Interest rate
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Brazil’s central bank maintained its key interest rate unchanged on Wednesday
Mar 25, 2023Brazil’s central bank maintained its key interest rate unchanged on Wednesday for the fifth time in a row, despite pressure from the government to lower it. In September, the bank’s monetary policy committee ended a run... -
Mexico’s central bank announced another increase in its benchmark interest rate
Feb 11, 2023Mexico’s central bank on Thursday announced another increase in its benchmark interest rate to a record high of 11 percent, saying inflation was taking longer than expected to fall. The governing board’s decision to raise the... -
South Korea hikes its key interest rate by half a percentage point to a decade high
Oct 13, 2022South Korea’s central bank on Wednesday hikes its key interest rate by half a percentage point to a decade high as it tries to tackle surging inflation and support the plunging won. The Bank of Korea... -
India’s central bank hiked interest rates
Aug 6, 2022India’s central bank on Friday hiked interest rates for a third-consecutive time, as Asia’s third-largest economy contends with a widening trade deficit and weakening currency. The Reserve Bank of India’s rate-setting committee raised its key lending... -
Brazil’s central bank raised its benchmark interest rate for the 12th straight time
Aug 4, 2022Brazil’s central bank raised its benchmark interest rate for the 12th straight time on Wednesday, citing an “adverse and volatile” global economy, and indicated its tightening cycle, one of the world’s most aggressive, may not be... -
Argentina’s central bank raised interest rates for the third time in eight days
May 5, 2018Argentina’s central bank has raised interest rates for the third time in eight days as the country’s currency, the peso, continues to fall sharply. On Friday, the bank hiked rates to 40% from 33.25%, a day... -
Australia’s central bank held interest rates at a record low 1.50 percent for a 7th straight meeting
Apr 5, 2017News Hour: Australia’s central bank held interest rates at a record low 1.50 percent for a seventh straight meeting on Tuesday as it juggles a booming property market with mixed economic data. The Reserve Bank of... -
Australia’s central bank held interest rates at a record low of 1.50 percent
Feb 7, 2017News Hour: Australia’s central bank held interest rates at a record low of 1.50 percent on Tuesday but soft inflation and growth figures kept the door open for future cuts. The Reserve Bank of Australia slashed...
