Mohamed El-Erian says Fed being ‘held hostage’ by markets
The U.S. Federal Reserve is being “held hostage by markets” and will be forced to make two interest rate cuts…
Browsing Tag
interest rate
Fed seen cutting rates for first time in a decade this month – poll
A quarter-point interest rate cut by the U.S. Federal Reserve in July is almost a done deal, according to…
CBE maintains interest rates during May
The Central Bank of Egypt (CBE) decided to maintain the overnight interest rate on deposits and loans, and…
CBE to keep interest rate fixed in next meeting: HC securities
The monetary policy committee (MPC) at the Central Bank of Egypt (CBE) is expected to fix the interest rate during…
India central bank cuts rates by 25 bps to boost economy
India’s central bank cut its policy interest rate by 25 basis points on Thursday, in a widely expected move to…
US stocks fall as 10-year Treasury yield hits lowest level since 2017
U.S. stocks slipped on Wednesday after a closely watch interest rate drop to its lowest level in more than a year…
Sisi directs Egypt’s c.bank to reduce interest rate on youth loans
Egypt's President Abdel-Fattah El-Sisi wants the interest rate on loans to young people to be reduced to 5 percent,…
Yen gains on trade tensions, investors await Fed
Yen strengthened versus its peers on Tuesday, as investors took refuge in safe-haven assets after the U.S. Justice…
Dollar eases as focus shifts to Fed meeting; yen and Aussie dollar gain
Dollar eased versus most of its peers on Monday as investors turned their attention to this week’s Federal Reserve…
Yen weakens in Asian trade; Aussie, kiwi dollar strengthen
The safe-haven yen fell versus its peers on Wednesday as concerns over slowing global growth and U.S.-Sino trade…