That all changed after the COVID-19 pandemic when you could finally park your cash in a high-yield savings account and earn a decent interest rate. Rather than being the exception, this was the ...
The Central Bank of Mauritius unanimously decided to raise the key repo rate by 50 bps to 4.5% on February 4th,2025, pushing borrowing costs to the highest since August 2024. The MPC stated that ...
In the backdrop of lower-than-expected growth, several economists, market participants have been batting for a cut in the policy repo rate, which has remained unchanged at 6.5% since February 2023.
The official interest rate is the repo rate. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis. The South ...
The Fed cut short-term interest rates three times last year, including a jumbo half-point discount to kick off the lower-rate season in September. With the last quarter-point reduction in December ...
The OMO auctions will take place on 30 January, and 13 and 20 February. It will also conduct a 56-day variable rate repo (VRR) auction of ₹50,000 crore on 7 February and a dollar-rupee sell swap ...
Although economists were positive when the South African Reserve Bank (Sarb) started cutting the repo rate in September last year, expecting at least three cuts in 2025, Thursday’s expected cut ...
According to BofA, the delayed imposition of US tariffs has allowed the RBI to focus on local growth and inflation data, paving the way for 25 basis points (bps) cut in the repo rate to 6.25 per ...
If you pay attention to financial news, you may have heard the term “prime rate” and wondered what it meant. You might have even confused it with the federal funds rate or your loan’s ...
“The liquidity easing measures also increases the probability of a repo rate cut in the upcoming February policy,” said Upasna Bhardwaj, chief economist at Kotak Mahindra Bank. Aditi ...
These actions are expected to ease liquidity conditions and raise the probability of a repo rate cut in February, providing relief to the banking sector amidst high liquidity deficit concerns. Mumbai: ...
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