Tag : interest rates

Business

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

basrahdaily.com
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...
Business

Bank of Japan lifts rates to highest level in 30 years

basrahdaily.com
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...
Featured News

UK growth forecast slashed as Bank of England lowers rates

basrahdaily.com
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....
Featured News

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

basrahdaily.com
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...
Featured News

Trump calls for immediate rate cuts as Fed meeting approaches

basrahdaily.com
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...
Featured News

Japan raises interest rates to 0.5 percent amid inflation concerns

basrahdaily.com
Japan raised its interest rate to 0.5%, the highest since 2008, citing inflation and wage growth, signaling a shift in the Bank of Japan’s long-standing...