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Saturday, July 4, 2020
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Interest Rates

US Federal Reserve vows to keep providing aid and does not expect rates hike

The US Federal Reserve has made clear that it will keep providing support by buying bonds to maintain low borrowing rates and forecasting no...

India cuts interest rates to shore up Covid-19 ravaged economy

India’s central bank on Friday cut its key interest rate to 4% to revive the economy severely hit the Covid-19 outbreak and a two-month...

Bank of England to make ‘knife-edge’ rates decision amid cut speculation

Bank of England policymakers will gather for a “knife-edge” decision on interest rates this Thursday following recent speculation a cut may be on the...

US Federal Reserve cuts rates again

The Federal Reserve is cutting rates for a second time this year while saying it is prepared to continue doing what it deems necessary...

Donald Trump calls on US Federal Reserve to cut interest rates

Donald Trump has called on the Federal Reserve to cut interest rates by at least a full percentage point “over a fairly short period...

US Federal Reserve cuts interest rate for first time in more than a decade

The US Federal Reserve has cut its key interest rate for the first time in a decade. The cut aims to counter threats ranging from...

Interest rates more likely to be cut after no-deal Brexit, says Bank of England policymaker

Interest rates in the UK are more likely to be cut than hiked if Britain crashes out of the European Union without a deal,...

No change to interest rates as Bank of England warn of “sluggish” growth

The Bank of England has warned economic growth will remain "sluggish" as it kept interest rates on hold amid a tightening squeeze on family...

Mark Carney warns of ‘challenging time for British households’ as interest rates kept at 0.25%

Bank of England governor Mark Carney has warned the squeeze on British households has begun as Brexit-fuelled inflation outstrips wage growth. Mr Carney said consumers...

Federal Reserve leaves key rate unchanged but hints at upcoming hike

The Federal Reserve has left interest rates unchanged, six days before Americans choose a new president, but hinted again that it would likely raise...

Latest news

Five released from Turkish jail ahead of trial in Carlos Ghosn flight case

A Turkish court has released four pilots and a private airline official from jail, pending the outcome of their trial on charges of smuggling...

Donald Trump promises fireworks at Mount Rushmore in election year

President Donald Trump will begin his Independence Day weekend with a patriotic display of fireworks at Mount Rushmore before a crowd of thousands. But even...

Mediterranean countries risk becoming ‘melting pots’ for coronavirus – expert

Mediterranean destinations which people may flock to after England scraps quarantine for arrivals from low-risk countries could become “melting pots” for coronavirus, an expert...

Man who crashed lorry in Justin Trudeau’s grounds had several weapons, police say

Canadian police said an armed man who this week crashed his lorry through a gate on the grounds where prime minister Justin Trudeau lives...

Cyprus to welcome UK tourists with strings attached

Cyprus’ beleaguered tourism sector got some good news after the government announced that travellers from the UK will be allowed entry into the east...
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