Ferguson refers to a fall in US interest rates
from 2001 to 2004, and points out that even though short-term real interest rates
fell substantially, the neutral real interest rate
fell at the same time.
The National Bank of Egypt (NBE) decided to cut interest rates
on 3-year fixed-rate platinum certificates of deposits (CDs) by 1% t o 14% and 14.25% instead of 15% and 15.25%.
SBP in the last monetary policy increased the interest rate
to 12.25 percent from 6 percent in January last year, which is the fastest single-year increase in interest rates
ever in Pakistan's history.
Kenya would be better off if the interest rate
cap was removed, or if it was made more flexible, say up to 8 percent above the CBR.
However, the scenario has changed in the past few months and liquidity has been on the rise, which indicates that there may be a reduction in fixed deposits interest rates
, anytime soon.
BEIRUT: Many Lebanese banks have started reducing interest rates
on deposits after the formation of a government eased fears on the Lebanese currency and a run on the lenders.
'These responses suggest that given a trade-off, more of the respondents will prefer higher interest rates
to higher inflation, which is suggestive of the respondent households' support for the bank's price stability objective,' the report stated.
Some types of consumer interest rates
are directly tied to the(https://www.fool.com/investing/2018/05/15/the-federal-funds-rate-what-it-means-to-you.aspx) federal funds rate, and therefore can be expected to increase immediately as a result of the Fed's rate hike:
Unlike in 2015, this year, interest rates
were rising from 5.5 percent to 6.04 percent when the market fell in January.
Athens: The overall weighted average interest rate
on new deposits in July 2018 remained almost unchanged, whereas the overall weighted average interest rate
on new loans increased.
Global Banking News-January 2, 2018--India's Punjab National Bank increases interest rate
on term deposits