Bank of Japan Is Set to Raise Interest Rates, Trump Permitting
Breadcrumb Trail LinksPMN BusinessBank of Japan Governor Kazuo Ueda will size up the need to raise interest rates on Friday amid heightened expectations of a…
US Inflation Data to Remain Firm, Feeding Fears of Higher Rates
Breadcrumb Trail LinksPMN BusinessForecasters expect a monthly report on US consumer prices to show a fifth month of firm increases, bolstering the case for an…
Unemployment rates climb in most Canadian cities
Article contentBelleville posted the biggest jump with its unemployment rate nearly doubling from 1.8 per cent to 3.3 per cent. The Ontario city’s rate, however,…
Reforming Institutions for Better Fiscal, Not Higher Rates
As the sun sets on 2024, the Indonesian government charts a new fiscal course by raising the Value Added Tax (VAT) rate to 12 percent…
Six reasons to be cheerful about business in 2025 from lower interest rates to revival of British manufacturing giant
IT’S a bit gloomy out there, with fears of another recession and inflation soaring.To stop us festering in a depressive Christmas fug, I’ve scraped the…
US Fed cuts interest rates but cautions for year ahead | Business and Economy News
Slower progress on inflation translates into a slower pace of rate cuts, especially as economic growth is brisk.The United States Federal Reserve has cut interest…
Fed lowers interest rates again but more cuts uncertain
WASHINGTON — The Federal Reserve on Wednesday made another cut in interest rates, but dialed back expectations for lowering rates in the near future. The rate…
BOE Embraces Caution After Year That Failed to Deliver on Rates
Breadcrumb Trail LinksPMN BusinessThe Bank of England entered the year with investors expecting six interest-rate cuts, a sudden easing that promised to breathe life into…
Europe’s Rates Head Lower in Readiness for Another Trump Era
Breadcrumb Trail LinksPMN BusinessEurope’s central banks are taking a determined dovish turn to aid economies bracing for more disruption from Donald Trump’s second stint in…
ECB set to trim interest rates again: What’s next and why it matters
The ECB is set to cut rates by 25 basis points to 3%, with further easing expected into 2025. Lower rates may provide a much-needed…
Keir Starmer brushes off rising mortgage rates — blaming them on the banks
SIR Keir Starmer yesterday brushed off rising mortgage rates, blaming banks’ “individual decisions”.The PM said he was not to blame for post-Budget hikes in mortgage…
3-year fixed rates drop despite bond yields’ continuing rise
Article contentThe mortgage market nervously watched bond yields climb again this week. U.S. president-elect Donald Trump’s policies could potentially be like throwing gasoline on inflation‘s…
Trump policies may push ECB to cut rates, Draghi urges reform efforts
Trump’s protectionist policies could push the ECB to cut rates faster than predicted, as renewed tariffs on European exports threaten growth. Draghi urges EU reforms…
Fed cuts rates again as Trump’s victory makes future murky
The Federal Reserve cut interest rates for a second straight time Thursday in an effort to keep the economy sailing along by easing the high…
US Fed cuts interest rates by quarter of a percentage point | Inflation News
The Fed will have to navigate a changing economic landscape with the election of Donald Trump as the next US president.The United States Federal Reserve…
Bank of England poised to decide on UK interest rates
The Bank of England is expected to cut the UK interest rate for the second time in three months, as inflation has fallen to its…
Federal Reserve is set to cut rates again while facing a hazy post-election outlook
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressChristopher RugaberPublished Nov 03, 2024 • 4 minute read You can save this article by registering for…
Will mortgage rates fall? Your Budget questions answered
BBCWill mortgage rates fall?Asks Melania BenincasaOf course, we don’t know the answer to this for sure, but the rates on new, fixed deals have been…
Boom for buyers as house sales hit four year high thanks to falling mortgage rates
THE number of house sales hit a four-year high in October, according to property website Zoopla.An estimated £113billion worth of homes are in the sales…
Charting the Global Economy: ECB Lowers Rates as Inflation Wanes
Breadcrumb Trail LinksPMN BusinessThe European Central Bank reduced interest rates for the third time this year as a hastier retreat in inflation allows policymakers to…