May 1, 2026
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Tag : interest rates

Business

China pledges tech support, trade balance and market reforms

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BEIJING: China’s top economic and financial officials pledged expanded support for technology firms, a push toward more balanced trade and deeper capital market reforms during a news conference...
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

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SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving...
Business

Bank of Japan lifts rates to highest level in 30 years

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TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in...
Business

Egypt slashes benchmark interest rates in April 2025 decision

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The Central Bank of Egypt has reduced key interest rates by 225 basis points in April 2025, adjusting deposit, lending, and discount rates to support...
Business

UK inflation rises to 3% in January, surpassing expectations

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UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase, according to the Office for National Statistics....
Business

UK growth forecast slashed as Bank of England lowers rates

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The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....
Featured News

US inflation persists as Trump’s tariff threats add economic concerns

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Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price...
Featured News

Trump calls for immediate rate cuts as Fed meeting approaches

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Despite calls from President Trump for immediate rate cuts, the Federal Reserve is poised to maintain current interest rates, leaving consumers struggling with persistent high...