interest rate News

Wall Street in Turmoil: Dow Dives Over 450 Points Amid Fed's Rate Decision Uncertainty

Wall Street opened lower as investors analyzed the Federal Reserve's interest rate decision, with the Dow Jones plummeting over 450 points. The Nasdaq and S&P 500 also declined, am...

Dow Jones Plummets Over 450 Points Amid Federal Reserve's Rate Decision Uncertainty

Wall Street opened lower as investors analyzed the Federal Reserve's interest rate decision amidst concerns over volatile trade policies and rising inflation. The Dow Jones plummet...

Asian Markets React Mixed to Bank of Japan's Rate Decision and Economic Data

Asian stock markets reacted variably to the Bank of Japan's decision to keep interest rates steady and the release of Japan's economic data, including industrial production and tra...

Asian Markets React Mixed to BoJ's Unchanged Rate Decision and Economic Data

Asian markets had mixed reactions after the Bank of Japan kept its interest rate unchanged at 0.5%. Japan's industrial production fell in January, while its trade balance turned in...

Asian Markets Show Mixed Reactions Following Bank of Japan's Rate Decision and Economic Data

Following the Bank of Japan's decision to keep the interest rate unchanged and the release of Japan's economic data, Asian markets displayed mixed reactions with varying performanc...

Asian Markets React Variably to Bank of Japan's Rate Decision and Economic Data

Asian markets showed mixed reactions after the Bank of Japan kept its interest rate unchanged at 0.5%. Japan's industrial production fell in January, while its trade balance swung ...

Asia-Pacific Markets React to BoJ's Interest Rate Decision and Japan's Economic Data

Asia-Pacific markets showed mixed reactions after the Bank of Japan kept its interest rate unchanged. Japan's industrial production fell, while its trade balance improved. Regional...

Asian Markets React Mixed to BoJ's Unchanged Rate Decision and Economic Data

Asian stock markets showed mixed reactions after the Bank of Japan kept its interest rate unchanged. Japan's industrial production declined in January, while its trade balance shif...

Bank of Japan Holds Steady: Interest Rates Unchanged Amid Global Trade Uncertainties

The Bank of Japan has decided to keep its benchmark interest rate unchanged at 0.5% amidst global trade uncertainties and concerns over the impact of US protectionist policies. The...

Bank of Japan Holds Steady on Interest Rates Amid Global Trade Uncertainties

The Bank of Japan has decided to maintain its benchmark interest rate at 0.5% amidst global trade uncertainties, citing a moderate economic recovery with some emerging weaknesses a...

Wall Street Holds Steady: Investors Eye Key Economic Indicators and Federal Reserve's Next Move

Wall Street remains steady as investors await key economic indicators and the Federal Reserve's interest rate decision. Major indexes were flat, and the euro gained slightly agains...

Bank of Canada Slashes Interest Rates Amid Rising Trade Tensions

The Bank of Canada has cut its interest rate by 25 basis points to 2.75% in response to heightened trade tensions with the United States, which are expected to slow economic growth...

Turkey's Central Bank Slashes Key Rate to 42.5%: A Bold Move Amid Economic Challenges

Turkey's Central Bank has reduced its key interest rate to 42.5%, a strategic move aimed at addressing the country's economic challenges and stabilizing the currency. This decision...

EPFO Board Recommends Maintaining 8.25% Interest Rate for Current Financial Year

The EPFO board recommends maintaining an 8.25% interest rate for the current financial year, highlighting EPF as a preferred investment due to its higher, stable returns and tax-fr...

2024-25 EPFO Interest Rates Unveiled: Discover Your Potential Earnings on Provident Fund Deposits

The EPFO has set the interest rate for 2024-25 at 8.25%, awaiting Ministry of Finance approval. This rate reflects a recovery from the 8.1% low in 2022, impacting over seven crore ...

Russia's Central Bank Maintains Key Interest Rate at 21% Amid Economic Adjustments

The Central Bank of Russia has kept its key interest rate at 21% for the second time in a row, predicting inflation will drop to 7-8% by 2025. The economy grew by 4.1% in 2024, sup...

