We’ve reached a milestone with interest rates — and by extension, retailers may find it tougher to sell their inventories. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The shaky coronavirus economy has promoted people to sock money at levels not seen since 1981. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
In an emergency move designed to stem the economic impact of the coronavirus, the Bank of England on Wednesday (March 11) cut the country’s interest rate by 50 basis points to 0.25 percent. The central bank’s Monetary Policy Committee also voted unanimously to put in...
Chinese lenders have cut their prime lending rate to try and prop up their country’s economy, which has been ravaged by the coronavirus, according to the Financial Times on Thursday (Feb. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
May 01, 2020
The shaky coronavirus economy has promoted people to sock money at levels not seen since 1981. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]
March 11, 2020
In an emergency move designed to stem the economic impact of the coronavirus, the Bank of England on Wednesday (March 11) cut the country’s interest rate by 50 basis points...
February 20, 2020
Chinese lenders have cut their prime lending rate to try and prop up their country’s economy, which has been ravaged by the coronavirus, according to the Financial Times on Thursday (Feb. 20)....
January 23, 2020
Global financial services startup Revolut is now offering U.K. customers a 1.35 percent AER interest rate with its new product, Savings Vaults, the company announced on Thursday (Jan. 23). Get...
