Global stocks diverge as US inflation data raises rate cut hopes
Global stock markets聽diverged on Wednesday after data showing US consumer price inflation eased last month raised the prospect of a September interest rate cut...
Tags : Interest rate
US consumer inflation sees smallest annual rise since 2021
US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates...
Global stocks diverge, as oil prices cool
Europe鈥檚 main stock markets fell Tuesday after gains in Asia, as attention turned to economic data and its impact on the outlook for interest rates...
US inflation still 鈥榰ncomfortably鈥� high: Fed official
US inflation remains 鈥榰ncomfortably鈥� above the Federal Reserve鈥檚 target despite the progress it has made in recent months, a senior bank official said Saturday...
Australian central bank rules out near term rate cut
Australia鈥檚 central bank held interest rates steady at a 12-year high Tuesday and warned that a cut is 鈥榥ot on the agenda鈥� as it battles stubbornly high inflation...
Rate on treasury bonds hits record 12.8 per cent
The interest rates on government treasury bonds surged to near 12.8 per cent in June due to the central bank鈥檚 contractionary monetary policy stance...
Loan-deposit rate gap hits 16-yr high
The weighted average interest rate spread in Bangladesh鈥檚 banking sector surged to 5.86 in May, the highest since 2008...
Asian markets drop as Biden drops out of White House race
Asian markets fell Monday as Joe Biden鈥檚 decision to drop out of the US presidential race fuelled fresh uncertainty, while traders appeared unmoved by China鈥檚 decision to cut interest rates in a bid to boost its stuttering economy...
NSC sales fall further amid rising inflation
The net sales of national savings certificates further declined in the July-May period of the 2023-24 financial year due to high inflation and rising bank interest rates...
Bank deposits rise, but growth slows
Bank deposits crossed Tk聽17 lakh crore for the first time in May, driven by rising interest rates in the financial market...
Net NSC sales dip in 9 months
The net sales of national savings certificates went down further in the July-March period due to high inflationary pressures and rising bank interest rates...
Raise instalment amount not number for term, housing loans: BB
The Bangladesh Bank has issued new instructions regarding instalments of term (industrial) loans and housing loans after raising interest rates...
India central bank holds rates as inflation risks linger
India鈥檚 central bank kept interest rates unchanged for the eighth time in a row on Friday, as inflation risks continue to linger in the world鈥檚 fifth-largest聽economy.聽...
Global stocks retreat, Mumbai tumbles 7pc
Stock markets fell Tuesday as investors worried that headwinds are gathering for the US聽economy, outweighing hopes that recent weak data would prompt the Federal Reserve to start cutting interest rates...
Bangladesh business climate deteriorates
Bangladesh鈥檚 business environment deteriorated in the financial year 2023-24 compared with that in the FY 2022-23 due mainly to lack of necessary reforms, increasing pressure from tax authorities, rising interest rate and impact of the Russia-Ukraine war, according to a report released by the Metropolitan Chamber of Commerce and Industry, Dhaka...
Japan inflation slows in April, sparking questions over rates
The pace of Japanese inflation slowed in April as gas bills fell, government data showed Friday, raising questions about when the Bank of Japan will hike interest rates again...
European stocks hit record highs
European stock markets struck fresh record highs Friday on growing hopes that central banks are close to cutting interest rates...
BoE holds rate at 16-yr high, signals looming cut
The Bank of England on Thursday kept its main interest rate at a 16-year high, but hinted at a cut over the summer as UK inflation cools further and the country looks set to exit recession.聽
BB to open interest rate to market fully
The Bangladesh Bank is likely to abandon its SMART rate policy of determining lending rate and shift to market-based approach as per an International Monetary Fund鈥檚 proposal...
Russia holds rates after Putin urges caution
Russia鈥檚 central bank on Friday held interest rates unchanged after President Vladimir Putin cautioned against cutting borrowing costs prematurely...
Bank interest rate spread crosses 5pc after 9 years
The weighted average interest rate spread in Bangladesh鈥檚 banking sector exceeded 5 per cent in February after 2015, driven by rising lending rates...
Deposits in commercial banks rise in Feb
Deposits in commercial banks increased by 10.43 per cent year-on-year in February, primarily due to a rise in the banks鈥� interest rates....
UK inflation slows less than expected
Britain鈥檚 annual inflation rate fell less than expected last month, according to official data Wednesday that could cloud the outlook for interest rate cuts and cause more pain for the government...
BB resets interest rate on pre-finance facility under SREUP
The Bangladesh Bank has reset the interest rate on the pre-finance facility under the support safety retrofits and environmental upgrades programme...
Impact of currency swap
In聽January 2024, the Bangladesh Bank issued the monetary policy for the second half of the 2023鈥�24 financial year. In it, the central bank aims to adopt a crawling peg to curb exchange rate volatility, raise the policy interest rate...