Key Rate


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Key Rate

An interest rate that a bank uses to determine the interest rates it charges borrowers and pays depositors. Common key rates include the fed funds rate, the fed discount rate, and the LIBOR.
References in periodicals archive ?
Goldman Sachs has revised its previous forecast of the key rate hike in July into October.
In this environment the Bank of Russia will continue to reduce the key rate and will complete the transition to neutral monetary policy in 2018.
The central bank last cut its key rate on 3 November 2010 -- by 75 points to 5.5%.
The Indonesian central bank has increased its key rate.
In November last year, South Korea's central bank adjusted up the key rate for the first time in more than six years, citing signs of economic recovery.
Moving forward, the Bank of Russia's key rate decisions will be based on its assessment of the balance of risks of inflation's material and sustainable deviation in either direction from the target, as well as the dynamics of economic activity against the forecast.
Latvia's central bank has decided to leave its key rate unchanged, while reducing the rates on its seven-day and overnight deposit facilities, Dow Jones has reported.
27 October 2010 - Norway's central bank Norges Bank is expected to once again maintain its key rate unchanged at 2% at its monetary policy meeting at 14:00 CET on Wednesday.
It is the eighth time in as many months the key rate has been kept unchanged.
Summary: At its meeting on 13 June 2018, NBGEe's monetary policy committee decided to keep its key rate unchanged at 7.25%.
The apex bank lowered the key rate to 7.25 percent per annum from 7.5 percent.
This means Korea's key rate will be lower than that of the U.S.