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.

January 5, 2023
January 5, 2023

Forex market continues to stay under pressure

Come January there won’t be any volatility in the foreign exchange market -- was the overarching message from the government in the past couple of months. January has arrived, and the situation is dicey as before.

November 8, 2022
November 8, 2022

Could we have avoided the current economic crisis?

Do we have the political will to come out of it?

October 13, 2022
October 13, 2022

Interest rate increases, volatile markets signal rising financial stability risks

Financial conditions have tightened as central banks continue to hike interest rates. Amid the highly uncertain global environment risks to financial stability have increased substantially.

October 5, 2022
October 5, 2022

New Zealand's central bank lifts rates to 7-year high in hawkish rush

New Zealand's central bank on Wednesday lifted interest rates to a seven-year high and promised more pain to come as it struggles to cool red-hot inflation in an over-stretched economy.

September 24, 2022
September 24, 2022

Bangladesh’s currency conundrum: What role can interest rates play?

Bangladesh Bank can better fix the currency turmoil by freeing both interest rate and exchange rate to adjust over time.

August 21, 2022
August 21, 2022

WB to give $6.05b over next 3 years

The World Bank Group is scaling up its lending to Bangladesh in non-concessional terms by as much as three times to prepare the country for its impending LDC graduation, which would close the doors to low-cost funds.

July 28, 2022
July 28, 2022

Analysis: After another jumbo Fed hike, some investors see glimmers of hope

Investors are gauging whether the US Federal Reserve has reached the peak of its aggressiveness in hiking rates, with some saying they're ready to up risky positions again.

July 27, 2022
July 27, 2022

Fed to unveil another big rate hike as signs of economic slowdown grow

With the Federal Reserve expected to hike its key interest rate by three-quarters of a percentage point on Wednesday to battle high inflation, focus will shift to how deeply signs of an economic slowdown have registered with its policymakers.

June 27, 2022
June 27, 2022

‘Bangladesh Bank should go for flexible rates for exchange, interest’

He came up with the remark while delivering speech at the “First MAM Kazemi Memorial Lecture on Monetary Policy” held in Bangladesh Institute of Bank Management.

February 26, 2020
February 26, 2020

Interest rates on postal savings to rise from March 17: finance minister

Finance Minister AHM Mustafa Kamal says the interest rate on postal savings will go up again from March 17, once the automation process of the Directorate of Posts is completed.

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