The Central Bank of Nigeria has provided a statistical breakdown of the country's money supply, highlighting how government ...

Barclays is to return at least £10 billion to shareholders over the next three years as part of plans unveiled by boss C.S. Venkatakrishnan today. The dividend and buyback pledge came as the banking ...

How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI ... of a bank's cost of funds. The formula used to calculate MCLR ...

RBI MPC meeting announcements: Governor Sanjay Malhotra, in his first policy review, estimated India’s GDP growth rate for the FY26 to be 6.7. Governor Malhotra said Q1 is expected to be at 6.7 ...

These accounts are similar to regular money market accounts (MMAs), but they’re designed for larger balances. They may offer higher interest rates, too. Like regular money market accounts ...

Asset management bosses have praised the Labour government’s efforts to boost economic growth and the competitiveness ... focus on attracting more foreign money into Britain.

Chancellor Rachel Reeves has said she is “not satisfied” with the UK’s growth rate after the Bank of England downgraded the economy’s short-term prospects. The Bank’s Monetary Policy ...

Forecasts for economic growth in 2026 and 2027 were nudged up to 1.5 per cent from 1.25 per cent. The forecasts were based on market expectations for a slower pace of rate cuts than in November ...

Average money market rates are 0.64% according to the FDIC, but the best money market account rates are currently higher than 4% APY. A money market account functions like a savings account — it ...

For these reasons, money market mutual funds might provide much-required stability in a high-rate environment market. Hence, astute investors should consider such funds at present. Mutual funds ...

The increased business activity raises the demand for labor. The opposite can occur if the money supply falls or when its growth rate declines. Banks lend less, businesses put off new projects ...

Growth for the full year is estimated at 2.8%. The economy grew 2.9% in 2023. It is expanding well above the 1.8% rate that Fed policymakers ... disrupt supply chains as well.