(Reuters) – Spain’s jobless number remained below three million for the second month running, falling to 12.48% in the April to June period of 2022 compared to 13.65% three months…
HONG KONG – Hong Kong Monetary Authority (HKMA) chief Eddie Yue said on Thursday he expects the city’s overnight and one-month interbank rate to continue to rise, but at a…
(Reuters) – Another “unusually large” increase in interest rates may be appropriate at the Federal Reserve’s September meeting, but the decision will be determined by the incoming economic data between…
(Reuters) – The Central Bank of Kuwait said on Wednesday it increased its discount rate by 25 basis points to 2.5%, after the U.S. Federal Reserve’s three quarters of a…
WASHINGTON – Contracts to buy U.S. previously owned homes fell more than expected in June as rising mortgage rates and higher house prices continued to reduce affordability for entry-level and…
By Nichola Saminather TORONTO – Canadians whose use of home equity lines of credit (HELOC) has climbed recently following a surge in real estate values during the pandemic could be…
SHANGHAI – China’s key money market rate touched a 1-1/2-year low on Tuesday, showing little sign of stress due to ample liquidity ahead of month-end peak demand for cash. The…
‘You’d Be Angry Too’: LA Squanders Millions Of Dollars In Housing Vouchers As Homeless Death Rate Soars John Hugh DeMastri on July 25, 2022 The City of Los Angeles utilized…
By William Schomberg LONDON – The Bank of England must decide next week whether to join the ranks of central banks rushing out their biggest interest rate hikes in decades,…
By Nelson Bocanegra BOGOTA – Colombia’s central bank could hike its benchmark interest rate to 9% at its meeting next week, maintaining rate-increase intensity amid persistent inflation while reaching the…
By Gopal Sharma KATHMANDU -Nepal’s central bank on Friday raised its benchmark policy rate at which it lends to commercial banks to 8.5% from 7%, as part of efforts to…
ALMATY – Kazakhstan’s central bank appears likely to keep its benchmark interest rate at 14% on Monday as inflationary risks remain elevated, according to analysts surveyed in a Reuters poll.…
By William Schomberg LONDON -Britain’s businesses grew at their slowest pace in 17 months in July and inflation pressures eased, according to an industry survey that might reduce pressure on…
By Gayatri Suroyo and Fransiska Nangoy JAKARTA – Indonesia’s central bank left its policy interest rate unchanged at a record low on Thursday but said it would lift yields on…
‘Impossible Situation’: Europe Faces Recession, Debt Crisis As Rate Hike Looms Max Keating on July 20, 2022 The European Central Bank (ECB) will announce its first interest rate hike in…
MOSCOW – Consumer prices in Russia declined 0.17% in the week to July 15 after sliding 0.03% a week earlier, data showed on Wednesday, keeping the door open for the…
By Wayne Cole SYDNEY – Australia’s top central banker on Wednesday indicated a steady drum beat of interest rate rises were needed to stop a damaging inflationary cycle developing, and…
SYDNEY – Australia will launch a review of the Reserve Bank of Australia’s (RBA) inflation target, monetary tools and board structure, Treasurer Jim Chalmers said on Wednesday, amid criticism over…
LONDON -Britain’s unemployment rate held at 3.8% in the three months to May and the number of people in work rose by the most since the middle of 2021, suggesting…
(This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW – The Russian central bank is expected to cut its key interest…
By Lucy Craymer WELLINGTON -New Zealand’s consumer prices rose at their fastest pace in three decades, beating forecasts and raising the prospect of an unprecedented 75 basis point interest rate…
(Reuters) – The U.S. Federal Reserve should target a policy rate in the range of 3.75% to 4% by the end of this year in light of this week’s hotter-than-expected…
By Julie Gordon and Divya Rajagopal OTTAWA – The Bank of Canada’s surprise jumbo interest rate hike this week has jolted highly indebted consumers, who took out large mortgages during…
By Orathai Sriring and Satawasin Sta[censored]charnchai BANGKOK – Thailand’s central bank is highly likely to raise its key policy rate at its August meeting, a senior director said on Thursday,…
SHANGHAI – China’s central bank is widely expected to keep unchanged the borrowing costs on its medium-term policy loans for the sixth consecutive month on Friday, a Reuters survey showed.…