Bank of England Holds Rates Steady at 3.5%, Warns of Enduring Inflation
Key Insights Bank of England holds interest rates steady at 3.5% but hints at persistent inflation BoE forecasts show inflation…
Stocks Rally on Hopes of Fed Rate Cuts Despite Lingering Recession Fears
Key Insights Stocks rally in November on increasing hopes Fed could start cutting rates by mid-2024 despite economic uncertainties Investors…
Fed Holds Rates Steady But Signals Prolonged Hiking Campaign Ahead
Key Insights The Federal Reserve left interest rates unchanged at 5.25-5.5% after recent aggressive hikes to combat inflation. The Fed…
Bank of Canada Keeps Interest Rates Steady at 5.0% Amid Economic Slowdown
Key Insights Bank of Canada maintains its benchmark interest rate at 5.0% for the second consecutive month. Economic activity and…
US Federal Reserve Raises Base Rate to 22-Year High
Key insights The US Federal Reserve returned to raising rates after a short break. It has been raised to a…
Turkey’s Central Bank Raises Key Rate to 17.5%
Key Insights The Turkish Central Bank raised its key rate from 15% to 17.5%. This is the second increase since…
Tackling Inflation in Nigeria: Economist Warns of Potential Interest Rate Hike
Key Insights Inflation in Nigeria is on the rise, and projected to potentially reach 30% by year-end. Bank of America…