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rate

Canadian dollar to strengthen as BoC moves ‘aggressively’ on rate hikes – Reuters poll

June 2, 2022
Canadian dollar to strengthen as boc moves 'aggressively' on rate hikes - reuters poll - photo licensed by shore news network.

By Fergal Smith TORONTO – The Canadian dollar will gain ground over the coming year as high commodity prices bolster Canada’s economic outlook and the …

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Hungary central bank raises 1-week depo rate to 6.75% as inflation battle hots up

June 2, 2022
Hungary central bank raises 1-week depo rate to 6. 75% as inflation battle hots up - photo licensed by shore news network.

BUDAPEST -Hungary’s central bank raised its one-week deposit rate by 30 basis points (bps) to 6.75% as expected on Thursday, as the bank continues to …

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Deutsche Bank sees a 50 bps ECB rate hike by September

June 1, 2022
Deutsche bank sees a 50 bps ecb rate hike by september - photo licensed by shore news network.

MILAN – Deutsche Bank economists have ramped up expectations over European Central Bank policy tightening and now expect one of the two interest rate hikes …

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Brazil’s jobless rate drops to 10.5% in quarter through April

May 31, 2022
Brazil's jobless rate drops to 10. 5% in quarter through april - photo licensed by shore news network.

SAO PAULO – Brazil’s jobless rate fell to 10.5% in the three months through April, making it the lowest since early 2016, statistics agency IBGE …

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Japan’s jobless rate falls to 2.5% in April – government

May 30, 2022
Japan's jobless rate falls to 2. 5% in april - government - photo licensed by shore news network.

TOKYO – Japan’s jobless rate fell to 2.5% in April, while the availability of jobs increased, government data showed on Tuesday. The seasonally adjusted unemployment …

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RBNZ chief economist says rate outlook could change with economic indicators

May 29, 2022
Rbnz chief economist says rate outlook could change with economic indicators - photo licensed by shore news network.

By Lucy Craymer WELLINGTON – The Reserve Bank of New Zealand’s chief economist said its outlook for strongly rising interest rates this year could change, …

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School and Owner Pay Over $1 Million to Resolve Allegations of Attempts to Improperly Influence the School’s Student Loan Default Rate

May 27, 2022
School and owner pay over $1 million to resolve allegations of attempts to improperly influence the school's student loan default rate - photo licensed by shore news network.

Vanessa Roberts Avery, United States Attorney for the District of Connecticut, today announced that CAREER TRAINING SPECIALISTS, LLC, doing business as STONE ACADEMY, and its …

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CORONA-BABIES: US Birth rate Increases For The First Time In Seven Years

May 25, 2022
Corona-babies: us birth rate increases for the first time in seven years - photo licensed by shore news network.

CORONA-BABIES: US Birth rate Increases For The First Time In Seven Years Bryan Babb on May 24, 2022 The U.S. birthrate in 2021 increased for …

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Fed funds rate above 1.75% ‘too restrictive’ as financial conditions deteriorate – Guggenheim’s Minerd

May 24, 2022
Fed funds rate above 1. 75% 'too restrictive' as financial conditions deteriorate - guggenheim's minerd - photo licensed by shore news network.

By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland – The U.S. Federal Reserve may be forced to rethink its hawkish stance as it hikes …

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Japan’s May factory activity grows at slowest rate in 3 months – flash PMI

May 23, 2022
Japan's may factory activity grows at slowest rate in 3 months - flash pmi - photo licensed by shore news network.

TOKYO – Japan’s manufacturing activity expanded at the slowest pace in three months in May, as supply bottlenecks due to parts shortages and China’s COVID-19 …

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Fed’s George sees policy interest rate near 2% by August

May 23, 2022
Fed's george sees policy interest rate near 2% by august - photo licensed by shore news network.

(Reuters) – Kansas City Federal Reserve Bank President Esther George on Monday said she expects the U.S. central bank to lift its target interest rate …

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Bostic: Economy may respond quickly to Fed rate increases

May 23, 2022
Bostic: economy may respond quickly to fed rate increases - photo licensed by shore news network.

