A 25 basis-point increase will take the benchmark to the highest level since June 2009, when the fallout from the global financial crisis weighed on the local currency.
AMHERST A remembrance ceremony to honor and grieve lives taken by COVID and to recognize others affected by the pandemic is being held on the Town Common Sunday afternoon.The COVID Remembrance Interfaith gathering, organized by the Interfaith.
The Sarb typically moves in increments of 25 basis points, another increase would take the benchmark repurchase rate to the highest level in almost 14 years.