U.S. rate futures raise odds for hefty rate hike in May after Powell comments
NEW YORK – Federal funds rate futures on Monday raised the chances of a half percentage-point tightening by the Federal Reserve at the next policy …
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ECB should keep 2022 rate hike on agenda, if inflation warrants it -Nagel
FRANKFURT – The European Central Bank should continue to normalize policy and raise interest rates, possibly as soon as this year, if the inflation outlook …
Lyft ties up with Payfare to hike fuel cashback in bid to retain drivers
– Lyft Inc’s Lyft Direct cardholders will receive an increase in cashback rewards of 4% to 5% on purchase of gasoline until June 30, the …
Investors rein in rate hike bets after BoE softens message
By David Milliken LONDON -Investors scaled back their expectations for future Bank of England interest rate rises this year, sending British bond prices sharply higher, …
Rate hike, intervention can’t reverse weak yen, says former Japan currency diplomat
By Leika Kihara and Yoshifumi Takemoto TOKYO – Tightening monetary policy or intervening in the currency market will do little to reverse unwelcome yen declines …
Gold steady as dollar dip counters Fed rate hike expectations
By Bharat Gautam – Gold steadied on Wednesday, with a weaker dollar offsetting pressure from higher U.S. Treasury yields as investors await the first pandemic-era …
U.S. Treasury yields push to new highs as Fed looks set to hike rates
LONDON – U.S five and 10-year Treasury yields rose to their highest levels in almost three years on Tuesday, ahead of a widely-anticipated rate hike …
Gold slides on Russia-Ukraine talks, U.S. rate hike bets
By Bharat Gautam – Gold extended its slide on Tuesday as ceasefire talks between Russia and Ukraine reduced demand for safe-haven assets, while bets that …
Gold slides on Russia-Ukraine talks, U.S. rate hike bets
By Bharat Gautam – Gold extended its slide on Tuesday as ceasefire talks between Russia and Ukraine reduced demand for safe-haven assets, while bets that …
Joe Biden, White House Begin to Blame All Failures on “Putin Price Hike”
TRENTON, NJ – With gas prices soaring at the pump across New Jersey, you might be wondering why? The same goes with food, energy costs …
High risk of half-percentage-point Fed rate hike in 2022, economists say
By Prerana Bhat and Indradip Ghosh BENGALURU – There is a high risk the Federal Reserve will raise interest rates by half a percentage point …
ECB policymakers saw rate hike drawing closer in February
FRANKFURT – European Central Bank policymakers meeting last month agreed that the first interest rate hike in more than a decade was drawing closer as …
Bank of Canada seen set to hike for first time since 2018
By Julie Gordon OTTAWA – The Bank of Canada is poised to hike its key overnight interest rate for the first time in three years …
Toms River Mayor Hill Mo Hill Now Says Seniors Can Talk to Town About 50% Property Tax Hike
TOMS RIVER, NJ – Since finding out their property taxes were rising as much as 50%, residents of Toms River’s Holiday City Silverton had no …
Russia’s VTB to hike mortgage rates by four percentage points to 15.3%
MOSCOW – Russia’s No. 2 lender VTB will hike mortgage rates by four percentgae points to 15.3% from Feb. 28, it said on Sunday, with …
RBA interest rate hike now likely in Q3, to end year at 0.50%: Reuters poll
By Vivek Mishra BENGALURU – Australia’s central bank will raise interest rates for the first time in over a decade in the third quarter, slightly …
Bank of Canada March interest rate hike a done deal, say economists: Reuters poll
By Shrutee Sarkar BENGALURU – The Bank of Canada will raise interest rates by 25 basis points on March 2, earlier than previously thought and …
BoE’s Bailey speaks to lawmakers about rate hike decision
LONDON – Bank of England Governor Andrew Bailey and other top officials from the British central bank spoke to lawmakers on Wednesday about their decision …
Marketmind: Another rate hike from New Zealand
A look at the day ahead in markets from Dhara Ranasinghe. The Ukraine crisis may be tempering the most aggressive rate hike bets but New …
Fed’s Bowman: too soon to tell if half percentage point rate hike needed in March
– It is too early to know if the Federal Reserve will need to start its tightening cycle at its next policy meeting in March …
Morgan Stanley expects Fed to hike rates 6 times in 2022
– Morgan Stanley expects the U.S. Federal Reserve to raise interest rates six times this year for a total of 150 basis points, a faster …
Emerging markets better equipped to deal with Fed rate hike cycle – S&P
LONDON – Financing conditions have tightened for emerging markets both domestically and externally but they are better prepared to handle the U.S. Federal Reserve’s upcoming …
Burger King pulls Whopper off discount menu; parent RBI to hike prices
By Deborah Mary Sophia and Hilary Russ -Burger King parent Restaurant Brands International Inc said on Tuesday that it stripped its most famous sandwich, the …
McGuckin, Hill said Toms River can’t help seniors after 50% property tax hike
TOMS RIVER, NJ – Toms River Mayor Maurice “Mo” Hill and Township Attorney Gregory P. McGuckin both said it’s against the law for the township …
Goldman ups Fed hike forecast to 7 rate increases in 2022 after CPI data
HONG KONG -Goldman Sachs said it expects seven 25 basis point interest rate rises from the U.S. Federal Reserve this year, up from its previous …
Marketmind: Ready for a big bang U.S. rate hike?
