Bank of Canada Set to Cut Rates Again to Preserve Soft Landing
Breadcrumb Trail LinksPMN BusinessThe Bank of Canada is likely to cut interest rates for a second straight meeting as it aims to steer clear of…
Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated PressDamian J. TroisePublished Jul 11, 2024 • 2 minute read You can save this article by registering…
Jerome Powell suggests to Congress that Fed will hold on interest rates for now
Jerome Powell, chairman of the Federal Reserve, testifies at the Senate Banking, Housing, and Urban Affairs hearing on March 7. He told the committee on…
UK interest rates should remain on hold this summer, warns BOE official
The UK's jobs market is currently too strong to start cutting interest rates, says BOE Monetary Policy Committee member Jonathan Haskell. ADVERTISEMENTIn the first public…
Economists say BoC could cut interest rates again in July if inflation keeps cooling
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Canadian Press Nojoud Al MalleesPublished Jun 23, 2024 • 3 minute read You can save this article by…
Top 10 cheapest European cities for car rentals disclosed: Valetta, Malta offers best rates
A study of 2,000 motorists found that 12% leave it to the day before or day of travel to book their vehicle, but if you…
US stock market hits new record ahead of interest rates decision | Financial Markets
S&P 500 gains 0.3 percent ahead of US Federal Reserve’s latest decision on interest rates. The US stock market has hit record highs ahead of…
Brit tourists facing rock-bottom exchange rates as euro drops to TWO-YEAR low against pound – how to get the best deal
POLITICAL chaos in France saw the Euro plummet against the Pound last night - in good news for Brits jetting to the continent for summer…
Stock market today: Asian shares track Wall Street’s slide on worries over interest rates
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated Press Elaine KurtenbachPublished May 24, 2024 • 3 minute read You can save this article by registering…
Reduce Interest Rates and Offer Relief to Canadian Families – Ball is in Your Court, Governor Macklem
Article contentBruske: Workers are still paying too high of a price; interest rates must come down. OTTAWA, May 21, 2024 (GLOBE NEWSWIRE) — Despite a…
After a huge week of economic news, where did we land on the direction of interest rates?
It's been a big week for economic and business news.Treasurer Jim Chalmers handed down his third budget on Tuesday, and the Bureau of Statistics published…
Chancellor Jeremy Hunt urges Bank of England to not cut rates too quickly and risk raising them again
CHANCELLOR Jeremy Hunt yesterday urged the Bank of England not to cut rates too quickly and risk raising them again. The Bank kept rates at…
Ken Henry knows a thing or two about federal budgets. His message for Jim Chalmers? Hold steady
There aren't many economists willing to depart from the line that Tuesday's budget must tighten the belt on spending and be "contractionary" to prevent another…
Why mortgage rates are going up, not down
The cost of a new fixed mortgage has risen in recent days, defying many homeowners' hopes and expectations. Source link
U.S. Federal Reserve left interest rates unchanged at 5.25 – 5.5 percent
The Federal Reserve of the United States decided to maintain interest rates at a 22-year high of 5.25 percent to 5.5 percent, based on recent…
Bank Of Canada needs to start cutting rates now: Rosenberg
Breadcrumb Trail LinksEconomyKey data points indicate the central bank is keeping policy 'far too tight'Published May 03, 2024 • 5 minute read You can save…
US Fed keeps interest rates at 23-year high amid stubborn inflation | Inflation
US central bank keeps benchmark rate at 5.25-5.50% after series of economic reports undercut hopes of easing inflation. The US Federal Reserve has held interest…
Federal Reserve expected to leave interest rates unchanged amid poor inflation data
The Fed was expected Wednesday to leave interest rates unchanged due to inflation that's still above the Fed's 2% threshold. Fed Chair Jerome Powell has…
Profits at Lloyds fall after bank squeezed to increase rates for savings accounts customers
PROFITS at Lloyds have fallen by more than a quarter after the bank faced more pressure to increase rates for savings accounts customers. Britain’s biggest…
World’s Highest And Lowest Inflation Rates 2021
Inflation rates are rising in every country but not equally so; The Consumer Price Index only tells part of the story. Two years ago, inflation…