Russian Central Bank Raises Benchmark Rate to 21%,Highest in Two Decades
On Friday, the central bank of Russia increased its key interest rate by 200 basis points to 21%, the highest level since the early years of President Vladimir Putin’s rule,
Rate hike
Bank of America CEO Warns: Consumers May Lose Confidence if Rates Don’t Fall
If the U.S. Federal Reserve does not start cutting interest rates relatively soon, U.S. consumers could become dispirited, Bank of America CEO Brian Moynihan said on Sunday. At the end