A look at the day ahead in markets from Dhara Ranasinghe. An aggressive 50 basis point U.S. interest rate hike to contain inflation now appears …
Analysis-Hot inflation fuels case for ‘big-bang’ Fed rate hike in March
By Ann Saphir and Lindsay Dunsmuir – Pressure increased on the Federal Reserve on Thursday to take a stronger stand against inflation after an unexpectedly …
Fed’s Barkin: ‘I’d have to be convinced’ of need for half-point rate hike
By Ann Saphir -Richmond Federal Reserve Bank President Tom Barkin on Thursday said he would be “conceptually” open to raising interest rates by a bigger-than-usual …
Fed’s loudest hawk ramps up odds for monster rate hike after hot inflation data
By Gertrude Chavez-Dreyfuss NEW YORK -Federal funds rate futures on Thursday have boosted the chances of a half percentage-point tightening by the Federal Reserve at …
Fed’s Mester says case for half-percentage-point rate hike in March not compelling
By Jonnelle Marte -The Federal Reserve will have to move faster than it has in the past to remove accommodation and tame inflation that is …
Fed’s Mester says she doesn’t see compelling case to start with 50 bps rate hike
NEW YORK – It is time for the Federal Reserve to start removing accommodation and raising interest rates, but it is not necessary for the …
Mayor Mo Hill meets with Greenbriar senior community residents after crippling property tax hike sweeps Toms River, hitting town’s elderly fix-income population
TOMS RIVER, NJ – Toms River Mayor Maurice “Mo” Hill is doing a damage control tour after a recent property tax reassessment drove taxes up …
Exclusive-ECB’s Kazaks says July rate hike is unlikely
By Francesco Canepa FRANKFURT – The European Central Bank could end its stimulus programme earlier than planned but it is unlikely to raise its main …
Student budgets may be tested by Cup Noodle price hike in Japan
(Refiling to remove a redundant full stop in paragraph 11) By Kantaro Komiya TOKYO – Student budgets in Japan may come under pressure after Cup …
Fed’s Bullard does not think a half-point rate hike ‘really helps us’ -Reuters interview
– St. Louis Federal Reserve President James Bullard on Tuesday said he favors lifting rates at the U.S. central bank’s meeting in March and likely …
Australia’s central bank ends bond buying, in no rush to hike rates
By Wayne Cole SYDNEY – Australia’s central bank kept its cash rate at a record low of 0.1% on Tuesday and ended its A$275 billion …
It is what it is, Toms River Council President says after seniors hit with 40% tax hike
TOMS RIVER, NJ – Toms River Mayor Maurice Hill set the stage to raise salaries for employees in his inner circle and confidential appointments. At …
Federal Reserve Sticks To Rate Hike Schedule, Signals End To Asset Purchase Stimulus
The Federal Reserve will keep interest rates near zero, and it will begin its rate hike in mid-March, Federal Reserve Chairman Jerome Powell said Wednesday …
8,000 Arrested, 164 Killed In Kazakhstan Protest Over Gas Price Hike
Thousands of people were arrested and over 150 were killed during the violent protests in Kazakhstan in early January in response to a sudden spike …
New Jersey’s latest toll hike comes amid record inflation, high unemployment, pandemic, legislators say
Senator Christopher Connors, Assemblyman Brian Rumpf and Assemblywoman DiAnne Gove are calling on Trenton to end automatic toll increases that commuters and businesses can no …