Japaneses Yokohama, Chiba banks team up to counter low interest rate environment
Bank of Yokohama Ltd and Chiba Bank Ltd on Wednesday said they have agreed to establish a business partnership, as…
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interest rates
Fed’s Powell warns against policy relying on ‘short-term political interests’
U.S. Federal Reserve’s Chairman Jerome Powell emphasised on the central bank’s independence in a speech on Tuesday…
U.S. economy seen a ‘mild’ recession by 2020, EU investor says
The U.S. economy could experience a “mild” recession by next year even as the Federal Reserve is seen as…
Egypt’s c.bank likely to keep interest rates steady – Reuters poll
Egypt’s Central Bank is expected to keep interest rates steady at its meeting on Thursday, a Reuters poll showed on…
Fed probably will ignore Trump’s call to cut interest rates
President Trump said on Twitter the Fed should cut its key overnight lending rate by a full percentage point and…
Asia stocks mixed after 10-year Treasury yield falls
Asian stocks were mixed on Thursday afternoon following an overnight decline on Wall Street after the…
US economy is slowing but is there is no chance of recession: Fed’s Evans
Chicago Federal Reserve President Charles Evans says the U.S. economy has slowed, yet he downplayed chances of a…
Egypt’s central bank likely to keep key rates: Reuters Poll
Egypt’s central bank seen maintaining interest rates at its meeting on Thursday, a Reuters poll showed on Monday,…
China central bank may use other tools than cutting benchmark interest rates
China’s central bank is not yet ready to cut benchmark interest rates to stimulate the slowing economy, despite…
Pharos expects Egypt’s c.bank to lower interest rates in March
Pharos Holding expected that Central Bank of Egypt (CBE) will cut interest rates by one percent within March.