ATLANTA, Ga – The quick response in financial markets to tighter monetary policy offers hope that other parts of the economy may adjust more quickly …

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Chile central bank mulled 150 point rate increase at May meeting, minutes show

May 20, 2022
Chile central bank mulled 150 point rate increase at may meeting, minutes show - photo licensed by shore news network.

SANTIAGO – Chile’s central bank considered raising the benchmark interest rate by up to 150 basis points at its last meeting due to persistent inflationary …

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New Zealand central bank to hike cash rate by another half point on May 25: Reuters poll

May 19, 2022
New zealand central bank to hike cash rate by another half point on may 25: reuters poll - photo licensed by shore news network.

By Vivek Mishra BENGALURU – New Zealand’s central bank will hike its policy interest rate by half a percentage point to counter soaring inflation when …

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South African central bank governor’s comments on rate decision

May 19, 2022
South african central bank governor's comments on rate decision - photo licensed by shore news network.

JOHANNESBURG – Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago on Thursday as he announced the central bank’s decision to raise …

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Czech central bank’s Nidetzky: June rate hike coming -Seznam Zpravy

May 18, 2022

PRAGUE – The Czech central bank is likely to deliver another interest rate hike in June as long as nothing economically significant happens before then, …

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Treasury’s Yellen says U.S. committed to market-determined exchange rate

May 18, 2022
Treasury's yellen says u. S. Committed to market-determined exchange rate - photo licensed by shore news network.

BONN, Germany – U.S. Treasury Secretary Janet Yellen said on Wednesday the United States was committed to a market-determined exchange rate, after being asked by …

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Real Estate Investors Flee From High-Tax States to Seek Floridian Rate Advantages – Income Realty Advisors Releases Free Guide Outlining Profitable Tax Advantages

May 18, 2022
Real estate investors flee from high-tax states to seek floridian rate advantages - income realty advisors releases free guide outlining profitable tax advantages - photo licensed by shore news network.

NAPLES, Fla., May 18, 2022 — Income Realty Advisors (IRA) recently offered a new, comprehensive report detailing the tax advantages of purchasing Single Tenant, Net-Lease Properties …

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Zambia’s central bank holds key interest rate at 9.0%

May 18, 2022

LUSAKA – Zambia’s central bank on Wednesday left its main lending rate unchanged at 9% as inflation slowed, Governor Denny Kalyalya told a news conference. …

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Euro zone Q1 GDP growth rate revised upward to end-2021 pace

May 17, 2022
Euro zone q1 gdp growth rate revised upward to end-2021 pace - photo licensed by shore news network.

BRUSSELS – Euro zone economic growth was stronger than previously expected in the first quarter, revised data showed on Tuesday, and employment rose too, showing …

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ECB to hike deposit rate 25 bps in July, ditch negative rates by end-September: Reuters poll

May 16, 2022
Ecb to hike deposit rate 25 bps in july, ditch negative rates by end-september: reuters poll - photo licensed by shore news network.

By Swathi Nair BENGALURU – The European Central Bank is expected to raise the deposit rate for the first time in over a decade in …

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Analysis: Traders ready for wilder swings as rate rises stoke volatility

May 13, 2022
Analysis: traders ready for wilder swings as rate rises stoke volatility - photo licensed by shore news network.

By Dhara Ranasinghe, Saikat Chatterjee and Davide Barbuscia LONDON/NEW YORK – Traders in the world’s largest markets are having to navigate wild intra-day swings and …

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Fed’s Daly backs half-percentage-point rate hikes at next meetings

May 12, 2022
Fed's daly backs half-percentage-point rate hikes at next meetings - photo licensed by shore news network.

(Reuters) – San Francisco Federal Reserve President Mary Daly on Thursday said she backs the plan to hike interest rates laid out by Fed Chair …

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European stocks fall as rate hike worries seep back in

May 12, 2022
European stocks fall as rate hike worries seep back in - photo licensed by shore news network.

By Sruthi Shankar (Reuters) -European stocks slumped on Thursday, with most cyclical parts of the market coming back down, a day after U.S. inflation data …

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Bullard: April inflation ‘hot’ but does not see 75 bp Fed rate increase ‘for now’

May 11, 2022
Bullard: april inflation 'hot' but does not see 75 bp fed rate increase 'for now' - photo licensed by shore news network.

