interest rates Archives

China pledges tech support, trade balance and market reforms

manamalive.comMarch 7, 2026March 9, 2026

by manamalive.comMarch 7, 2026March 9, 2026031

BEIJING: China’s top economic and financial officials pledged expanded support for technology firms, a push toward more balanced trade and deeper capital market reforms during a news conference on the sidelines of the annual National People’s Congress. The...

Business

Bank of Korea holds 2.5% rate and rolls out dot plot

manamalive.comFebruary 26, 2026February 27, 2026

by manamalive.comFebruary 26, 2026February 27, 2026041

SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...

Business

Bank of Japan lifts rates to highest level in 30 years

manamalive.comDecember 20, 2025December 20, 2025

by manamalive.comDecember 20, 2025December 20, 2025069

TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in its gradual departure from ultra-loose monetary policy. The central bank...

News

Trump pressures Fed to cut rates amid tariff fallout

manamalive.comApril 24, 2025April 24, 2025

by manamalive.comApril 24, 2025April 24, 20250162

President Trump’s push to oust Fed Chair Powell drew warnings from CEOs and spurred a brief market rally after his reversal....

Business

Egypt slashes benchmark interest rates in April 2025 decision

manamalive.comApril 17, 2025April 17, 2025

by manamalive.comApril 17, 2025April 17, 20250199

The Central Bank of Egypt has reduced key interest rates by 225 basis points in April 2025, adjusting deposit, lending, and discount rates to support monetary policy....

Business

UK inflation rises to 3% in January, surpassing expectations

manamalive.comFebruary 19, 2025February 19, 2025

by manamalive.comFebruary 19, 2025February 19, 20250155

UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase, according to the Office for National Statistics....

Business

UK growth forecast slashed as Bank of England lowers rates

manamalive.comFebruary 6, 2025February 6, 2025

by manamalive.comFebruary 6, 2025February 6, 20250159

The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....

Bitcoin at $105,000 as Powell backs banks serving crypto customers

manamalive.comFebruary 1, 2025February 1, 2025

by manamalive.comFebruary 1, 2025February 1, 20250153

Bitcoin jumped past $105,000 after the Fed kept rates steady, with Chair Powell confirming banks can serve crypto clients if they manage risks effectively....

US inflation persists as Trump’s tariff threats add economic concerns

manamalive.comJanuary 31, 2025January 31, 2025

by manamalive.comJanuary 31, 2025January 31, 20250156

Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price stability....

Trump calls for immediate rate cuts as Fed meeting approaches

manamalive.comJanuary 27, 2025January 27, 2025

by manamalive.comJanuary 27, 2025January 27, 202501234

Despite calls from President Trump for immediate rate cuts, the Federal Reserve is poised to maintain current interest rates, leaving consumers struggling with persistent high borrowing costs....