Articles for Key Interest Rate

US Federal Reserve cuts key interest rates by 0.25%
6 days, 9 hours ago

US Federal Reserve cuts key interest rates by 0.25%

The Hindu  

The Federal Reserve cut its key interest rate on Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in …

Economy Inflation Trump Fed Cut Rates Interest Rate
Czech central bank cuts key interest rate to 4% as inflation stays low
1 month, 2 weeks ago

Czech central bank cuts key interest rate to 4% as inflation stays low

Associated Press  

PRAGUE — The Czech Republic’s central bank on Thursday cut its key interest rate for the eighth time in a row as inflation remains low and as the economy is making a slow recovery. The cut, which had been predicted by analysts, brought the interest rate down by a quarter of a percentage point to 4%. The European Central Bank, …

Central Bank Rate Cut Czech Key Interest Rate
Swiss central bank makes a surprise cut to its key interest rate as others hold steady
9 months ago

Swiss central bank makes a surprise cut to its key interest rate as others hold steady

Associated Press  

GENEVA — The Swiss National Bank said Thursday that it is trimming its key interest rate, a surprise move that makes Switzerland the first major financial center to announce a cut in recent months. Jordan said the Swiss central bank also was taking into account the appreciation of the franc in real terms over the past year and noted how …

Bank Cut Interest Rate Swiss Jordan Ing Key Interest
The Czech central bank cuts key interest rate for the first time since June 2022 to help economy
1 year ago

The Czech central bank cuts key interest rate for the first time since June 2022 to help economy

Associated Press  

PRAGUE — The Czech Republic’s central bank cut its key interest rate Thursday hoping to give the country’s struggling economy a boost. Last year the bank raised its key interest rate as it tried to combat soaring inflation. Elsewhere, the European Central Bank kept its key interest rate at a record high of 4% last week on Thursday and said …

Bank Interest Rate Cut Czech Key Interest Rate
Czech central bank again increases key interest rate
2 years, 10 months ago

Czech central bank again increases key interest rate

Associated Press  

PRAGUE — The Czech Republic’s central bank raised its key interest rate again in an effort to tackle soaring inflation, echoing an increase that the Bank of England also took Thursday. The bank’s decision comes after the Statistics Office estimated that the country’s economy grew by 3.3% last year, more than expected, after contracting by 5.8% the previous year due …

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