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Interest Rate

The monthly effective rate paid (or received if you are a creditor) on borrowed money. Expressed as a percentage of the sum borrowed.

News On Interest Rate
US Fed likely to hike interest rate in June 2015: UBS

29-01-2015| Source:Moneycontrol.com

Moneycontrol BureauBrokerage house UBS expects the US Federal Reserve to begin its interest rate hike cycle in June this year.The Fed on Wednesday reiterated that it would remain patient in deciding

Negative US inflation seen; mkt fairly valued: JP Morgan  

29-01-2015| Source:CNBC-TV18

The Fed said it would take "financial and international developments" into account when determining when to raise rates, adding a reference to global markets for the first time since

Fed keeps patient approach to hiking rates

29-01-2015| Source:Reuters

The Federal Reserve on Wednesday repeated that it will remain "patient" in deciding when to raise interest rates, and said the US economy is on track despite turmoil in other markets around the world

Wall Street ends lower after Fed statement, oil drop

29-01-2015| Source:Reuters

on track to raise interest rates later this year.

Gold steadies after fall on Fed's patient stance

29-01-2015| Source:Reuters

Gold steadied above USD1,280 an ounce on Thursday after the US Federal Reserve reiterated it would be patient in deciding when to raise interest rates, keeping bullion trading in recent ranges

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