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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde (C) speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

A journalist takes photos during a press conference at the European Central Bank (ECB) headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde (C) speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde (C) speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A journalist takes photos during a press conference at the European Central Bank (ECB) headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde (C) speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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China Foreign Exchange Trade Center in Shanghai

SHANGHAI, CHINA - JUNE 4, 2024 - China Foreign Exchange Trade Center and National Interbank Lending Center, Shanghai, China, June 4, 2024

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China Foreign Exchange Trade Center in Shanghai

SHANGHAI, CHINA - JUNE 4, 2024 - China Foreign Exchange Trade Center and National Interbank Lending Center, Shanghai, China, June 4, 2024

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SOUTH KOREA-SEOUL-OUTDOOR LIBRARY

(240422) -- SEOUL, April 22, 2024 (Xinhua) -- People read at Gwanghwamun Plaza in Seoul, South Korea, April 19, 2024. Seoul Outdoor Library opens to the public on April 18. The Seoul city government has set up lending services counters, beanbags, leisure chairs and other facilities in Seoul Plaza, Gwanghwamun Plaza and Cheonggyecheon Stream to encourage citizens and tourists to enjoy reading outdoors. 2024 Seoul Outdoor Library will remain open until November 10. (Xinhua/Yao Qilin)

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SOUTH KOREA-SEOUL-OUTDOOR LIBRARY

(240422) -- SEOUL, April 22, 2024 (Xinhua) -- People read at Seoul Plaza in Seoul, South Korea, April 21, 2024. Seoul Outdoor Library opens to the public on April 18. The Seoul city government has set up lending services counters, beanbags, leisure chairs and other facilities in Seoul Plaza, Gwanghwamun Plaza and Cheonggyecheon Stream to encourage citizens and tourists to enjoy reading outdoors. 2024 Seoul Outdoor Library will remain open until November 10. (Xinhua/Yao Qilin)

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SOUTH KOREA-SEOUL-OUTDOOR LIBRARY

(240422) -- SEOUL, April 22, 2024 (Xinhua) -- People read at Seoul Plaza in Seoul, South Korea, April 21, 2024. Seoul Outdoor Library opens to the public on April 18. The Seoul city government has set up lending services counters, beanbags, leisure chairs and other facilities in Seoul Plaza, Gwanghwamun Plaza and Cheonggyecheon Stream to encourage citizens and tourists to enjoy reading outdoors. 2024 Seoul Outdoor Library will remain open until November 10. (Xinhua/Yao Qilin)

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SOUTH KOREA-SEOUL-OUTDOOR LIBRARY

(240422) -- SEOUL, April 22, 2024 (Xinhua) -- People read at Seoul Plaza in Seoul, South Korea, April 21, 2024. Seoul Outdoor Library opens to the public on April 18. The Seoul city government has set up lending services counters, beanbags, leisure chairs and other facilities in Seoul Plaza, Gwanghwamun Plaza and Cheonggyecheon Stream to encourage citizens and tourists to enjoy reading outdoors. 2024 Seoul Outdoor Library will remain open until November 10. (Xinhua/Yao Qilin)

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SOUTH KOREA-SEOUL-OUTDOOR LIBRARY

(240422) -- SEOUL, April 22, 2024 (Xinhua) -- People read at Gwanghwamun Plaza in Seoul, South Korea, April 19, 2024. Seoul Outdoor Library opens to the public on April 18. The Seoul city government has set up lending services counters, beanbags, leisure chairs and other facilities in Seoul Plaza, Gwanghwamun Plaza and Cheonggyecheon Stream to encourage citizens and tourists to enjoy reading outdoors. 2024 Seoul Outdoor Library will remain open until November 10. (Xinhua/Yao Qilin)

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SOUTH KOREA-SEOUL-OUTDOOR LIBRARY

(240422) -- SEOUL, April 22, 2024 (Xinhua) -- People read at Seoul Plaza in Seoul, South Korea, April 21, 2024. Seoul Outdoor Library opens to the public on April 18. The Seoul city government has set up lending services counters, beanbags, leisure chairs and other facilities in Seoul Plaza, Gwanghwamun Plaza and Cheonggyecheon Stream to encourage citizens and tourists to enjoy reading outdoors. 2024 Seoul Outdoor Library will remain open until November 10. (Xinhua/Yao Qilin)

