Experts are predicting a rate cut to 4.5 – but signs of rising inflation leave the Bank walking ‘a tightrope’ for future reductions this year.

WASHINGTON - The Inter-American Development Bank (IDB) has expanded its Global Debt Program with the issuance of $100 million ...

Caroline Pham, acting chairman of the country’s top derivatives markets regulator, announced a series of leadership changes ...

KARACHI: Kibor interbank offered rates on Wednesday (January 22, 2025). ===== KIBOR ===== Tenor BID OFFER ===== 1-Week 12.83 13.33 2 ...

when interest rates were at their highest level since 2001. Keep in mind that the best CDs can offer rates well above the national average. Short-term CD rates recently bottomed out in 2021 when ...

(Trump Inauguration) Trump calls N. Korea 'nuclear power,' says he 'got along very well' with Kim (LEAD) (Trump Inauguration) Trump calls N. Korea 'nuclear power,' says Kim will be happy to see his ...

Bahrain - MPs yesterday unanimously approved new funding provisions of $80 million to Al Dur Independent Water and Power ...

Crime statistics released by the Metropolitan police have revealed the safest boroughs in terms of crime across London in 2024. The most recent data for December shows there were 77,981 offences ...

It is starting to feel as if we are nearing the end of a long climb, in fact the end of a long period of uncertainty, for financial institutions and businesses alike, on how to deal with LIBOR ...

SOFR is a benchmark rate which certain variable rate financial products, for example certain mortgages, can be tied to.

Remember Libor? For decades, the London interbank offered rate was the benchmark for pricing a wide variety of loans, including adjustable-rate mortgages. But over recent years, it’s been ...

On May 6, the LSTA published its long-awaited concept Daily SOFR and risk-free rate (RFR)-based multicurrency credit agreements (the Concept RFR Documents). The publication of these documents is a ...