The Lagos Chamber of Commerce and Industry has said that if the Nigerian government can reduce the foreign exchange rate to ...

This does not influence our opinions or our ratings, which are editorially independent. Mortgage rates have been expected to decline in 2025 as the U.S. economy slows, inflation cools and the ...

Since assuming office in September 2023, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has taken aggressive steps to stabilise the economy as his administration has focused on curbing ...

Once again, the idea of negative interest rates has made headlines, following the Swiss National Bank’s (SNB) decision in ...

Many tend to believe that Bangladesh’s economy has gone into a long pause and the way forward remains unclear. Avoiding this fate and creating a different trajectory for the non-discriminatory model o ...

BAKU, Azerbaijan, January 31. The nominal effective exchange rate of the Azerbaijani manat against foreign currencies and its real effective exchange rate grew as of January 1, 2025. The data ...

"We are entering a world with nominal interest rates, but we are still some distance away from a world with real interest rates," he added. The deputy governor reiterated that the BOJ would ...

In South Africa, the interest rates decisions are taken by the South African Reserve Bank’s Monetary Policy Committee (MPC). The official interest rate is the repo rate. This is the rate at ...

The Bank rate is used as the basis to calculate the payment on due date interest rate. The current bank rate as set on January 30, 2025, is 3.25%. Government of Canada departments use the payment on ...

Wall Street thought the Fed was done lowering interest rates — at least for now. The Jan. 29 announcement of a "pause" proved the money runners were right. "We're not doing anything," the Fed ...

Between tech busts, a financial crisis and a pandemic, not to mention periods of too little inflation and too much, the nation’s central bank has used short-term interest rates, along with other ...

The real economic growth rate removes inflation in its measurement of economic growth, unlike the nominal GDP growth rate. Real GDP can be calculated by adjusting nominal GDP by inflation.