US EditionUruguay Eases Interest Rates As Inflation Finally Behaves
3 Articles
3 Articles
Following the Central Bank of Iceland's policy rate cut, Íslandsbanki has announced an interest rate cut. With this, the non-indexed mortgage interest rate, which is fixed for 5 years, will decrease by 0.2% to 7.95%. The interest rate has not been lower since July 1, 2022, when it had risen significantly after falling to 4.05% in the summer of 2020. Íslandsbanki thus offers the lowest non-indexed interest rate of all lenders in...
Uruguay Eases Interest Rates As Inflation Finally Behaves
Uruguay’s central bank has started to gently release the brakes on its economy, cutting the benchmark interest rate from 8.25% to 8% at its latest Tuesday meeting. The move is small in size but big in signal: after a long stretch of tight money meant to crush inflation, policymakers now believe they can slowly move […]
The Central Bank of Uruguay has decided to cut the monetary policy rate by 25 basis points, to 8%, according to the institution in a statement. ...
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