Emergency action has been taken to support the economy during the Coronavirus epidemic, the Federal Reserve announced on Sunday that it would cut its target interest rate to near zero.

Federal reserve slashes interest rates to zero amid global economy crisis

The Reserve Bank of Australia has cut official interest rates to a new record low of 0.5% due to the “significant effect” of the coronavirus outbreak on the Australian economy and has signalled it is prepared to cut further if needed.

Australia cuts rates to record low amid coronavirus concerns | Covid -19

As divisions grow at the European Central Bank over continued interest rate cuts, at least one indicator appears to side with policymakers who are arguing for tighter monetary policy: household savings rates.

Rising European savings could undermine case for negative rates

The government has kept the interest rates on small savings schemes, including NSC and PPF, unchanged for the April-June quarter. Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 8 per cent, while Kisan Vikas Patra (KVP) will give a yield of 7.

Small savings schemes: Government keeps interest rates unchanged for April-June quarter

President Donald Trump on Monday renewed his verbal assault on the US Federal Reserve, blaming the central bank for mounting fears over the US economy and comparing it to a blundering golfer.

Central bank US economy's 'only problem', tweets Trump

US Central Bank hikes key lending interest rates for the fourth time this year

US President Donald Trump again lashed out at the Federal Reserve on Monday for considering raising interest rates, on the eve of a meeting at which policymakers are widely expected to do so.

US central bank expected to raise rates Tuesday, Trump lashes out at it

RBI is likely to keep interest rates on hold on Thursday for the fourth meeting in a row but maintain a cautious tone despite a pullback in inflation.

RBI to keep rates on hold, sounds cautious despite easing inflation

The RBI is expected to keep rates steady for the rest of this year

RBI to take hawkish stance by end-2018, hike rates early next year: Reports

EPFO newly decided interest rates will be ratified by the finance ministry before being credited to the subscriber's accounts at the end of the financial year

The Employees' Provident Fund Organisation slashes interest rates from 8.65% to 8.55%

The Reserve Bank of India is likely to leave interest rates unchanged at its December policy meeting and through the end of next year, despite expectations that?inflation will breach its 4 percent target in the next few months, a Reuters poll showed

India's inflation likely to rise, interest rates won't: Poll

The BoE on Thursday raised interest rates for the first time since 2007.

Bank of England's Carney sees slower growth without Brexit deal

Street estimates say hike expected to be between 0.25-0.5%

US Fed likely to hike interest rates tonight

The UK 'Brexit' vote impacted the decision not to increase interest rates

Uncertainty makes US Fed hold off interest rate hike

The US Federal Reserve had raised its lending rate last December for the first time since 2006 by a quarter-percentage point

Fed expected to keep interest rates unchanged in wake of possible Brexit

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