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 rates
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...
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...
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...
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...
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...
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...
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...
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...
S Korea surprises with 2nd successive rate cut
South Korea鈥檚 central bank cut interest rates Thursday for the second time in a row in a surprise move, citing stabilising inflation and the need to mitigate growing economic risks...
Russia hikes interest rates to 20-yr high
Russia鈥檚 central bank hiked interest rates to 21 per cent on Friday, taking borrowing costs to their highest level in more than two decades as Moscow鈥檚 Ukraine offensive has triggered rapid price rises at home...
Interim govt to hike savings certificates interest rates聽聽
The government will increase the interest rates of the savings certificates to attract higher investment and make up low revenue incomes.
Businesses urge for improved business climate
Business leaders on Saturday sought better business climate in the country and said that issues like law and order situation, rising interest rates and other macroeconomic challenges must be addressed as these factors have impacted the economy negatively...
Policy rate hike for long to hit pvt sector investment: DCCI
Dhaka Chamber of Commerce and Industry president Ashraf Ahmed on Saturday said that the policy of higher interest rates and tighter liquidity management adopted by the government to control inflation should be reversed after December, otherwise private sector investments would decline, hindering new job creation...
Rate cut could lift consumer spirits before US elections
The US Federal Reserve鈥檚 decision to cut interest rates by half a percentage point gives consumers a much-needed psychological boost ahead of November鈥檚 presidential election...
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...
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...
