BERLIN (Reuters) – The rising cost of borrowing and high inflation mean Germany’s federal government faces some 10 billion euros ($10.25 billion) more in interest payments than previously expected in …
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LIMA (Reuters) – Peru’s central bank increased its benchmark interest rate by 25 basis points to 7.25% on Thursday, as expected, the 16th consecutive hike as monetary policymakers in the …
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Baltimore Police Release Photos Of Person Of Interest in Shooting of 13-Year-Old Female
BALTIMORE, MARYLAND – Shortly after 5 pm on Monday, a 13-year-old girl was shot in Southeast Baltimore. Now, The Baltimore Police Department has released photos of a possible person of …
- US and World News
American Axle attracts interest from potential suitors – Bloomberg News
by Reutersby Reuters(Reuters) – Automotive supplier American Axle & Manufacturing Holdings Inc is attracting interest from suitors including London-listed Melrose Industries, Bloomberg News reported on Thursday, citing people familiar with the matter. …
- US and World News
ECB should hike interest rates further to combat inflation, Nagel says
by Reutersby ReutersMADRID (Reuters) – The European Central Bank should hike interest further to bring inflation back under control, policymaker Joachim Nagel said on Thursday. “The ECB should not refrain from further …
- US and World News
U.S. ‘strongly suggested’ there be no controlling interest by China in Hamburg port terminal
by Reutersby ReutersMUNSTER, Germany (Reuters) – The United States “strongly suggested” that there would be no controlling interest by China in the Hamburg port terminal, a senior U.S. State Department official said, …
- US and World News
Most Gulf central banks raise interest rates after Fed’s move
by Reutersby ReutersDUBAI (Reuters) – Most Gulf states said on Wednesday they would increase their key interest rates after the Federal Reserve raised its key policy rate by three-quarters of a percentage …
- US and World News
Bahrain’s central bank follows Fed to raise key interest rates by 75 bps – statement
by Reutersby Reuters(Reuters) – The Central Bank of Bahrain (CBB) said on Wednesday it raised its key policy interest rate on its one-week deposit facility by 75 basis points to 4.75%, following …
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LONDON (Reuters) – The European Central Bank raised interest rates again on Thursday and signalled it was keen to start shrinking its bloated balance sheet, taking another big step in …
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By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank will raise interest rates again on Thursday and likely reel in a key subsidy to commercial banks, …
- US and World News
Brazil central bank holds interest rates, eyes moderating growth
by Reutersby ReutersBy Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank on Wednesday held interest rates at a nearly six-year high for the second policy meeting in a row, noting that economic growth …
- US and World News
Instant View: Bank of Canada surprises with smaller-than-expected interest rate increase
by Reutersby ReutersTORONTO (Reuters) – The Bank of Canada announced a smaller-than-expected 50-basis point rate hike on Wednesday and said future increases would be influenced by its assessment of how tighter policy …
- US and World News
U.S. mortgage interest rates jump to 7.16%, highest since 2001
by Reutersby Reuters(Reuters) – The average interest rate on the most popular U.S. home loan rose to its highest level since 2001 as tightening financial conditions weigh on the housing sector, data …
- US and World News
Portugal’s PM urges ECB to be prudent in raising interest rates
by Reutersby ReutersBy Sergio Goncalves LISBON (Reuters) – Portugal’s Prime Minister Antonio Costa has urged the European Central Bank (ECB) to be prudent in raising interest rates from abnormally low levels, despite …
- US and World News
Russia seen holding benchmark interest rate at 7.5% this week – Reuters poll
by Reutersby ReutersBy Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – The Russian central bank is expected to hold its key interest rate at 7.5% on Friday, ending a months’-long rate-cutting cycle, …
- US and World News
Exclusive-Credit Suisse U.S. asset manager draws interest from Janus, Blue Owl, others -sources
by Reutersby ReutersBy Pamela Barbaglia, David French and Anirban Sen (Reuters) – Money managers such as Janus Henderson Group and investment firms including Blue Owl Capital Inc are weighing potential offers for …
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High Interest Rates Are Strangling The Mortgage Market John Hugh DeMastri on October 19, 2022 As mortgage and interest rates skyrocket, demand for new mortgages hit its lowest level …
- US and World News
‘Person of interest’ in Oklahoma dismemberment case arrested in Florida
by Reutersby ReutersBy Dan Whitcomb (Reuters) – A salvage yard owner who authorities consider a “person of interest” in the murder of four men whose dismembered bodies were found in an Oklahoma …
- US and World News
Fed’s Bullard says boost to dollar from interest rate hikes may ease
by Reutersby ReutersWASHINGTON (Reuters) -The Federal Reserve’s rapid interest rate increases have contributed to the strength of the dollar against other currencies, but that may ease once the U.S. central bank reaches …
- US and World News
Senior KFC executives opt for retirement as interest rates hit pension payouts -WSJ
by Reutersby Reuters(Reuters) – Three senior KFC executives have notified the U.S. fried chicken chain’s parent company Yum Brands Inc that they will take early retirement as rising interest rates threaten to …
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WASHINGTON (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Thursday raising interest rates now was inappropriate in light of the country’s economic and price conditions. “Japan’s economy is …
- US and World News
IMF’s Georgieva says 28 countries have expressed interest in new IMF support
by Reutersby ReutersWASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Thursday said that the Washington-based lender has provided $90 billion on 18 new and augments programs since Russia’s invasion …
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OSLO (Reuters) – Scandinavian airline SAS said on Thursday it will defer interest payments due later this month on its perpetual capital securities as part of the carrier’s restructuring and …
- US and World News
China’s CIFI misses offshore interest payments due to remittance delay
by Reutersby ReutersHONG KONG (Reuters) – Shanghai-based property developer CIFI Holdings said in a Thursday filing it did not meet certain offshore scheduled interest and amortisation payments due to delay in remittance …
- US and World News
Angola will cut interest rates as long as inflation is low, says central bank governor
by Reutersby ReutersBy Jorgelina do Rosario and Rachel Savage WASHINGTON/JOHANNESBURG (Reuters) – Angola will keep cutting interest rates as long as inflation is kept low, central bank governor Jose De Lima Massano …