Search Result
" interest rates"

508 results

Business - Economy
11/30/2022 7:27:58 PM
Despite high interest rates and chronic inflation, the U.S. economy grew at a 2.9% annual rate from July through September, the government said Wednesday in a healthy upgrade from its initial estimate.

Business - Economy
11/22/2022 12:34:31 PM
Hobbled by high interest rates, punishing inflation and Russia's war against Ukraine, the world economy is expected to eke out only modest growth this year and to expand even more tepidly in 2023.

Business - Economy
11/21/2022 2:42:04 PM
The Central Bank of Egypt (CBE) issued on Monday a circular to banks operating in the Egyptian market announcing they will no longer manage low-interest rate initiatives issued by the bank across several sectors in the country, handing off the responsibility to the Ministry of Finance

Business - Markets & Companies
11/17/2022 10:31:15 PM
Stocks fell on Wall Street and Treasury yields rose Thursday afternoon after more indications from the Federal Reserve that it may need to raise interest rates much higher than many people expect to get inflation under control.

Al-Ahram Weekly - Egypt
11/8/2022 10:50:01 PM
The Central Bank of Egypt is gradually meeting demands by the country’s importers for more hard currency, reports Safeya Mounir

Business - Economy
11/3/2022 11:00:21 AM
Asian markets sank Thursday after the Federal Reserve hiked interest rates and boss Jerome Powell suggested they would go higher than expected, blowing a hole in hopes for a more dovish pivot in its fight against inflation.

Business - Economy
10/27/2022 10:59:19 PM
Gold prices in the Egyptian market recorded a remarkable increase on Thursday a few hours after the latest rise in the value of the US dollar against the Egyptian currency and the rise of key interest rates.

Business - Economy
10/27/2022 6:57:09 PM
The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy's health has emerged as a paramount issue.

Business - Economy
10/27/2022 4:09:08 PM
The European Central Bank piled on another outsized interest rate hike aimed at squelching out-of-control inflation, increasing rates Thursday at the fastest pace in the euro currency's history and raising questions about how far the bank intends to go with the threat of recession looming over the economy.

Business - Economy
10/27/2022 1:41:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has raised the key interest rates in an unscheduled meeting by two percent (200 bps) to reach 13.25 percent, 14.25 percent, 13.75 percent, and 13.57 percent for the overnight deposit rate, the overnight lending rate, the rate of the main operation, and the discount rate, respectively.

Business - International
10/13/2022 3:38:01 PM
Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains that many have received and ensuring that the Federal Reserve will keep raising interest rates aggressively.

Al-Ahram Weekly - Egypt
10/12/2022 11:13:00 AM
The Central Bank of Egypt is taking measures to support the Egyptian pound as inflation continues to rise

Business - Economy
10/8/2022 7:15:16 PM
State-owned banks National Bank of Egypt (NBE) and Banque Misr (BM) announced on Saturday that they were going to raise interest rates on their dollar-saving certificates from 2.25 to 5.30 percent annually.

Business - Energy
10/4/2022 5:01:08 PM
The ECB's banking supervisor on Tuesday warned banks against easing capital requirements for energy suppliers and traders struggling with huge volatility in the sector, as this could enhance the vulnerability of financial institutions.

Business - Economy
9/28/2022 2:51:00 PM
The Egyptian pound plunged to a new low against the US dollar on Wednesday amid a shortage in foreign currency in the country.

Al-Ahram Weekly - Economy
9/28/2022 2:28:00 PM
The Central Bank of Egypt’s recent decision to maintain key interest rates and raise the reserve ratio is part of a strategy to lower inflation and support growth.

Business - Economy
9/26/2022 9:48:16 PM
The governor of the South African Reserve Bank recently announced an increase in the lending rate by 75 basis points. This means the repo rate (the rate at which the central bank lends money to commercial banks) will increase from 5.5% to 6.25% and the prime rate (the rate commercial banks charge their clients when lending them money) rises from 9.0% to 9.75%.

Business - Economy
9/26/2022 9:09:57 PM
Experts have been eyeing national and private banks’ steps in the wake of the Central Bank of Egypt's (CBE) recent decision to keep interest rates unchanged and raise the Reserve Requirement (RR) ratio for the first time in five years.

World - International
9/22/2022 11:10:09 PM
Stocks fell on Wall Street in afternoon trading on Thursday and added to weekly losses for major indexes as central banks around the world hiked interest rates to fight inflation.

Business - Economy
9/22/2022 9:51:08 PM
Bucking all expectations, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has maintained key interest rates for the third time since the initial three percent hike following the onset of the Russian-Ukrainian war.

Prev 1 2 3 4 5 6 7 8 9 10 Next >> Last