Savings rates near zero prevent further prime rate reductions, though Hibor-linked loans will get cheaper, analysts say.
The cost of three-month dollar loans between banks fell to a new record low Monday in a further sign that credit markets are recovering after being paralyzed during the financial crisis. A gradual ...
LONDON, Sept 28 (Reuters) - Interbank lending rates for three-month euro deposits ended the quarter at their highest in more than six years as banks sought funds to meet their quarter-end obligations ...
TOKYO (Reuters) - Japan has proposed basing benchmark interest rates on actual trades as part of global efforts to improve the transparency of this process following a series of rate-fixing scandals.
SINGAPORE, Nov 28 (Reuters) - Interbank rates in Hong Kong hit two-decade highs on Tuesday, suggesting outflows are draining cash from the financial hub. The benchmark one-month HIHKD1MD= Hong Kong ...
Discover how the SIBOR, once Asia's key interbank lending rate, evolved into SORA, impacting loans and financial markets globally.
It is "highly unlikely" that the Federal Reserve will cut rates before its meeting in mid-September, said Claudia Sahm, a former top Fed staffer and now chief economist at New Century Advisors. While ...
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