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…
Exact rate wages are rising revealed – what it means for your money
WAGES are rising for millions of workers across the UK, new figures reveal. Growth in regular pay, excluding bonuses, grew by 6% between January and…
Weekly markets round-up: Optimism high on interest rate cut hopes
Major European indices have notched up all-time highs, with the FTSE 100 reaching a fresh record following signals from the Bank of England (BoE) indicating…
South Korea will establish ministry to address low birth rate, Yoon says
President Yoon Suk Yeol held a rare press conference Thursday and vowed to create a ministry to address the country's record-low birth rate. Photo by…
California utilities seek higher fixed monthly fees
With little debate two years ago, state lawmakers passed a complex energy bill that enabled a sweeping change in how most Californians are billed for…
Riksbank Suspense Mounts Over Possible Rate Cut: Decision Guide
Breadcrumb Trail LinksPMN BusinessThe Riksbank will either cut borrowing costs this week to aid the economy or else shirk from a move to avoid weakening…
Markets this week: Focus will be on Eurozone CPI and Fed Rate Decision
This week, the financial market will centre on the Eurozone's flash CPI data for insights into the ECB's rate path, while attention will also be…
Rate Chokehold on World Economy Is Set to Loosen Only Slowly
Breadcrumb Trail LinksPMN BusinessThe high tide for global interest rates has passed, but respite for the world economy may be limited as policymakers stay wary…
Bernanke Urges BOE to Give Market Clearer Guidance on Rate Path
Breadcrumb Trail LinksPMN BusinessBen Bernanke called on the Bank of England to consider publishing its own outlook for UK interest rates to improve the central…
What economists say about Bank of Canada’s interest rate hold
Breadcrumb Trail LinksNewsEconomyCentral bank held interest rates at 5% for the sixth consecutive timePublished Apr 10, 2024 • 3 minute read You can save this…
Why Biden is getting little credit for the resilient economy
WASHINGTON — As President Biden struggles to sell Bidenomics to skeptical voters, he’s facing the all-too-real consequences of stubbornly higher inflation, but he’s also battling human…
The Week Ahead on the Markets as the ECB prepares for its rate decision
This week, the European Central Bank (ECB) is scheduled to convene the monetary policy meeting, offering clues on the interest rate path and the economic…
Live updates: ASX set to slide as Wall Street drops on Fed rate fears
Good morning, I hope you've enjoyed another short work week — if you got Easter Monday off.Federal Reserve officials have been busy giving speeches in…
Will the US unemployment rate continue at historic lows? | Business and Economy News
All eyes will be on Friday’s US unemployment numbers to see how many jobs were added in March and whether the unemployment rate continues to…