(Reuters) – U.S. April inflation at 8.3% remained “hot” but does not yet require the Federal Reserve to switch to three-quarter point rate increases, St. …

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Belarus PM sees interest rates falling after rate cuts in Russia

May 11, 2022
Belarus pm sees interest rates falling after rate cuts in russia - photo licensed by shore news network.

(Reuters) – Belarusian Prime Minister Roman Golovchenko said on Wednesday he expected interest rates in his country to fall following rate cuts by the Russian …

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Portugal’s first-quarter jobless rate drops to 5.9%

May 11, 2022
Portugal's first-quarter jobless rate drops to 5. 9% - photo licensed by shore news network.

(Reuters) – Portugal’s unemployment rate in the first quarter fell to 5.9%, from 7.1% a year earlier, and from 6.3% in the preceding three months, …

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S.Korea April unemployment rate stays at historical low for 3rd month

May 10, 2022
S. Korea april unemployment rate stays at historical low for 3rd month - photo licensed by shore news network.

SEOUL – South Korea’s unemployment rate remained at a historical low for a third month in April, while the number of people employed increased for …

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Fed’s Mester: Will need “compelling” drop of inflation to slow rate hikes

May 10, 2022
Fed's mester: will need "compelling" drop of inflation to slow rate hikes - photo licensed by shore news network.

By Howard Schneider AMELIA ISLAND, Fla. – Inflation will need to show a “compelling” slowdown before the Federal Reserve can consider pausing its interest rate …

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Fed’s Williams: 50 bps interest rate hikes at next two meetings “makes sense”

May 10, 2022
Fed's williams: 50 bps interest rate hikes at next two meetings "makes sense" - photo licensed by shore news network.

ELTVILLE AM RHEIN, Germany – The Federal Reserve’s signal that it will likely raise interest rates by 50 bps at each of its next two …

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Fed’s Barkin says central bank can tweak path once its gets to neutral rate

May 10, 2022
Fed's barkin says central bank can tweak path once its gets to neutral rate - photo licensed by shore news network.

(Reuters) – The U.S. Federal Reserve can assess how much more it needs to do to bring inflation back down to its 2% goal when …

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Chile interest rate seen rising to 9% in June- analyst poll

May 10, 2022
Chile interest rate seen rising to 9% in june- analyst poll - photo licensed by shore news network.

SANTIAGO – Chile is expected to hike its benchmark interest rate to 9% in June, a central bank poll of analysts suggested on Tuesday, as …

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Fed’s Williams: ‘soft landing’ would still see unemployment rate rise

May 10, 2022
Fed's williams: 'soft landing' would still see unemployment rate rise - photo licensed by shore news network.

ELTVILLE AM RHEIN, Germany – The Federal Reserve’s efforts to tame inflation will at best still see declining economic growth and a small rise in …

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Bank of Canada turns to interest rate guidance as it battles inflation

May 10, 2022
Bank of canada turns to interest rate guidance as it battles inflation - photo licensed by shore news network.

By Julie Gordon OTTAWA – Faced with runaway inflation, Canada’s central bank has taken the rare step of providing guidance on the path of interest …

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BoE’s Saunders says neutral rate might be in 1.25-2.5% range

May 9, 2022
Boe's saunders says neutral rate might be in 1. 25-2. 5% range - photo licensed by shore news network.

LONDON – Bank of England policymaker Michael Saunders said the neutral rate of interest – the level at which it neither stimulates nor restrains demand …

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Russian weekly inflation eases after rate cut

May 6, 2022
Russian weekly inflation eases after rate cut - photo licensed by shore news network.

(Reuters) -Russia’s weekly inflation rate eased in late April, data from statistics service Rosstat showed on Friday, confirming an easing of crippling price pressures days …

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Australia’s central bank drastically raises inflation forecasts, flags more rate hikes

May 5, 2022
Australia's central bank drastically raises inflation forecasts, flags more rate hikes - photo licensed by shore news network.

