بنكي | Interest Rates

China Keeps Interest Rates Steady to Support Economic Activity

The Peoples Bank of China PBoC decided to keep its key lending rates unchanged in its latest move to maintain financial stability and support growth. The one-year Loan Prime Rate LPR was held at 3%, while the five-year LPR, a benchmark widely used for mortgage lending, remained at 3.5%.

The Federal Reserve at a Crossroads: Balancing Growth Concerns and Inflation Risks

Amid mounting economic uncertainties in the United States, the latest meeting of the Federal Open Market Committee FOMC revealed a cautious stance by the Federal Reserve. With inflationary pressures persisting and signs of economic slowdown emerging, policymakers are walking a tightrope, weighing the risks of acting too soon against the dangers of inaction.

China Keeps Interest Rates Unchanged for the Sixth Consecutive Month

The Peoples Bank of China PBOC announced on Monday that it would maintain its benchmark market-linked interest rates unchanged for the sixth straight month, in line with broad analyst expectations.

Central Bank of Egypt Cuts Key Interest Rates by 225 Basis Points to Support Disinflation and Economic Recovery

The new rates are set at 25.00% for the deposit rate, 26.00% for the lending rate, and 25.50% for the main operation and discount rate.

New Zealand Cuts Interest Rates in Line with Expectations