Key Rate

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Related to key interest rate: Monetary policy

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 ?
It was in double digits at 10% in the first half of fiscal year 2012-13 before easing inflationary pressure led to a decline in the key interest rate.
This reflects the convergence of the money market rate towards the BCT key interest rate in connection with the intervention instruments of the Central Bank and the injection of cash to regulate the money market.
ANKARA - Turkish Finance Minister Mehmet Simsek defended Wednesday the central bank's policies despite criticism voiced by the prime minister over the timid easing of a key interest rate.
Lee's remarks came after the BOK froze the key interest rate for the 11th straight month at 2.
Cabrl in October unexpectedly cut both key interest rates by 50 basis points to guard against the risk of a default amid a government shutdown in the US, its largest export market.
SEOUL - The Bank of Korea cut Thursday the key interest rate for the first time in seven months, as the yen's weakness threatens to hurt the economy, Yonhap news agency reported Thursday.
This, many argued, will offer Turkish Central Bank Governor Erdem BaE-E*y's team an opportunity to consider a further cut in key interest rates.
Last week, the European Central Bank cut its key interest rate by a quarter of a percentage point to a record low in an effort to boost its sagging economy.
NORDIC BUSINESS REPORT-December 13, 2011--DNB sees Norges Bank lowering key interest rate to 2%(C)2011 M2 COMMUNICATIONS http://www.
M2 EQUITYBITES-December 13, 2011--DNB sees Norges Bank lowering key interest rate to 2%(C)2011 M2 COMMUNICATIONS http://www.
Tunisia's central bank cut its key interest rate by 50 basis points to 4% on Thursday, as it seeks to boost an economy still reeling from the aftermath of a revolt that toppled its president earlier this year.
Turkey's central bank has held its key interest rate steady at a record low, in a bid to control the rising lending growth.