Citigroup predicts BoE to reduce interest rates in June
Citigroup predicts the Bank of England (BoE) will reduce interest rates this year, with the first cut likely in…
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interest rates
ECB leaves interest rates unchanged
The European Central Bank (ECB) kept interest rates at a record high of 4.00 per cent, while those on main and…
Egypt’s NBE offers 1-yr CD with 23% daily yield
The National Bank of Egypt offers on Thursday new one-year certificate of deposit (CD) starting from 1000 Egyptian…
Egypt’s NBE issues 3-yr CD with up to 30% yield
The National Bank of Egypt (NBE) has issued on Wednesday new three-year certificate of deposit (CD) with a…
EU wind power surge bolsters green ambitions
WindEurope stated on Wednesday that the EU’s clean energy targets are more achievable due to a record-breaking year…
Asian stocks slip as investors look ahead to US report
Asian markets declined on Wednesday as investors awaited a US inflation report that could impact the Federal…
Fed officials express concerns over rapid rate cuts
Most Federal Reserve officials warned against rushing to lower interest rates during their recent policy meeting,…
Australia’s RBA unlikely to ease rates soon
The Reserve Bank of Australia (RBA) requires more time to ensure that inflation is decreasing before ruling out…
BOK likely to keep rates unchanged
The Bank of Korea (BOK) is expected to maintain its key policy rate at 3.50 per cent on February 22, according to a…
S. Korea pledges $57 bln to support SMEs
South Korea set up a $56.97 billion financial aid programme to assist companies investing in vital sectors and…