SHANGHAI – Chinese high-yield property issuers have by one measure defaulted on nearly a quarter of their outstanding bonds this year, Goldman Sachs analysts estimated, …
– Germany’s Deutsche Bank AG said on Thursday its U.S. affiliate had increased its prime lending rate by 25 basis points, mirroring moves by major …
By David Milliken LONDON -Investors scaled back their expectations for future Bank of England interest rate rises this year, sending British bond prices sharply higher, …
By Julie Gordon and Fergal Smith OTTAWA – A commodities rally sparked by Russia’s invasion of Ukraine will push Canadian inflation higher for longer, with …
BUFFALO, N.Y., March 16, 2022 — Effective Thursday, March 17, 2022, M&T Bank (NYSE: MTB) will increase its prime lending rate from 3.25% to 3.50% About …
By Leika Kihara and Yoshifumi Takemoto TOKYO – Tightening monetary policy or intervening in the currency market will do little to reverse unwelcome yen declines …
By Jamie McGeever ORLANDO, Fla. – U.S. interest rates are on a far steeper and faster climb than previously anticipated following the Federal Reserve’s liftoff …
By Jonnelle Marte – The Federal Reserve raised short-term interest rates on Wednesday by a quarter of a percentage point and signaled that it plans …
By Julie Gordon and Ismail Shakil -Canada’s annual inflation rate accelerated in February to hit a fresh 30-year high, with broad price gains hitting consumers …
By Bharat Gautam – Gold steadied on Wednesday, with a weaker dollar offsetting pressure from higher U.S. Treasury yields as investors await the first pandemic-era …
By Bharat Gautam – Gold extended its slide on Tuesday as ceasefire talks between Russia and Ukraine reduced demand for safe-haven assets, while bets that …
By Bharat Gautam – Gold extended its slide on Tuesday as ceasefire talks between Russia and Ukraine reduced demand for safe-haven assets, while bets that …
By Howard Schneider WASHINGTON – New economic projections from the Federal Reserve this week will show how far and how fast policymakers see interest rates …
– The Russian central bank is expected to hold its key interest rate unchanged at 20% on Friday after a sharp emergency rate hike in …
– Russian central bank governor Elvira Nabiullina will not take questions from journalists after explaining this month’s monetary policy decision in an online presentation on …
By David Milliken LONDON – The Bank of England looks set to lift interest rates to 0.75% on Thursday, its third rate rise in a …
By Prerana Bhat and Indradip Ghosh BENGALURU – There is a high risk the Federal Reserve will raise interest rates by half a percentage point …
ANNAPOLIS, MD – In a promising announcement that the COVID-19 pandemic may soon be behind us, Maryland Governor Larry Hogan today announced hospitalizations in the …
FRANKFURT – European Central Bank policymakers meeting last month agreed that the first interest rate hike in more than a decade was drawing closer as …
WASHINGTON – U.S. worker productivity rebounded strongly in the fourth quarter, curbing growth in unit labor costs, the government confirmed on Thursday. Nonfarm productivity, which …
By Chibuike Oguh – Apollo Global Management Inc Chief Executive Marc Rowan said on Tuesday that Russia’s invasion of Ukraine could temper interest rate rises …
By William Schomberg and David Milliken LONDON -Bank of England policymaker Michael Saunders said Russia’s invasion of Ukraine is likely to push Britain’s soaring inflation …
FRANKFURT – Growth in bank loans to euro zone households accelerated again last month, growing at the fastest pace since late 2008, European Central Bank …
By Vivek Mishra BENGALURU – Australia’s central bank will raise interest rates for the first time in over a decade in the third quarter, slightly …
WASHINGTON – The Russian invasion of Ukraine probably won’t change the “underyling logic” behind the Federal Reserve’s plans to raise interest rates, but the impact …
BUDAPEST – Hungary’s central bank raised its one-week deposit rate by 30 basis points to 4.6% at a weekly tender on Thursday, as expected, two …
ALMATY – Kazakhstan’s central bank hiked its policy rate to 13.5% from 10.25% on Thursday as the central Asian nation’s tenge currency sank alongside the …
By Shrutee Sarkar BENGALURU – The Bank of Canada will raise interest rates by 25 basis points on March 2, earlier than previously thought and …
LONDON – Bank of England Governor Andrew Bailey and other top officials from the British central bank spoke to lawmakers on Wednesday about their decision …
– Poland’s registered unemployment rate rose to 5.5% in January compared with 5.4% in December, statistics office data showed on Wednesday, below analysts’ expectations of …
A look at the day ahead in markets from Dhara Ranasinghe. The Ukraine crisis may be tempering the most aggressive rate hike bets but New …
By Devayani Sathyan and Tushar Goenka BENGALURU – The Bank of Korea will leave rates on hold on Thursday after back-to-back hikes at the previous …
– It is too early to know if the Federal Reserve will need to start its tightening cycle at its next policy meeting in March …
BERLIN – Improving demand for services pushed business activity across Germany’s private sector to a six-month high in February, and while manufacturing lagged due to …
– Major investment banks have penciled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the …
– Major investment banks have pencilled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the …
FRANKFURT – The European Central Bank does not have to stick to a fixed size or frequency of interest rates hikes as these will depend …
LONDON – Financing conditions have tightened for emerging markets both domestically and externally but they are better prepared to handle the U.S. Federal Reserve’s upcoming …
By Nelson Bocanegra BOGOTA – Inflation estimates for Colombia this year rose and predictions of interest rate rises quickened among analysts polled in a central …
By Julie Gordon and Ismail Shakil OTTAWA -Canada’s annual inflation rate accelerated again in January to hit a fresh 30-year high at 5.1%, as food …
(Corrects day of the week in first paragraph) TOKYO – Japanese consumers’ one-year forward expected inflation rate rose to 2.43% in February, a Consumer Affairs …
By Shrutee Sarkar BENGALURU – The European Central Bank will raise its deposit rate in the second half of this year, and not wait until …
By Gertrude Chavez-Dreyfuss NEW YORK – U.S. short-term interest rate futures on Monday reflected a reduced chance of an interest rate increase by the Federal …
– Being too “abrupt and aggressive” with interest rate increases could be counter-productive to the Federal Reserve’s goals, San Francisco Federal Reserve Bank President Mary …
From the Desk of Governor Larry Hogan ANNAPOLIS, MD—Governor Larry Hogan today announced that the state’s COVID-19 positivity rate has dropped below 5%—another critical milestone …
HONG KONG -Goldman Sachs said it expects seven 25 basis point interest rate rises from the U.S. Federal Reserve this year, up from its previous …
A look at the day ahead in markets from Dhara Ranasinghe. An aggressive 50 basis point U.S. interest rate hike to contain inflation now appears …
By Ann Saphir and Lindsay Dunsmuir – Pressure increased on the Federal Reserve on Thursday to take a stronger stand against inflation after an unexpectedly …
By Ann Saphir -Richmond Federal Reserve Bank President Tom Barkin on Thursday said he would be “conceptually” open to raising interest rates by a bigger-than-usual …
By Gertrude Chavez-Dreyfuss NEW YORK -Federal funds rate futures on Thursday have boosted the chances of a half percentage-point tightening by the Federal Reserve at …