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SOUTH KOREA-SEOUL-OUTDOOR LIBRARY

(240422) -- SEOUL, April 22, 2024 (Xinhua) -- People read beside Cheonggyecheon Stream in Seoul, South Korea, April 19, 2024. Seoul Outdoor Library opens to the public on April 18. The Seoul city government has set up lending services counters, beanbags, leisure chairs and other facilities in Seoul Plaza, Gwanghwamun Plaza and Cheonggyecheon Stream to encourage citizens and tourists to enjoy reading outdoors. 2024 Seoul Outdoor Library will remain open until November 10. (Xinhua/Yao Qilin)

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Inflation in Sweden slows down in March

STORY: Inflation in Sweden slows down in March SHOOTING TIME: April 12, 2024 DATELINE: April 13, 2024 LENGTH: 00:01:30 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of Statistics Sweden (SCB) 2. various of supermarkets 3. various of Stockholm's streets STORYLINE: Inflation in Sweden slowed from 4.5 percent in February to 4.1 percent in March, Statistics Sweden (SCB) said on Friday. Mikael Nordin, a statistician at SCB, said that the cost of certain goods had decreased from the same period last year. SCB said that inflation, measured as the Consumer Price Index (CPI), was mainly driven by mortgage costs rising by 39.3 percent for apartment owners. Meanwhile, tenants paid 5 percent higher rents for their apartments than a year earlier. However, increasing housing costs were offset by cheaper diesel and electricity -- down by 17.5 percent and 9.1 percent respectively year-on-year, SCB said. Besides increased lending costs due to the Swedish central bank raising the benchmark interest rate f

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ECB leaves interest rates unchanged

STORY: ECB leaves interest rates unchanged SHOOTING TIME: April 11, 2024 DATELINE: April 12, 2024 LENGTH: 00:01:53 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of the European Central Bank 2. various of the EBC press conference 3. SOUNDBITE (English): CHRISTINE LAGARDE, ECB President 4. various of the European Central Bank STORYLINE: The European Central Bank (ECB) on Thursday decided to leave key interest rates unchanged after its regular rate-setting meeting in Frankfurt, Germany. The three key interest rates are still hovering at historically high levels. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility remain unchanged at 4.5 percent, 4.75 percent and 4 percent respectively, the ECB announced in a statement. SOUNDBITE (English): CHRISTINE LAGARDE, ECB President "So in conclusion, the governing council today decided to keep the three key ECB interest rates unchanged. We are determined to ens

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SRI LANKA-COLOMBO-INTEREST RATES-REDUCING

(240326) -- COLOMBO, March 26, 2024 (Xinhua) -- Sri Lanka's central bank governor Nandalal Weerasinghe speaks at a press conference in Colombo, Sri Lanka, on March 26, 2024. Sri Lanka's central bank decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) by 50 basis points to 8.50 percent and 9.50 percent respectively, the bank's statement said on Tuesday. (Photo by Gayan Sameera/Xinhua)

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Egypt's central bank raises interest rates by 600 bps

STORY: Egypt's central bank raises interest rates by 600 bps SHOOTING TIME: earlier footage DATELINE: March 7, 2024 LENGTH: 00:00:57 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Egypt 2. various of an accountant counting banknotes 3. various of the National Bank of Egypt 4. various of Banque Misr STORYLINE: The Central Bank of Egypt (CBE) raised its interest rates by 600 basis points (bps) on Wednesday and said it would allow the exchange rate to be determined by the market in a bid to ensure a smooth transition to a flexible inflation targeting regime. In a statement, the central bank raised the overnight lending rate to 28.25 percent, its overnight deposit rate to 27.25 percent, and the rate of the main operation to 27.75 percent. The CBE decided to accelerate the monetary tightening process in order to fast-track the disinflation path and ensure a decline in underlying inflation. Egypt's annual inflation figures, despite recent declines, are expected to remai

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Egypt's central bank issues 50 bln EGP in T-bills

