ECB raises interest rates

ECB raises interest rates

(VOVWORLD) - The European Central Bank raised its key interest rate to a record high of 4% on Thursday but, with the euro zone economy in the doldrums, signaled that the hike,...
FED hikes interest rate 0.25 point

FED hikes interest rate 0.25 point

(VOVWORLD) -The Federal Reserve on Wednesday raised its key short-term interest rate by a quarter percentage point to a target range between 4.75-5
Eurozone inflation hits record high

Eurozone inflation hits record high

(VOVWORLD) - Inflation in the Eurozone exceeded the forecast and hit a record high in October. It’s likely that the European Central Bank (ECB) will continue to raise interest rates...
Vietnam to keep interest rate stable

Vietnam to keep interest rate stable

(VOVWORLD) - According to Deputy Governor of the State Bank of Vietnam Dao Minh Tu, deposit interest rate has decreased 2.3% and average loan interest rate has decreased 3.6%...
BoE keeps interest rate at record-low

BoE keeps interest rate at record-low

(VOVWORLD) - The Bank of England kept its primary interest rate at 0.1 percent Thursday, a week after cutting the rate to a record-low level to combat economic fallout...