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CBB raises key policy interest ratesThe Central Bank of Bahrain (CBB) said it has raised its key policy interest rate by 25 basis points. The move comes following the US Federal Reserve decision to raise its target range for the federal funds interest rate. Announcing the More… |
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US Fed keeps rates steady, signals hike by year-endThe US Federal Reserve left interest rates unchanged on Wednesday but strongly signaled it could still tighten monetary policy by the end of this year as the labor market improved further. Fed Chair Janet Yellen, speaking after th More… |
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US Fed keeps interest rates unchangedThe US Federal Reserve kept interest rates unchanged on Wednesday and signalled it still planned to raise rates twice in 2016, though it said slower economic growth would crimp the pace of monetary policy tightening in future years. More… |
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EM relieved as US Fed tones down on rate hikesEmerging markets (EM) are breathing a sigh of relief over the US Federal Reserve’s decision this past week to back down from aggressive interest rate increases, an industry expert said. The dollar’s strength has also s More… |
