By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday advised France to phase out regulated interest rates. Executive Directors of the IMF gave this advice at the conclusion of 2013 Article IV Consultation with France. Apart from phasing out regulated interest rates, the directors advised France to remove […]
Tag: interest Rates
ECB holds rates as economy perks up
The European Central Bank left interest rates at a record low 0.5 percent on Thursday following signs of a tentative recovery in the euro zone economy. Its president, Mario Draghi, is expected to emphasize the message that rates will stay at record lows for an extended period at the news […]
