INTEREST EXPENSE
Cost of debt incurred by any individual, company, or entity for borrowed funds. A non-operating expense on the income statement, it represents the amount payable on debts such as bonds, convertible debt, loans, or lines of credit. To get the interest expense, multiply the interest rate by the outstanding principal amount of the debt. In income statement, it is the interest yielded during the specified period. Interest expense is tax-deductible for corporations; but for individuals, it varies from one jurisdiction to another, as well as on the loan’s purpose.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Mar | |
| 04:00 | Fixed Asset Investment | Feb | |
| 04:00 | Industrial production | Feb | |
| 04:00 | Retail Sales | Feb | |
| 04:00 | Unemployment Rate | Feb | |
| 04:00 | NBS Press Conference | ||
| 14:15 | Housing Starts | Feb | |
| 14:30 | Consumer Price Index | Feb | |
| 14:30 | Consumer Price Index Core | Feb |
