Fed rate decision: Implications on the European stock markets
European stock markets recoup most of their losses from earlier in the week following the release of US CPI data. Regional markets poised to open…
Fed Signals One Rate Cut This Year, But Keeps Door Open to Two
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials dialed back their expectations for interest-rate cuts this year, though Chair Jerome Powell kept the door open for more…
Fed holds US interest rate steady in June warning of just one possible cut this year
The policymakers' forecast for one rate cut was down from a previous forecast of three, because inflation, having cooled in the past two months, remains…
Fed Officials Dial Back Rate Forecasts, Signal Just One ’24 Cut
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials penciled in just one interest-rate cut this year and forecast more cuts for 2025, reinforcing policymakers’ calls to keep…
Interest rate cuts: 5 ways to prepare your portfolio
Breadcrumb Trail LinksInvestorInvestors can still look to tilt their portfolio in certain ways to position themselves for possible longer-term gainsPublished Jun 12, 2024 • 4…
Lord Mayor Adrian Schrinner announces Brisbane City Council budget rate rise, changes to short-stay accommodation
Brisbane ratepayers will face an above-inflation rate rise of 3.8 per cent next financial year under Lord Mayor Adrian Schrinner's first budget since winning re-election…
Thailand to Hold Rate Again as Government Piles Pressure to Ease
Breadcrumb Trail LinksPMN BusinessThailand’s central bank is poised to maintain its benchmark interest rate at a decade high on Wednesday as spending and inflation gather…
Warner Bros. Discovery raises Max subscription price amid streaming inflation
Warner Bros. Discovery is raising the cost of ad-free subscriptions to its streaming platform, Max. The New York-based entertainment behemoth announced Tuesday that the price…
Tokyo’s local government will launch a dating app to try and boost Japan’s falling birth rate
In short: Japan's capital Tokyo will develop a dating app to try and help boost the country's falling birth rate.The app will require people to…
Column: Newsom gets moving on California’s homeowner insurance crisis
SACRAMENTO — Gov. Gavin Newsom has proposed urgency legislation to expedite the hiking of homeowner insurance rates. It’s about time. Because the alternative for many is…
Week ahead: ECB rate decision and EU elections take centre stage
European financial markets are set to react to two major events: the European Central Bank's rate decision and the EU Parliamentary elections. ADVERTISEMENTIt will be…
ECB Rate Cut Will Be Rare Bright Spot in Troubled Euro Region
Breadcrumb Trail LinksPMN BusinessThis week’s interest-rate cut is a milestone for the European Central Bank.Author of the article:Bloomberg News Mark Schroers and Alice GledhillPublished Jun…
Asian Stocks Eye Early Gains as Rate Cut Bets Firm: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian stocks are set to gain in early trading, following US peers on Friday, as expectations for Federal Reserve rate cuts were…
Eurozone inflation accelerates in May: Are ECB rate cuts in doubt?
The harmonised index of consumer prices rose by 2.6% year-on-year in May, surpassing forecasts. Core inflation also increased to 2.9%. This comes as the European…
Do Bank of Canada rate holds risk further damage?
Article contentDavid Rosenberg, founder and president of Rosenberg Research, recently told the Financial Post’s Larysa Harapyn that he expects a rate cut at the central…
Purpose Investments Inc. Announces Final May 2024 Distribution Rate for Cash and Money Market ETFs, Updates Ex-Distribution Date for Purpose Emerging Markets Dividend Fund, Purpose International Dividend Fund, and Big Banc Split Corp, and Provides an Update to T+1 Settlement Schedule
This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its…
Bond market says interest rate cut by July is pretty much a lock
Article contentCanada’s latest rate-friendly inflation report has markets once again thinking there’s a chance the Bank of Canada will start rolling back rates on June…
Economists to have a close eye on April inflation report as BoC rate decision nears
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Canadian Press Nojoud Al MalleesPublished May 19, 2024 • 3 minute read You can save this article by…
Klaas Knot hints at ECB rate cut in June and calls for capital markets union
Klaas Knot, President of De Nederlandsche Bank, anticipates a June ECB rate cut and has advocated for deeper financial integration through the capital markets union…
L.A. City Council backs plan to double sewer fees
Many Los Angeles residents will see their sewer fees double over the next four years, with the City Council approving the increases Tuesday over the…