by Justin Wolfers | Apr 14, 2017 | Business
When the Federal Reserve lowered interest rates to close to zero during the financial crisis, it was an extraordinary move. The central bank had hit the limits of conventional monetary policy, leaving the recovery to sputter along with less help than it needed. Now,...
by Saeed Abdelrazek | Dec 29, 2016 | Business
Ankara- Turkey’s central bank said that recent tax adjustments mainly to tobacco products, food and energy groups, are expected to put upward pressure on December inflation. The monetary policy committee unexpectedly held all interest rates steady facing the...
by Neil Irwin | Jul 15, 2016 | Business
The financial media tend to report breathlessly about what the stock market did yesterday. But savvy economic analysts have always known the bond market is the place to look for a real sense of where the economy is going, or at least where the smart money thinks it is...
by Asharq Al-Awsat English | May 4, 2016 | World
BRASILIA- Credit to farmers was raised by 8% on Wednesday to 202 billion reais ($57 billion) this year; however by the same tone Brazil also raised the rates of interest on many of those subsidized loans. The Brazilian agriculture plan has been revealed which gives...
by Asharq Al-Awsat | Apr 7, 2014 | Business
Kayseri, Reuters—Turkey’s central bank governor hinted at interest rate cuts for the first time in a year on Monday, but said they would be gradual and the bank alone would decide on their timing. The head of the Bank, Erdem Basci, spoke three days after Prime...