STORY: Egypt's central bank issues 50 bln EGP in T-bills SHOOTING TIME: file DATELINE: March 4, 2024 LENGTH: 00:00:45 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egypt's Finance Ministry and the minister 2. various of Egypt's central bank 3. various of the Egyptian banknotes STORYLINE: The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, issued treasury bills (T-bills) at a total value of EGP 50 billion through two offerings on Sunday. With a tenor of 91 days, the first tranche was valued at about EGP 25 billion, according to official data. The second offering stood at EGP 25 billion and will mature in 273 days. In early February, the Central Bank of Egypt raised the key interest rates by two percent. Accordingly, the overnight deposit rate, the overnight lending rate, and the main operation rate were raised to 21.25 percent, 22.25 percent, and 21.75 percent, respectively. In addition, the discount rate was raised by 200 basis points to 21.75 percent. The decision has b

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Illustration LPR

SHIYAN, CHINA - FEBRUARY 20, 2024 - Illustration LPR, Shiyan City, Hubei Province, China, February 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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Illustration LPR

SHIYAN, CHINA - FEBRUARY 20, 2024 - Illustration LPR, Shiyan City, Hubei Province, China, February 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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Bank Personal Loan Center

HAIAN, CHINA - FEBRUARY 20, 2024 - A staff member of a personal loan center of a bank handles personal loans for customers in Haian, East China's Jiangsu province, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the quoted interest rate (LPR) of the loan market on February 20, 2024 is as follows: the one-year LPR is 3.45%, which remains unchanged; The five-year + LPR was 3.95%, down 25 basis points from the previous month.

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Bank Personal Loan Center

HAIAN, CHINA - FEBRUARY 20, 2024 - A staff member of a personal loan center of a bank handles personal loans for customers in Haian, East China's Jiangsu province, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the quoted interest rate (LPR) of the loan market on February 20, 2024 is as follows: the one-year LPR is 3.45%, which remains unchanged; The five-year + LPR was 3.95%, down 25 basis points from the previous month.

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Bank Personal Loan Center

HAIAN, CHINA - FEBRUARY 20, 2024 - A staff member of a personal loan center of a bank handles personal loans for customers in Haian, East China's Jiangsu province, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the quoted interest rate (LPR) of the loan market on February 20, 2024 is as follows: the one-year LPR is 3.45%, which remains unchanged; The five-year + LPR was 3.95%, down 25 basis points from the previous month.

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Egypt's central bank raises interest rates by 200 bps to ease inflation

STORY: Egypt's central bank raises interest rates by 200 bps to ease inflation SHOOTING TIME: Feb. 1, 2024 DATELINE: Feb. 2, 2024 LENGTH: 00:00:54 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Egypt 2. various of an accountant counting Egyptian banknotes 3. various of a market STORYLINE: The Central Bank of Egypt (CBE) raised its overnight interest rates by 200 basis points (bps) on Thursday over uncertainty surrounding the inflation outlook. The rate hike brings the lending rate to 22.25 percent and the deposit rate to 21.25 percent. "Widespread inflationary pressures remain elevated, continuing to impact pricing and consumption behaviors," the bank said in a statement. Egypt's annual headline and core inflation continued to decelerate, recording 33.7 percent and 34.2 percent in December 2023. However, geopolitical uncertainty and ongoing maritime trade disruptions continue to raise domestic and global inflationary pressures. The meeting came amid the co

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ECB holds rates steady

STORY: ECB holds rates steady SHOOTING TIME: Dec. 14, 2023 DATELINE: Dec. 15, 2023 LENGTH: 00:01:00 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of the European Central Bank 2. various of shopping malls in Frankfurt STORYLINE: The European Central Bank (ECB) on Thursday decided to leave its key interest rates unchanged. The interest rates on the main refinancing operations, the marginal lending facility and the deposit facility will all remain unchanged at 4.5 percent, 4.75 percent and 4 percent, respectively. "The Governing Council is determined to ensure that inflation returns to its 2 percent medium-term target in a timely manner," the bank said in a statement. "Based on its current assessment, the Governing Council considers that the key ECB interest rates are at levels that, maintained for a sufficiently long duration, will make a substantial contribution to this goal." Compared with their projections made in September, the ECB staff now revised their inflation expectations f