interest rate

UK interest rate at a Record Low of 0.25%

UK interest rate at a Record Low of 0.25%

The Bank of England has voted unanimously to keep the UK’s main interest rate at a record low of 0.25%. It said that the next rate move could be in either direction. The last change was a rate cut in August, in the wake of the UK’s vote to leave the EU. The Bank said […]

Share Button

More

China frees up $US200b for lending

China frees up $US200b for lending

In the latest sign that economic growth may be slowing faster than the leadership in Beijing anticipated, China on Sunday freed up roughly $US200 billion ($250 billion) for new lending. The country’s central bank sharply reduced the amount of money that banks are required to keep on reserve, a widely expected stimulus measure devised to pump more […]

Share Button

More

The Benchmark Interest Rating

The Benchmark Interest Rating

ECB Lowered Benchmark Interest Rate To 1% At Its December 8 Meeting The European Central Bank (ECB) lowered its benchmark interest rate by 25 basis points (bps) to 1.00% from 1.25%, as expected, during its Monetary Policy Committee (MPC) Meeting held on December 8, 2011. The second consecutive cut in rates; following a 25bps cut […]

Share Button

More

Spiritual Consultant


UA-24470018-1