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Tag: interest rate
Interest rate cut 'as likely as rise'
2015-03-19 18:37:52| BBC News | Business | UK Edition
The chief economist of the Bank of England says UK interest rates are as likely to fall further as to rise.
ECB interest rate remains at 0.05%
2015-03-05 13:55:13| BBC News | Business | UK Edition
The eurozone's key interest rate is kept unchanged at 0.05% by the European Central Bank (ECB), with the bank set to give further details on its stimulus programme.
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ASX surges after RBA interest rate cut
2015-02-03 08:25:40| Automakers - Topix.net
The Australian sharemarket enjoyed a rate-fuelled boost on Tuesday, closing at a near seven-year high and stretching its winning streak to nine days, following the Reserve Bank of Australia's decision to ease monetary policy. The benchmark S&P/ASX 200 surged 1.5 per cent, or 82.1 points, to 5707.4. It is the first time that the ASX 200 has closed above 5700 since June 2008.
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India in surprise interest rate cut
2015-01-15 07:32:57| BBC News | Business | UK Edition
India's central bank makes a surprise move to cut its interest rate to 7.75%, after lower-than-expected inflation figures.
Russia raises interest rate to 17%
2014-12-16 00:08:25| BBC News | Business | UK Edition
The Russian central bank announces a huge rise in its key interest rate - to 17% from 10.5% - to try to stem the rouble's fall.
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