Thursday, March 20, 2025

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interest rate cut

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Banks simultaneously lower deposit interest rates from today

Many banks have reduced deposit interest rates after a meeting with the State Bank on implementing solutions to stabilize deposit interest rates.

Fed may delay rate cut due to rising inflation concerns

After cutting interest rates by a total of 100 basis points over the past four years, Fed officials have recently signaled that they are in “no rush” to further lower rates due to concerns about rising inflation.
Fed may keep interest rates unchanged next week

Although Mr. Trump said he would ask the Fed to immediately cut interest rates, experts predict the US Federal Reserve will not act at its meeting next week.