Russia Holds Steady: Central Bank Maintains Key Interest Rate at 21% Amid Inflation Forecasts

The Central Bank of Russia maintains its key interest rate at 21%, with inflation expected to decrease to 4% by 2026. The economy grew by 4.1% in 2024, driven by domestic demand.

ECB Maintains Neutral Rate Estimate Amid Uncertainty, Signals Limited Policy Guidance

The European Central Bank (ECB) has confirmed its neutral interest rate estimate remains between 1.75% and 2.25%, unchanged since late 2023. However, the ECB acknowledges the chall...

European Markets Rally as Investors Await BoE Rate Decision and Eurozone Retail Data

European stock exchanges opened higher, with investors focused on the Bank of England's rate decision and upcoming eurozone retail sales data. Key stocks and currencies showed mode...

Japan and Australia Markets React Positively to Recent US Federal Reserve Rate Decisions

Stock indexes in Japan and Australia rose as investors reacted to the US Federal Reserve's latest interest rate decision. Meanwhile, many Asian markets were closed for the Lunar Ne...

Bank of Japan Governor Ueda Comments on Trump Administration's Economic Measures

Bank of Japan Governor Kazuo Ueda comments on the Trump administration's economic measures, noting they align with expectations and haven't caused significant market disruptions. T...

Turkey Slashes Interest Rates to 45%: A Bold Move Towards Economic Stability

The Central Bank of Turkey cuts its policy rate to 45% in response to inflation trends, reaffirming its commitment to achieving price stability and a 5% inflation target through ti...

Bank of Korea Holds Steady: Key Interest Rate Remains at 3% Amid Market Speculations

The Bank of Korea has decided to keep its benchmark interest rate unchanged at 3%, contrary to market expectations. This decision reflects the central bank's cautious stance amid c...

Gold Surges 1% as Investors React to Fed's Hawkish Stance

Precious metals prices surged on Friday as investors reacted to the Federal Reserve's hawkish outlook, with gold rising 1.14% to $2,626.53 per ounce and silver up 1.13% to $29.44 p...

Gold Surges Over 1% as Metals Recover from Fed Meeting Impact

Precious metals see a rebound with gold jumping over 1% after initial market reactions to the Federal Reserve meeting settle down. The Fed's revised economic projections and today'...

European Markets React to Fed's Monetary Policy Decision

European stock indexes traded with losses in the premarket following the US Federal Reserve's monetary policy decision, with the central bank indicating fewer interest rate cuts in...

BoJ Stands Pat on Interest Rates: What's Next for Japan's Economy?

The Bank of Japan maintains its benchmark interest rate at 0.25%, reflecting a strategy of stability amidst a complex economic environment. This decision aims to balance growth and...

Federal Reserve Cuts Key Interest Rate by 25 Basis Points Amid Economic Uncertainty

The Federal Reserve cuts the federal funds rate by 25 basis points to 4.25%-4.50%, citing economic expansion and progress towards inflation targets, while acknowledging employment ...

Federal Reserve Predicts Interest Rate to Reach 4.4% by End of 2024 - What Does This Mean for the Economy?

Federal Reserve Board members and bank presidents estimate the federal funds rate to be 4.4% by the end of 2024, indicating potential impacts on the economy.

Thailand's Central Bank Maintains Key Interest Rate at 2.25%: A Strategic Pause or a Sign of Future Cuts?

Thailand's central bank maintains key interest rate at 2.25%, a decision following a surprise cut in October. Economists widely expected this move, with forecasts pointing towards ...

Fed Rate Decision Looms: Oil Prices Stabilize Amid Investor Caution

Oil prices hold steady as investors await the Federal Reserve's interest rate decision, with focus on potential rate movements in 2025. Political uncertainty and fresh sanctions ad...

Unlocking the Potential of Sukanya Samriddhi Yojana: A Path to Over Rs 70 Lakh Corpus

Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme for girls, offering tax advantages and substantial returns upon maturity. Learn about its interest rates, depos...