Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.

The interest rate corridor remained unchanged at 5.50% (deposit) and 7.50% (collateralised loan). The decision to keep rates on hold was unanimous and the option for a rate cut had been taken off ...

BAKU, Azerbaijan, January 21. The Central Bank of Azerbaijan (CBA) will announce its latest decision regarding the interest rate corridor parameters on January 22, Trend reports citing the CBA.

So how could the Fed's moves — and any other economic changes that occur — impact the CD account interest rate landscape this year? Here's what experts say could happen with CD rates in 2025.

High interest rate spread in Nigerian banks could potentially drag the country's economy by 20 to 30 percent, adding more ...

Currently, the CBA's Board of Directors has decided to leave the interest rate unchanged at 7.25%, with the lower limit of the interest rate corridor at 6.25% and the upper limit at 8.25%.

Director General of the Central Bank Vugar Ahmadov said at a press conference on the parameters of the interest rate corridor, Trend reports. He noted that multiplying these figures, it can be ...

Additionally, the CBT narrowed the interest rate corridor from 600bp to 300bp (by setting the overnight borrowing and lending rates 150 basis points below and above the policy rate), returning to the ...