Interest Rates

The US inflation report due on Friday will offer a fresh look at rising prices as the Iran war continues to push fuel costs higher. The August figures will arrive just days after oil prices moved above $100 a barrel and US petrol prices…

Businesses are increasingly optimistic that the naira will strengthen against the United States dollar over the coming months despite expectations that borrowing costs will remain elevated, according to the…

President Donald Trump on Tuesday backed off from threats to fire Federal Reserve Chair Jerome Powell after days of intensifying criticisms of the central bank chief for not cutting interest rates. "I have no intention of firing him,"…

The Central Bank of Nigeria (CBN) on Thursday retained its benchmark interest rate known as the Policy Rate (MPR) at 27.5 percent, following the rebased consumer price index (CPI). The National Bureau of Statistics (NBS) on Tuesday…

Introduction The interest rate spread is the difference between the interest rates charged on loans and the interest rates paid on deposits. This has been an area of concern since the Nigerian banking liberalisation regime. The unusually…

Britain’s annual inflation rate fell more than expected in February, official data showed Wednesday, fuelling speculation that the Bank of England will start cutting interest rates in the coming months. Inflation reached 3.4 percent last…