The return of inflation has surprised many, including central bankers. So has the resulting rise in nominal interest rates. These surprises have brought others with them, notably a mini-shock to ...
In early 2020, global nominal interest rates converged around zero, with the US (at the 10-year maturity point) under 1% and the EU slightly negative. The monetary spigots were on, and central banks ...
Explore the meaning of a negative interest rate environment, its economic implications, and how it affects banks, consumers, and investments globally.
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SEC caps interest rates on small loans
MANILA, Philippines — Local regulators made a significant move to combat predatory lending, imposing a cap of 6 percent per month on the nominal interest rate for loans of up to P10,000. The ...
MANILA, Philippines – The Securities and Exchange Commission (SEC) has issued an order capping at 6 percent per month or 0.2 percent day the nominal interest rate that financing and lending companies ...
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