Headline
- France condemns Israel heavily after gendarmes detained Jerusalem
- At COP29 countries should deliver key policies for banks to finance renewable energy: IEEFA
- RAB arrests 'Boma Arman'
- US Democrats unlikely to change stance on Israel’s actions: Analyst
- Typhoon floods villages, damages two airports in Philippines
- BRTC bus catches fire on Kuril Bishwa Road
- Argentina charges 3 over death of One Direction's Liam Payne
- Australia bowled out for 163 in 2nd ODI against Pakistan
- BNP activists gather in Nayapaltan for Revolution Solidarity Day rally
- Venezuela signs defense, energy deals with Russia
- No justification for blocking Türkiye's EU accession bid: Erdoğan
- Bangladesh's PMI climbed to 55.7 in October
- BNP to hold noon rally in capital, extensive preparations underway
- Petrobangla to make a fresh short list of LNG suppliers of int'l spot market soon
- Simon Kinberg to write and produce new 'Star Wars' trilogy for Lucasfilm
- Nissan shares plummet after deep cuts announcement
- Kapil Dev delivers strong message to India batsmen following New Zealand defeat
- All eyes on EC as over 500 names proposed to search committee
- Trump appoints campaign manager Susie Wiles as chief of staff
- Bank of England cuts interest rate amid falling inflation
Bank of England cuts interest rate amid falling inflation
The Bank of England (BoE) cut its key interest rate on Thursday by 25 basis points to 4.75%, signaling further reductions as UK inflation dropped to a three-year low of 1.7%. This is the BoEs second rate cut since August, and follows a trend among major central banks in easing borrowing costs after...
Businesses worried as interest rates keep rising
For the last couple of years, inflation has been deterring the growth of our economy. Hence Bangladesh Bank(BB) has taken initiatives to counter this nuisance. In order to tame inflation, BB has decided to raise the policy interest and restrict the flow of money in the market. This year, the...