Canadian dollar to strengthen as BoC moves ‘aggressively’ on rate hikes – Reuters poll
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 …
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 …
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 …
MILAN – Deutsche Bank economists have ramped up expectations over European Central Bank policy tightening and now expect one of the two interest rate hikes …
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 …
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 …
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, …
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 …
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 …
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 …
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 …
(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 …
ATLANTA, Ga – The quick response in financial markets to tighter monetary policy offers hope that other parts of the economy may adjust more quickly …
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 …
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 …
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 …
PRAGUE – The Czech central bank is likely to deliver another interest rate hike in June as long as nothing economically significant happens before then, …
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 …
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 …
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. …
BRUSSELS – Euro zone economic growth was stronger than previously expected in the first quarter, revised data showed on Tuesday, and employment rose too, showing …
By Swathi Nair BENGALURU – The European Central Bank is expected to raise the deposit rate for the first time in over a decade in …
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 …
(Reuters) – San Francisco Federal Reserve President Mary Daly on Thursday said she backs the plan to hike interest rates laid out by Fed Chair …
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 …
(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. …
(Reuters) – Belarusian Prime Minister Roman Golovchenko said on Wednesday he expected interest rates in his country to fall following rate cuts by the Russian …
(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, …
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 …
By Howard Schneider AMELIA ISLAND, Fla. – Inflation will need to show a “compelling” slowdown before the Federal Reserve can consider pausing its interest rate …
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 …
(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 …
SANTIAGO – Chile is expected to hike its benchmark interest rate to 9% in June, a central bank poll of analysts suggested on Tuesday, as …
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 …
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 …
LONDON – Bank of England policymaker Michael Saunders said the neutral rate of interest – the level at which it neither stimulates nor restrains demand …
(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 …
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 …
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 …
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 …
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 …
(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 …
(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 …
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 …
By Ann Saphir WASHINGTON – The Federal Reserve on Wednesday is expected to raise interest rates by half of a percentage point and announce the …
LONDON – Shop prices in Britain surged last month at the fastest rate in more than a decade and worse is to come, according to …
TOMS RIVER, NJ – The Toms River Regional School District is offering $29 per hour to school bus drivers as it attempts to properly staff …
SYDNEY – Australian consumer sentiment took a nose dive last week as a shockingly high reading in inflation fuelled concerns about the cost of living …
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 …
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 …
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 …