interest rate
BB to hike policy rate in two phases to fight inflation
The Bangladesh Bank will increase the policy rate twice and interest rate once by October to tame double-digit inflation, central bank Governor Ahsan H Mansur said at a press briefing yesterday.
Interest rate spread rises to highest level since 2003
The spread between interest rates on deposits and loans rose to 6.03 percent, the highest in two decades, indicating that banks are making money at the expense of depositors and borrowers.
Banks go slow in raising interest rates even after BB cedes control
The interest rates on consumer loans, forced loans and overdue loans are likely to go up rapidly in the upcoming months, however.
US Federal Reserve keeps interest rates at 23-year high
"The economic outlook is uncertain, and the Committee remains highly attentive to inflation risks," the Fed said in a statement.
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.
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.
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.
‘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.
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.
Big spike in govt’s interest payment
The government will spend Tk 51,340 crore for interest payment in the upcoming fiscal year which is 11 percent of total proposed budget of Tk 4,64,573 crore.
Is negative interest rate a recipe for disaster?
Imagine paying interest to save money. A bizarre idea that was once theoretical curiosity is now a stark reality in several economies of the developed world...
China market slump: Central bank cuts interest rates
China has cut its main interest rate to boost growth in its economy.
Dollar drop is worst since 2011 as investors rethink Fed policy
The dollar slumps the most since October 2011 after the Federal Reserve reduced projections for interest- rate increases and expressed concern the dollar's surge is weighing on exports and inflation