SYDNEY – Australia’s central bank on Friday drastically revised up forecasts for inflation, foreshadowing how far interest rates might have to rise to bring the …

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U.S. rate futures price in 75% chance of 75 bps Fed hike in June

May 5, 2022
U. S. Rate futures price in 75% chance of 75 bps fed hike in june - photo licensed by shore news network.

By Gertrude Chavez-Dreyfuss NEW YORK – Futures on the federal funds rate priced in on Thursday a roughly 75% chance of a three quarters of …

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Economists expect higher rate hikes after RBI’s hike to tame inflation

May 5, 2022
Economists expect higher rate hikes after rbi's hike to tame inflation - photo licensed by shore news network.

By Manoj Kumar and Aftab Ahmed NEW DELHI – India’s central bank is expected to frontload more aggressive interest rate hikes in its effort to …

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Irish unemployment rate falls to 4.8% in April

May 5, 2022
Irish unemployment rate falls to 4. 8% in april - photo licensed by shore news network.

DUBLIN – Ireland’s unemployment rate fell to its lowest rate since the start of the COVID-19 pandemic, dropping to 4.8% in April from a downwardly …

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Fed’s Powell: 75 basis point rate hike not being ‘actively considered’

May 4, 2022
Fed's powell: 75 basis point rate hike not being 'actively considered' - photo licensed by shore news network.

(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said central bank officials are not “actively” considering a rate hike of three-quarters of a percentage …

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U.S. rate futures price in 70% chance of 50 bps hike in June Fed meeting

May 4, 2022
U. S. Rate futures price in 70% chance of 50 bps hike in june fed meeting - photo licensed by shore news network.

(Reuters) – Futures on the federal funds rate have priced in a roughly 70% chance of another half a percentage-point tightening at next month’s meeting …

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Investor pessimism mounts as more Fed rate hikes loom

May 4, 2022
Investor pessimism mounts as more fed rate hikes loom - photo licensed by shore news network.

By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK – Stock market investors are heading into the U.S. Federal Reserve’s rate-setting announcement particularly pessimistic, with …

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Fed expected to step up inflation fight with big rate hike

May 4, 2022
Fed expected to step up inflation fight with big rate hike - photo licensed by shore news network.

By Ann Saphir WASHINGTON – The Federal Reserve on Wednesday is expected to raise interest rates by half of a percentage point and announce the …

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UK shop prices rise at fastest rate since 2011 – BRC

May 3, 2022
Uk shop prices rise at fastest rate since 2011 - brc - photo licensed by shore news network.

LONDON – Shop prices in Britain surged last month at the fastest rate in more than a decade and worse is to come, according to …

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Staffing Shortage Prompts $29 Per Hour Rate for Toms River School Bus Drivers

May 3, 2022
Staffing shortage prompts $29 per hour rate for toms river school bus drivers - photo licensed by shore news network.

TOMS RIVER, NJ – The Toms River Regional School District is offering $29 per hour to school bus drivers as it attempts to properly staff …

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Australian consumers spooked by rate risk, inflation -survey

May 2, 2022
Australian consumers spooked by rate risk, inflation -survey - photo licensed by shore news network.

SYDNEY – Australian consumer sentiment took a nose dive last week as a shockingly high reading in inflation fuelled concerns about the cost of living …

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Czech central bank seen raising main rate to 5.50%, highest since 1999: Reuters poll

May 2, 2022
Czech central bank seen raising main rate to 5. 50%, highest since 1999: reuters poll - photo licensed by shore news network.

PRAGUE – The Czech National Bank is likely to raise its main rate by 50 basis points to 5.50% on May 5, a Reuters poll …

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Japan’s April factory activity expands at slower rate -PMI

May 1, 2022
Japan's april factory activity expands at slower rate -pmi - photo licensed by shore news network.

TOKYO – Japan’s manufacturing activity grew at a slower pace from the previous month in April as supply chain disruptions and strict Chinese coronavirus lockdown …

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Australian banks’ margin woes linger but rate hikes may lift view

May 1, 2022
Australian banks' margin woes linger but rate hikes may lift view - photo licensed by shore news network.

By Shashwat Awasthi (Reuters) – Australia’s “Big Four” banks are set to report a further squeeze on interest margins in their upcoming results dented by …

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