interest Archives - Free Press

President Biden will wipe out the interest on the loans of 23 million students

08/04/2024 - 19:43

US President Joe Biden is scheduled to announce a student debt relief plan today that will benefit at least 23 million Americans. Biden is scheduled to announce details of the plan in Madison, Wisconsin, which includes writing off up to $20.000 in accrued interest to borrowers, regardless of their income. The administration of...

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How long will high interest rates slow economic growth?

16/12/2023 - 19:40

High interest rates slow economic growth, because there is no investment and consumption. That's why everyone is wondering when the world's largest central banks could start with the so-called monetary easing, that is, with the reduction of interest rates. Many ask the question of what is the priority for each economy. Is it reducing inflation through high interest rates or...

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Loans for Serbian pensioners are obscenely expensive, interest rates are up to 20 percent!

22/08/2023 - 11:20

Banks in Serbia have special offers for the oldest citizens. There are cash loans intended exclusively for retirees, but they are usually very expensive, with interest rates reaching up to 20 percent. Pensioners can borrow up to two million dinars from a bank, and the repayment term can be a maximum of 71 months. The interest rate is fixed in most banks. Although...

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The basic interest rate increased again, reaching 6,15 percent, it should stimulate the growth of interest rates

03/08/2023 - 14:56

At the session of the Committee for Operational Monetary Policy, it was decided to increase the interest rate on treasury bills by 0,15 percentage points, reaching 6,15 percent, the National Bank announced. "The decision to change interest rates was made in conditions of gradual stabilization, but there are still risks, which is why it was assessed that there is a need...

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Newly received deposits with significantly higher interest rates than a year ago

31/07/2023 - 15:37

The average interest rate on newly received household deposits in June was 2,87 percent, which is an increase of 2,17 percent compared to a year ago. There is also a more moderate increase in total household deposits. The interest rate in June was 1,34 percent, which is an annual growth of 0,69 percentage points, according to the new data of the National Bank. The corporate…

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President Biden will wipe out the interest on the loans of 23 million students

How long will high interest rates slow economic growth?

Loans for Serbian pensioners are obscenely expensive, interest rates are up to 20 percent!

The basic interest rate increased again, reaching 6,15 percent, it should stimulate the growth of interest rates

Newly received deposits with significantly higher interest rates than a year ago

The latest

Most read

President Biden will wipe out the interest on the loans of 23 million students

How long will high interest rates slow economic growth?

Loans for Serbian pensioners are obscenely expensive, interest rates are up to 20 percent!

The basic interest rate increased again, reaching 6,15 percent, it should stimulate the growth of interest rates

Newly received deposits with significantly higher interest rates than a year ago

The latest

Most read

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