At its April 30 meeting, the Board of the Central Bank of Armenia decided to reduce the Refinancing Rate by 0.25 percentage points, setting it at 8.25%. The Lombard Repo Facility Rate was set at 9.75%. The Deposit Facility Rate was set at 6.75%.
The ECB has become "the central bank to be followed," one central bank governor said.
Morgan Stanley says that the Bank of England will cut interest rates as soon as May, in a notable sign of optimism amid waning market sentiment.
Iran’s President Ebrahim Raisi will visit Pakistan as scheduled next week despite increasing tension in the Middle East in the wake of Tehran’s aerial attack on Israel, Pakistan’s foreign minister said Thursday.
India's 8.5% economic growth rate has some "fluff' in it, according to former Reserve Bank of Governor Raghuram Rajan.
Banks are increasingly carrying out checks to verify that their customers are not laundering money, financing terrorism or violating sanctions, De Nederlandsche Bank (DNB) said on Monday. At the same time, the Dutch central bank noted that some banks are delaying or scaling back improvements to their controls and checks. As a result, they have to do more to get their controls in order.
Judo Bank now predicts the Reserve Bank will raise interest rates three times in 2024 to levels not seen in 16 years - increasing the average mortgage repayment by $300 a month.The bank's chief economic adviser, Warren Hogan, forecast the key interest rate will rise to 5.1 percent by Christmas, from a 12-year high of 4.35 percent. Rate hikes in August, September and November this year would see the Reserve Bank of Australia's key interest rate reach levels last seen in December 2008 during the...
Barr made the comments on Fox News after saying about his voting choices: "I'll jump off that bridge when I get to it."He previously called Trump's election fraud allegations "bull " He called Biden “the greater threat to democracy” By Geoff Earle, deputy US political editor Published: 5:51 p.m. EDT, April 22, 2024 | Updated: 5:55 p.m. EDT, April 22, 2024 Trump's former attorney general, Bill Barr,...
Stock markets in the Asia-Pacific region traded mostly higher at the start of the week, while Chinese stocks dipped in the negative territory as investors digested the People's Bank of China's (PBoC)
Equities in Europe traded lower in the premarket on Friday as investors assessed the effects of Israel's reported retaliatory drone attack on Iran. They also anticipated the newest reports on Germany'
Canadian investors and borrowers are on the edge of their seats as they
By MATTHEW LEE AP Diplomatic Writer RIYADH, Saudi Arabia (AP) — U.S. Secretary of State Antony Blinken on Monday begins his seventh diplomatic mission to the Middle East since the Israel-Hamas war began more than six months ago. He has his work cut out for him. The war has ground on since Hamas’ deadly Oct.