hikes

LIMA – Peru’s central bank raised the country’s benchmark interest rate 50 basis points to 4.5% on Thursday, the highest since 2009, as authorities battle stubborn inflation that has sparked …

By Gibran Naiyyar Peshimam and Asif Shahzad ISLAMABAD -Pakistan’s central bank raised its policy rate by 250 basis points to 12.25% in an emergency meeting on Thursday, the bank said …

By Padraic Halpin DUBLIN – The likely huge insurance claims related to the cancellation of aircraft leases in Russia is already leading to “horrendous” hikes in the cost of renewing …

By Fergal Smith TORONTO – REUTERS POLL-CANADIAN DOLLAR TO STRENGTHEN SLIGHTLY TO 1.25/USD IN THREE MONTHS, MATCHING MARCH’S FORECAST REUTERS POLL-CANADIAN DOLLAR SEEN UP 2% AT 1.23/USD IN ONE YEAR …

By Sameer Manekar (Reuters) – Bearish bets on most Asian currencies eased as regional central banks sought to normalise policy due to surging inflation, while investors turned bullish on Singapore …

By Ann Saphir (Reuters) – Chicago Federal Reserve President Charles Evans on Friday repeated his view that the U.S. central bank will likely need to make seven quarter-of-a-percentage-point interest rate …

By Fergal Smith TORONTO – As Canada’s inflation outlook worsens, investors are betting the country’s central bank will begin hiking its key interest rate in half-percentage-point increments, with the first …

By Sinchita Mitra (Reuters) – The maker of Scottish soft drink Irn-Bru will keep prices unchanged for the next six months but won’t rule out future price hikes given Britain’s …

By Anthony Esposito ACAPULCO, Mexico – The Bank of Mexico does not need to strictly track the U.S. Federal Reserve’s expected interest rates hike path and can tighten monetary policy …

LONDON/NEW YORK – Bank of America (BofA) and Citi have joined a small but growing number of top investment banks calling for more aggressive interest rate increases from the U.S. …

By Ann Saphir – Cleveland Federal Reserve Bank President Loretta Mester on Tuesday said she would like to raise interest rates to about 2.5% by year end, with bigger rate …

By Gergely Szakacs and Krisztina Than BUDAPEST – The National Bank of Hungary raised its base rate by 100 basis points to 4.4% on Tuesday, the biggest hike in the …

– Federal Reserve policymakers will consider speeding up the pace of interest rate hikes this year should high inflation not begin to abate, Federal Reserve Chair Jerome Powell said on …

By Jan Lopatka PRAGUE – The Czech central bank is likely to raise interest rates again on March 31 and may discuss more use of foreign exchange interventions, board member …

By Bernadette Christina JAKARTA – Indonesia has significantly raised its maximum palm oil export levy, a new government regulation showed on Friday, part of efforts to control domestic cooking oil …

By Julie Gordon and Fergal Smith OTTAWA – A commodities rally sparked by Russia’s invasion of Ukraine will push Canadian inflation higher for longer, with the headline rate now seen …

– Russia’s Federal Anti-Monopoly Service (FAS) said on Thursday it was conducting “anti-cartel” inspections at major sugar producers following a sharp increase in sugar prices and “unjustified” shortages in some …

LONDON – The British pound reversed its earlier gains and fell on Thursday, as investors interpreted a Bank of England 8-1 vote in favour of raising interest rates by 0.25% …

By Jonnelle Marte – The Federal Reserve raised short-term interest rates on Wednesday by a quarter of a percentage point and signaled that it plans to lift them further in …

Federal Reserve Hikes Interest Rates For First Time In Three Years Harry Wilmerding on March 16, 2022 The Federal Reserve announced Wednesday it would increase interest rates in a series …

TOMS RIVER, NJ – After a recent reassessment of home values in Toms River sent property taxes for many senior citizens soaring as much as 100%, Mayor Mo Hill continued …

By Marc Jones LONDON – The cost of Russia’s invasion of Ukraine will become a lot clearer next week, with a previously unthinkable sovereign default looming, more emergency central bank …

By Satoshi Sugiyama and Maki Shiraki TOKYO -Japanese airline operator ANA Holdings Inc will only raise airfares as a last resort to cover European route changes, its incoming chief executive …

WASHINGTON – Persistent high oil prices prompted by Russia’s invasion of Ukraine could cut a full percentage point off the growth off large oil-importing developing economies like China, Indonesia, South …

By Uditha Jayasinghe and Swati Bhat COLOMBO – Sri Lanka’s central bank sharply raised interest rates on Friday to staunch growing inflationary pressures and urged the government to consider measures …