interest

FRANKFURT (Reuters) – The European Central Bank said on Tuesday it would cut the maximum rate it pays on deposits held by governments to give them an incentive to redeploy …

RIO DE JANEIRO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Monday there was “no explanation” for the country’s high interest rates, with the benchmark rate at …

Fed Hikes Interest Rates To Highest Levels In 15 Years John Hugh DeMastri on February 1, 2023 The Federal Reserve raised its target federal-funds interest rate by a quarter percentage …

NEW YORK, NY – Police in the Bronx responded after a dead body was found in the basement of a building at 130 West 169th Street in High Bridge on …

NEW YORK (Reuters) – Twitter Inc has made its first interest payment on a loan that banks provided to help finance billionaire Elon Musk’s purchase of the social media company …

By Huw Jones LONDON (Reuters) – European Union banking regulators on Tuesday launched a stress test to check how banks could cope with a long period of high inflation and …

What Another Fed Interest Rate Hike Means For You John Hugh DeMastri on January 30, 2023 The Federal Reserve is likely to further slow its historically aggressive pace of interest …

By Padraic Halpin DUBLIN (Reuters) -European Central Bank policymakers Joachim Nagel and Gabriel Makhlouf said on Wednesday they would not be surprised if interest rate increases continue into the second …

BANGKOK (Reuters) – The following is a statement from the Bank of Thailand after it unanimously raised its key interest rate by 25 basis points to 1.50% on Wednesday, as …

PRAGUE (Reuters) – Czech interest rates should rise further “in the short term” to tame inflation and avoid more painful hikes later, the International Monetary Fund has said in the …

(Reuters) -Kushner Companies on Thursday denied informing Veris Residential Inc it was not interested in pursuing an acquisition of the multifamily rental property developer. Real estate investment trust (REIT) Veris …

By Lindsay Dunsmuir (Reuters) – The Federal Reserve will probably need to raise interest rates to “just above” 5% and then hold them there for a period, Boston Fed President …

(Reuters) – JPMorgan Chase & Co Chief Executive Officer Jamie Dimon expects interest rates to go beyond 5% as inflation remains high, he said in an interview with CNBC on …

(Reuters) – The average interest rate on the most popular U.S. home loan dropped to its lowest level since September as more evidence inflation is past its peak sent Treasury …

WELLINGTON (Reuters) – New Zealand house prices fell in December on the prior month as interest rates rose and more difficulty accessing bank finance contributed to continued hesitancy in the …

(Reuters) – Citigroup Inc Chief Executive Officer Jane Fraser said the U.S. Federal Reserve could slow rate hikes in late spring or early summer, in an interview with CNBC. After …

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Philadelphia leader Patrick Harker said Thursday that while the central bank needs to raise rates more to cool …

LISBON (Reuters) – European Central Bank’s governing council member Mario Centeno said on Tuesday the current process of interest rate increases is approaching its end. The central banker, who was …

PARIS (Reuters) – The European Central Bank interest rates should reach a peak by this summer and hikes should not be “too mechanical”, French ECB policymaker Francois Villeroy de Galhau …

(Reuters) – The Federal Reserve should continue hiking interest rates at its next few meetings at a minimum until it is sure that inflation has peaked, Minneapolis Fed President Neel …

By Jason Hovet PRAGUE (Reuters) – The Czech National Bank (CNB) is likely to hold interest rates steady at its final policy meeting of 2022 on Dec. 21 and will …

By Nikunj Ohri and Shivangi Acharya (Reuters) – India’s rupee trade settlement mechanism, a means of using rupees instead of dollars and other big currencies for international transactions, is attracting …

COPENHAGEN (Reuters) -Denmark’s central bank raised its key interest rate by 50 basis points to 1.75% on Thursday, following a rate hike earlier in the day by the European Central …

ATHENS (Reuters) – Greek banks will subsidise part of the recent interest rate increases for vulnerable mortgage borrowers, officials said on Wednesday. About 30,000 vulnerable households that are servicing their …