BoG Releases Annual Percentage Rates of Interest Charged On Loans
The Bank of Ghana on Friday released its latest data on Annual Percentage Rates (APR) of interest charged on loans ...
Tag: Interest rate
Economist Hopeful of Banks’ Response
Some economists are predicting that commercial banks across the country will soon reduce their interest rates. Figures from the Bank ...
US Federal Reserve Keeps Benchmark Interest Rate Unchanged
The US Federal Reserve kept its benchmark interest rate unchanged on Wednesday but gave no clear signal about the chances ...
Banks Facing Continuing Challenges
Research wing of Groupe Nduom (GN) conglomerate, GN Research, has stressed that reductions in the Monetary Policy Rate (MPR) will ...
US Fed Members Divided On Inflation Risk
US central bankers are divided over the risk of inflation and disagree over the timing of interest rate hikes into ...
US Fed Members Divided On Near-Term Inflation Risk
US central bankers are divided over the near-term risk of inflation and disagree over the timing of interest rate hikes ...
Effect of Policy Rate Cut By BoG On Banking Industry
Central Banks use monetary policy rates as the benchmark for charging interest on loans and advances to commercial banks. Whenever ...
Interest On Loans Continue To Decline
The interest charged by banks and other lending financial institutions on loans and advances to individuals and corporate clients, has ...
US Fed Poised To Hike Despite Weak Inflation
The US Federal Reserve was due to begin a two-day review of monetary policy on Tuesday, with the second interest ...
US Fed To Raise Rates Despite Sluggish Economic Data
For the second time this year, the US central bank appears poised to raise interest rates despite fresh signs the ...
Dollar Slips After Cautious Fed Minutes
US central bank policymakers want to see proof the country's economic slowdown is temporary before they raise interest rates, according ...
Bank of Baroda Best Place To Secure Credit – BOG APR
Bank of Baroda emerged as the best place to secure credit according to the latest Average Interest and Annual Percentage ...
Put In Measures To Stabilize Inflation – Government Urged
Following the rise in inflation from 12.8% in March to 13% in April 2017, some economists have advised government to ...
US Jobs Growth Accelerates In April
Figures from the US Department of Labour also showed the unemployment rate dropped slightly to 4.4%, compared with 4.5% in ...
US Federal Reserve Keeps Key Lending Rate Unchanged
The US Federal Reserve on Wednesday made no change in the benchmark interest rate and downplayed recent weak economic growth, ...
Impact of Policy Rate On Ghana’s Interest Rates
In slashing the policy rate in November 2016 from 26% to 25.50% and subsequently by 200 basis points in March ...
US Fed Not Likely To Move Rates Amid Tepid Inflation
The Federal Reserve was set to open its two-day policy meeting on Tuesday amid signs of softening inflation which eases ...
Australia Inflation Moves Back Into RBA Target Band
Australia's annual inflation rate has moved back into the central bank's target range for the first time in more than ...
Bankers Laud Debt Re-Profiling Move
Bankers have expressed satisfaction with the first 100 days of President Nana Addo Dankwa Akufo-Addo government, singling out the move ...
Banking Industry Average Base Rate Falls To 26.7 Per Cent
The banking industry average base rate as at the end of March stood at 26.7 per cent, data from the ...