s central bank hiked overnight interest rates by a greater-than-expected 300 basis points, warning that inflationary pressures were building.

    Stock markets cheer dovish US Fed as bond rumblings return

    18 Mar 2021

    World share markets edged higher on Thursday after the US Federal Reserve promised to keep its support in place, though another rise in global bond yields and the dollar showed not everyone was convinced.

    Sri Lanka halts share trading for five days as protests spiral

    16 Apr 2022

    Sri Lanka on Saturday announced a five-day share trading halt after the crisis-hit country hiked interest rates and declared a default on its external debt during the traditional New Year holiday,

    UAE Central Bank raises base rate by 50 basis points

    05 May 2022

    This decision comes after the Federal Reserve announced an increase in the interest rate on reserve balances by 50 basis points at its meeting held on May 04, 2022.

    RBI hikes repo rate by 40 bps on inflation worries

    04 May 2022

    Reserve Bank of India Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee (MPC) of the central bank, in an off-cycle meeting, hiked the repo rate by 40 basis points (bps) to 4.40 per cent with immediate effect.

    IMF chief wants central banks to keep raising rates

    26 Oct 2022

    The ECB had for months said that its first step will be to raise rates to a neutral setting, where it was neither driving nor restricting growth, but some policymakers are now advocating more aggressive action, saying the ECB should go further to tame inflationary pressures.

    Fed Reserve raises interest rate to fight inflation

    17 Mar 2022

    The US Federal Reserve has raised the bank interest rate from a near-zero level to 0.25 to 0.50 per cent range, for the first time in four years as inflation stubbornly stood at 6.1 per cent. Federal Reserve Chairman Jerome Powell said, “As I looked round the

    Bank of England says UK economy is coping with high interest rates

    12 Jul 2023

    Britain’s economy is so far proving resilient to a surge in interest rates over the past year and a half, but it will take time for the full impact to feed through, the Bank of England (BoE) said on Wednesday. The Bank of England last month raised rates to 5 per cent that had stood at 0.1 per cent at the end of 2021, raising concerns about

    Soaring US inflation fuels bets on sharper Fed interest rate hikes

    11 Jun 2022

    Stubbornly hot US inflation is fueling bets that the Federal Reserve will get more aggressive about trying to cool price pressures and even potentially ditch its own forward guidance

    31 Results