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
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...