Wholesale prices moved up 0.4 percent in January to hit a 3.5 percent annual increase, undergirding consumer inflation that broke 3 percent last month for the first time since the second quarter ...
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
The consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing by 2.9 percent in December. Economists were expecting the CPI to ...
The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its ...
The Bank of England trimmed interest rates to 4.5 percent in February, the first of what could be multiple cuts this year ...
This higher debt would also further explode interest payments. Already, interest costs have exceeded spending on Medicare and ...
KCB Bank branch along Mama Ngina Street in Nairobi. The bank has cut its base charge on loan by a percentage point to 14.6 ...
MONETARY authorities unexpectedly kept key interest rates unchanged on Thursday, citing heightened risks to inflation and economic growth.
The Federal Reserve on Wednesday kept interest rates unchanged, bypassing a trend of dropping cuts and bucking President ...
The Bank of Japan should raise its policy interest rate, currently at 0.5 percent, to at least around 1 percent in the latter ...
February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...