UK inflation stable ahead of central bank rate call
British inflation was unchanged in August, official data showed Wednesday, fuelling expectations that the Bank of England will not cut interest rates again at its meeting this week...
Tags : Interest rate
US consumer inflation heats up
US consumer inflation rose last month to its highest level since January, government data showed Thursday, although analysts believe that this is unlikely to deter the central bank from an interest rate cut next week...
US jobs data boosts rate cut hopes but stocks slide
Weak US jobs data cemented expectations of an interest rate cut later this month on Friday, but stocks slid on worries about the economic outlook and profit-taking...
Lending-deposit rate gap above 5.8pc for 15 months
The weighted average interest rate spread in Bangladesh鈥檚 banking sector has remained above 5.8 per cent for 15 consecutive months through to July 2025, highlighting a prolonged imbalance that continues to deprive depositors of fair returns.
US Fed chair opens door to rate cut
US Federal Reserve chair Jerome Powell left the door open to interest rate cuts in a keenly watched speech Friday, balancing risks to the economy as president Donald Trump intensifies pressure on the central bank...
Govt treasury bill, bond rates fall sharply to 10pc
Interest rates on government treasury bills and bonds have fallen sharply in recent weeks as the government has scaled back its borrowing from commercial banks, easing demand for funds in the market...
Trump raises pressure on Fed with call for governor to resign
President Donald Trump ramped up pressure on the US central bank Wednesday with a call for Federal Reserve governor Lisa Cook to step down, as he repeatedly criticises Fed chair Jerome Powell for not lowering interest rates...
Global stocks diverge as traders eye US rate signals
Stock markets fluctuated on Wednesday, with many investors sticking to the sidelines while awaiting clues on US interest rate moves...
Tight monetary policy harming trade: DCCI
The Dhaka Chamber of Commerce and Industry has raised serious concerns over Bangladesh Bank鈥檚 continued contractionary monetary policy, warning that high interest rates and declining credit growth are choking trade, investment and industrial activity...
Bangladesh Bank keeps policy rate unchanged at 10pc
The Bangladesh Bank on Tuesday kept the policy rate unchanged at 10 per cent, defying strong demands from the business community to ease borrowing costs as high interest rates continue to squeeze corporate finances and undermine operations...
Malaysia cuts key interest rate, first in 5 years
Malaysia鈥檚 central bank cut on Wednesday its interest rate by 25 basis points, its first reduction in five years, as a 鈥榩re-emptive measure鈥� to sustain growth amid moderate inflation...
Govt treasury bill, bond rates rise further
Interest rates on treasury bills and bonds have climbed sharply to 12 per cent after the Bangladesh Bank discontinued its 28-day repo facility, tightening liquidity in the banking system and making banks more hesitant to invest in government securities...
Govt cuts NSC interest rates
The government has slashed profit rates on all types of national savings certificates for the next six months, effective from Tuesday, July 1...
Oil price rises, global stocks mixed
Oil prices rose and stock markets diverged Wednesday as investors tracked the Israel-Iran conflict and a looming US interest rate decision...
28-day repo scrap driving treasury bill rate hikes
Interest rates on treasury bills and bonds have climbed sharply after the Bangladesh Bank discontinued its 28-day repo facility, tightening liquidity in the banking system and making banks more hesitant to invest in government securities...
BB rejects IMF鈥檚 call for policy rate cut
The Bangladesh Bank has rejected the International Monetary Fund鈥檚 suggestion to lower the policy interest rate, saying that no such move would be considered until inflation dropped to the targeted level...
Govt borrowing from banks surges to Tk 86,000cr
The government鈥檚 borrowing from commercial banks doubled in the first eight months of the 2024-25 financial year due to high interest rates and the low-risk nature of treasury instruments...
Delay of LDC graduation sought
The country鈥檚 private sector businesses have urged for deferring Bangladesh鈥檚 LDC graduation for at least 2 to 3 years, considering the prevailing global and local economic challenges, including a shortage of energy, high inflation, high interest rates and complexities in obtaining credit from banks...
ECB rate hikes result in 7.9b-euro loss in 2024
The European Central bank on Thursday reported a record loss in 2024 after it had aggressively hiked eurozone interest rates in response to soaring inflation...
Cold storage owners demand reduction in interest rates
The Bangladesh Cold Storage Association (BCSA) has demanded a reduction in bank loan interest rates and electricity bills aiming to lower potato storage rent...
Global stocks diverge
Stock markets diverged Wednesday as attention turned away from recent turbulence in tech markets to the outlook for interest rates, with the Fed and the ECB both holding their first major meetings of the year...
Lending-deposit rate gap above 5pc for 10 months
The weighted average interest rate gap between deposit and lending rate in banking sector remained above 5 per cent for the past 10 consecutive months, depriving depositors of significant interest earnings...
Dual interest rates for NSCs introduced
The interim government on Wednesday introduced dual rates for the interest payment of the national savings certificates, said Finance Division officials, adding that the rates took effect from January 1...
US tariff, rate fears rattle global stocks
Stock markets were rattled Wednesday by worries about incoming US president Donald Trump slapping tariffs on imports and the fading prospects for interest rate cuts...
Global stocks decline as Fed eyes fewer rate cuts
European and Asian stock markets slid Thursday following sharp losses on Wall Street as the Federal Reserve signalled fewer cuts to US interest rates next year...
Yen drops as BoJ maintains key interest rate
The yen fell against the dollar on Thursday as the Bank of Japan left borrowing costs unchanged and warned of uncertainty over the economic policies of US president-elect Donald Trump...
Global stocks mostly drop awaiting Fed policy update
Major stock markets mostly fell Tuesday as attention turned to the Federal Reserve鈥檚 upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office...
Asia Pacific growth to remain steady in 2025: MEI report
The Asia Pacific region鈥檚 growth in the forthcoming year will remain at 2024 levels, according to Mastercard Economics Institute鈥檚 recently published economic outlook for the year 2025, which also forecasted that inflation and interest rates would ease offering relief to consumers and households...
BB okays Tk 3,000cr loan at 4pc interest for ICB
The Investment Corporation of Bangladesh has received approval from the Bangladesh Bank for a Tk 3,000 crore-loan at a reduced interest rate of 4 per cent, down from the initial 10 per cent...
Credit card interest rate limit set at 25pc
The Bangladesh Bank on Sunday imposed the maximum interest rate for credit card loans, setting it at 25 per cent...