The Central Bank of Russia increases the interest rate by one point and sees an increase in GDP of up to 2.5% possible

Moscow (EFE).- The Central Bank of Russia (BCR) today raised the interest rate by one percentage point to 8.5%, which reaches its highest level since June 2022, and significantly revised upwards its growth forecasts for the economy for this year, now predicting a rise in GDP of between 1.5 and 2.5%. In its April macroeconomic... Read More

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Bank, central, GDP, increase, increases, Interest, point, rate, Russia, sees

July 10, 2023

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La Quinta de Selgas, will be declared an asset of cultural interest

Oviedo (EFE).- The Government of Asturias has initiated the procedures to declare the buildings, gardens and artistic collections that make up the Quinta de Selgas, located in El Pito (Cudillero). The Official Gazette of the Principality has published this Monday the initiation of the file to grant comprehensive protection to this complex due to its... Read More

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asset, cultural, declared, Interest, Quinta, Selgas

June 21, 2023

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Fed acknowledges possibility of interest rate hikes

Washington (EFE) “Almost all of the participants in the Federal Open Market Committee,” the body of the Fed that decides on rate hikes, believe that it will be “appropriate to raise interest rates a little more by the end of the year,” he said in a speech published this week. tomorrow and that he will... Read More

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acknowledges, Fed, hikes, Interest, possibility, rate

June 14, 2023

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The Federal Reserve pauses and does not raise interest rates in the US.

Washington (EFE).- The Federal Reserve (Fed) decided this Wednesday to take a break and will not raise interest rates this month, although it did not rule out continuing to raise them in the future if necessary. Rates thus remain in a range of between 5% and 5.25%, the highest level since mid-2007, after a streak... Read More

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federal, Interest, pauses, raise, rates, Reserve

June 13, 2023

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The Fed, between continuing to raise interest rates or taking a breather

Washington (EFE).- The members of the Federal Open Market Committee of the US Federal Reserve begin a meeting on Tuesday in which they will decide if the ten increases in interest rates carried out in the last year are sufficient or if it is necessary to continue raising them. While on previous occasions the rises... Read More

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breather, continuing, Fed, Interest, raise, rates

May 25, 2023

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There is interest in these elections being the prelude to the general ones, but they will not be

Lydia Yanel Campo de Criptana (Ciudad Real) (EFE) Sunday’s elections are “a kind of prelude to the general elections” and he stressed that “not only have they never been, but they will not be”. In an interview with the EFE Agency at a stop during his electoral campaign, next to the windmills of Campo de... Read More

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elections, general, Interest, prelude

May 14, 2023

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Argentina raises interest rates to tackle inflation

Buenos Aires (EFE) in the exchange market, as well as initiatives to sustain consumption and the level of activity. The Ministry of Economy released a list with a series of measures that the head of the Portfolio, Sergio Massa, finalized on Saturday with his team -one day after the latest inflation data was released, which... Read More

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Argentina, inflation, Interest, raises, rates, tackle

May 4, 2023

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The ECB increases its interest rates by a quarter of a point, up to 3.75%

Frankfurt (Germany) (EFE) they reach the real economy. After the meeting of the Governing Council, the ECB reported that it also increases the credit facility, which it lends to banks overnight, by 25 basis points, up to 4%, and the deposit facility, which it remunerates to the banks the excess reserves to one day, up... Read More

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ECB, increases, Interest, point, quarter, rates

May 3, 2023

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The US Federal Reserve raises interest rates

The president of the United States Federal Reserve (Fed), Jerome Powell, in a file image. EFE/Michael Reynolds Washington (EFE).- The Federal Reserve (Fed) of the United States announces a new rise in interest rates, of 0.25 points, which places rates in a range of between 5 and 5.25%. The increase, the tenth in the last... Read More

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federal, Interest, raises, rates, Reserve

April 29, 2023

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Spanish banks will not pay interest on deposits yet

Madrid (EFE).- The Spanish banks that have presented their quarterly accounts in recent days have been very clear: at the moment they have no intention of paying interest to their clients for the deposits they hold, at least generally, because they do not they need to attract more liquidity to their balance sheets. However, all... Read More

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banks, deposits, Interest, pay, Spanish