US Federal Reserve hikes benchmark interest rate by 0.75 percentage point
The United States Federal Reserve raised its target interest rate by three-quarters of a percentage point to combat a disruptive ...
Tag: interest rate
Australia’s Central Bank raises interest rate to 0.85%
The Reserve Bank of Australia board raised the cash rate target by 50 basis points to 0.85%, its first back-to-back ...
Kenya raises interest rate to 7.5% in May 2022, first time in 7 years
For the first time in almost seven years, Kenya has raised its interest rate to curb inflation expectations as concerns ...
Is Nigeria’s central bank confused?
The apex bank may have just recognised the impact leaving rates stable will have on Nigeria’s ability to attract foreign ...
Egypt to raise interest rate by 100 basis points as Ukraine War Rocks $396bn Economy
Egypt's central bank raised the benchmark interest rate by 100 basis points today, citing global inflationary pressures and the situation ...
Bank of England raises interest rate to 0.75%, inflation projected to rise above 8% in Q2
The Bank of England raised interest rates to 0.75 per cent, underlining its resolve to fight soaring inflation.
Interest rate increase in advanced economies will not affect Nigeria – CBN
The CBN governor stated that the increase of interest rates in advanced economies will not affect the Nigerian economy.
Banks’ interest rates are high despite CBN’s LDR policy – Report
While the cost of funds to banks was declining, the lending rate to customers was on the rise, a signal ...
CBN holds MPR at 11.5%, other parameters constant
In its second MPC meeting of 2021, CBN votes to retain MPR at 11.5% and other parameters constant
Why Egypt attracts more FPIs than Nigeria
Egypt’s high real interest is an upspring of combating inflation as far back as 5 years ago.
