And because interest rates throughout the economy are tied to the federal funds rate, when the Federal Reserve increases its benchmark rate, CD rates generally increase. Do CD rates go up with the ...
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s tradition-bucking pressure on the central bank.
That the State Bank of Pakistan’s Monetary Policy Committee would but its benchmark interest was inevitable, considering the continued decline in the inflation rate, which is expected to keep on goi ...