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Tag: interest rates
US interest rates kept at record low
2015-04-29 20:43:01| BBC News | Business | UK Edition
The US Federal Reserve keeps its target interest rate at a record low at the end of a two-day policy meeting.
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UK interest rates kept at record low
2015-04-09 13:22:14| BBC News | Business | UK Edition
The Bank of England keeps the benchmark UK interest rate at 0.5%, more than six years after it first cut the rate to its current record low.
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US: dealer group predicts low interest rates to keep lifting auto deliveries
2015-03-31 11:32:32| Auto Dealers - Topix.net
According to a forecast coming from the National Automobile Dealers Association, the US Federal Reserve is expected to skip raising interest rates this summer, giving the needed tailwind to auto sales as the economy started slower this year. The first quarter's weaker than expected economic increase is a good indicator that interest rates would be maintained by the Federal Reserve until September, according to Steven Szakaly, NADA's top economist.
Higher Interest Rates Will Be Bad News Even For Some Stalwarts
2015-03-20 17:33:30| Agriculture - Topix.net
Some stalwarts, such as General Mills, Coca-Cola, and Philip Morris, have failed to achieve meaningful growth in the last three years. To mask their declining earnings, these companies have resorted to aggressive share repurchases, and thus have increased their net debt and annual interest expense.
Ukraine raises interest rates to 30%
2015-03-03 20:08:36| BBC News | Business | UK Edition
Ukraine's central bank sharply raises interest rates from 19.5% to 30% in an effort to curb inflation and prop up its beleaguered currency.
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