EghtesadOnline: The dollar is set to fall 5 percent in the next few months, the Federal Reserve isn’t raising interest rates anytime soon and U.S. economic data is only going to get worse.
EghtesadOnline: The dollar tumbled versus the euro after the Federal Reserve kept interest rates unchanged while underscoring a gradual pace toward tighter monetary policy, casting doubt on officials’ willingness to raise borrowing costs before year-end.
EghtesadOnline: The Central Bank of Iran remains focused on and committed to lower interest rates and wants to reduce it further to single digits in line with the rate of inflation, said the bank’s governor Valiollah Seif on Thursday.
EghtesadOnline: Just as mortgage bankers were preparing for the end of a historic boom driven by low interest rates, borrowers have begun knocking at their doors again, Reuters reported.
EghtesadOnline: Interest rates will continue on the downward slope but it is unclear how much further down it will go, the CEO of the Bank of Industry and Mine said Monday.