interest rate

US Fed expected to pause again as inflation edges closer to target

The US Federal Reserve is widely expected to hold interest rates at a 22-year high for a third consecutive meeting on Wednesday as it continues to fight elevated inflation.

Why Bangladesh Bank's inflation control policy is falling short

One key factor hampering the effectiveness of BB's policies is the delay in decision-making and significant transmission lags.

What could break under higher-for-longer interest rates?

As the final stretch of the year approaches, there's relief in markets that the sharpest global monetary tightening cycle in decades is finally nearing an end.

FBCCI urges BB not to hike interest rate

The leaders of the Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) have sought the cooperation of the central bank so that the interest rate on loans does not increase by a large margin.

Fed poised to punt rate hike into the summer wind

The Federal Reserve is expected to leave interest rates unchanged on Wednesday for the first time since the U.S. central bank kicked off a historically aggressive round of monetary policy tightening in March of 2022.

China's biggest state banks cut deposit rates

Industrial and Commercial Bank of China Ltd (601398.SS), Agricultural Bank of China Ltd (601288.SS), Bank of China Ltd (601988.SS) and China Construction Bank Corp (601939.SS) all cut their rates from Thursday, websites from each bank showed.

Traditional lenders fall behind Islamic banks in profit growth

Conventional lenders in Bangladesh fell behind shariah-based banks in 2022 in terms of profit growth mainly due to the lower interest rate regime.  

White House, Republican team say no progress in debt ceiling talks

A second meeting on Friday between White House and Republican congressional negotiators on raising the federal government's $31.4 trillion debt ceiling broke up with no progress cited by either side and no additional meeting set.

Fed likely to hike rates, hint at pause in tightening cycle

The Federal Reserve is expected on Wednesday to raise interest rates and perhaps signal a pause in its 14-month tightening cycle, as policymakers balance the need to slow inflation against a pressing set of risks ranging from bank failures to the possibility of a U.S. debt default as soon as next month.

December 10, 2023
December 10, 2023

US Fed expected to pause again as inflation edges closer to target

The US Federal Reserve is widely expected to hold interest rates at a 22-year high for a third consecutive meeting on Wednesday as it continues to fight elevated inflation.

October 25, 2023
October 25, 2023

Why Bangladesh Bank's inflation control policy is falling short

One key factor hampering the effectiveness of BB's policies is the delay in decision-making and significant transmission lags.

September 30, 2023
September 30, 2023

What could break under higher-for-longer interest rates?

As the final stretch of the year approaches, there's relief in markets that the sharpest global monetary tightening cycle in decades is finally nearing an end.

September 18, 2023
September 18, 2023

FBCCI urges BB not to hike interest rate

The leaders of the Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) have sought the cooperation of the central bank so that the interest rate on loans does not increase by a large margin.

June 14, 2023
June 14, 2023

Fed poised to punt rate hike into the summer wind

The Federal Reserve is expected to leave interest rates unchanged on Wednesday for the first time since the U.S. central bank kicked off a historically aggressive round of monetary policy tightening in March of 2022.

June 8, 2023
June 8, 2023

China's biggest state banks cut deposit rates

Industrial and Commercial Bank of China Ltd (601398.SS), Agricultural Bank of China Ltd (601288.SS), Bank of China Ltd (601988.SS) and China Construction Bank Corp (601939.SS) all cut their rates from Thursday, websites from each bank showed.

May 30, 2023
May 30, 2023

Traditional lenders fall behind Islamic banks in profit growth

Conventional lenders in Bangladesh fell behind shariah-based banks in 2022 in terms of profit growth mainly due to the lower interest rate regime.  

May 20, 2023
May 20, 2023

White House, Republican team say no progress in debt ceiling talks

A second meeting on Friday between White House and Republican congressional negotiators on raising the federal government's $31.4 trillion debt ceiling broke up with no progress cited by either side and no additional meeting set.

May 3, 2023
May 3, 2023

Fed likely to hike rates, hint at pause in tightening cycle

The Federal Reserve is expected on Wednesday to raise interest rates and perhaps signal a pause in its 14-month tightening cycle, as policymakers balance the need to slow inflation against a pressing set of risks ranging from bank failures to the possibility of a U.S. debt default as soon as next month.

February 2, 2023
February 2, 2023

Let taka depreciate further: economists

As the US dollar shortage persists, businesses in Bangladesh are increasingly finding it difficult to open letters of credit (LCs) since banks can’t supply the adequate American greenback needed to finance imports.

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