A look at the day ahead in markets from Dhara Ranasinghe. After staring parity against the dollar in the face for days, the euro finally broke the key level — …
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MANILA – The Philippine economy continues to be robust to absorb the 75 basis points increase in the central bank’s benchmark interest rates, given an expansion in economic activity early …
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SANTIAGO – Chile’s central bank raised its benchmark interest rate to 9.75% on Wednesday, from 9.0% previously, and said it expected more rate hikes would be necessary as it looks …
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(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – Consumer prices in Russia declined 0.03% in the week to July …
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TORONTO – Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank …
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OTTAWA – The Bank of Canada hiked its policy rate to 2.5% on Wednesday from 1.5%, a surprise 100-basis-point move and its largest increase since August 1998. Here is a …
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NEW YORK – Futures on the federal funds rate have increased the chances of a full percentage-point hike at the Federal Reserve meeting later this month after a hotter-than-expected U.S. …
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PARIS – France’s Livret A bank savings rate – held by millions of customers across the country – may be raised from 1% to 2% in August, the second rise …
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MAYAGUEZ, Puerto Rico – The Federal Funds rate will need to rise as high as 3.5% by the end of the year but what follows after that is far less …
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LIMA – Peru’s central bank boosted borrowing costs on Thursday with a 12th consecutive hike of its key interest rate to reach 6.0%, as the bank struggles to tamp down …
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By Devayani Sathyan BENGALURU – The Reserve Bank of New Zealand will deliver a third successive half-point interest rate hike on Wednesday and a fourth next month in its most …
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(Reuters) – The U.S Federal Reserve needs to maintain focus on bringing down high inflation even if it runs the risk of causing economic harm, Fed Governor Christopher Waller said …
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LONDON -Bank of England chief economist Huw Pill said on Thursday that he would consider a faster pace of interest rate rises to tackle “uncomfortably high” inflation, but only if …
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By David Milliken LONDON -Central banks should move quickly when raising interest rates, because of the risk that persistent inflationary trends may be taking hold, Bank of England policymaker Catherine …
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Dreaming of Places Far, Far Away: New Coldwell Banker Data Shows High Rate of Out-of-State Searches
by Your NewsFresh Coldwell Banker data from the Move Meter℠ reveals where Americans are dreaming of moving MADISON, N.J., July 6, 2022 — This summer, as Americans enjoy their favorite activities to cool down, …
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By Alan Charlish and Pawel Florkiewicz WARSAW – Hopes that the Polish central bank’s monetary policy tightening cycle may be nearing its end could be shattered by government policies aiming …
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(Reuters) – Australia’s “big four” lenders raised their home loan variable interest rates on Wednesday by 50 basis points (bps) per annum, passing on the central bank’s third consecutive rate …
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By Enrico Dela Cruz and Karen Lema MANILA – Philippine inflation surged to the highest level in nearly four years in June, cementing expectations for more interest rate hikes and …
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TOKYO – Japan’s services sector activity expanded at the fastest pace in over eight years in June as the easing of coronavirus curbs boosted sentiment among businesses such as those …
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HONG KONG -China and Hong Kong will launch a new “Swap Connect” scheme after six months, allowing mutual access to interest rate swaps trading to promote financial derivatives markets, and …
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FRANKFURT – Euro zone inflation hit yet another record high in June as price pressures broadened, and its peak could still be months away, firming the case for rapid European …
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(Reuters) – Russia’s central bank will continue cutting rates to limit the depth of economic contraction this year as inflation will be lower than previously thought, a Reuters poll suggested …
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MOSCOW – Russia’s unemployment rate dropped to a record low in May but industrial output fell and consumer demand, measured by retail sales, waned after a decline in real wages …
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MANILA – Incoming Philippine central bank governor Felipe Medalla said on Wednesday he was not ruling out further interest rate hikes to combat above-target inflation even as he stressed that …
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WASHINGTON – U.S. President Joe Biden on Monday raised the tariff rate on certain Russian imports to 35% as a result of suspending Russia’s “most favored nation” trading status over …