ECB should hike interest rates further to combat inflation, Nagel says
MADRID (Reuters) – The European Central Bank should hike interest further to bring inflation back under control, policymaker Joachim Nagel said on Thursday. “The ECB …
MADRID (Reuters) – The European Central Bank should hike interest further to bring inflation back under control, policymaker Joachim Nagel said on Thursday. “The ECB …
DUBAI (Reuters) – Most Gulf states said on Wednesday they would increase their key interest rates after the Federal Reserve raised its key policy rate …
(Reuters) – The “ultimate level” of the Federal Reserve’s benchmark policy rate is likely higher than previously estimated, Fed Chair Jerome Powell said on Wednesday. …
(Reuters) – The Central Bank of Bahrain (CBB) said on Wednesday it raised its key policy interest rate on its one-week deposit facility by 75 …
(Reuters) – Australia’s ‘Big Four’ banks will raise their home loan rates by 25 basis points this month, they said on Tuesday, passing on the …
By Bhargav Acharya and Alexander Winning JOHANNESBURG (Reuters) – South Africa still has space to raise interest rates, its central bank governor said on Tuesday …
FRANKFURT (Reuters) – The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession …
(Reuters) – Goldman Sachs Group Inc’s economists said the U.S. Federal Reserve could bump up interest rates to as high as 5% by March 2023, …
By Francesco Canepa FRANKFURT (Reuters) – The world’s top central bankers are beginning to fear that an already weak global economy will stall if they …
By William Schomberg LONDON (Reuters) – The Bank of England looks set to raise borrowing costs by the most since 1989 next week even as …
TOKYO (Reuters) – The Bank of Japan raised its inflation forecasts on Friday but maintained ultra-low interest rates, remaining a dovish outlier among a global …
Mortgage Rates Spike To Highest Level In Over 20 Years Bronson Winslow on October 26, 2022 Mortgage rates have continually increased for 10 straight weeks, …
By Iain Withers and Lawrence White LONDON (Reuters) – Having hiked mortgage rates after political turmoil drove up the cost of borrowing, British banks are …
LONDON (Reuters) – The European Central Bank raised interest rates again on Thursday and signalled it was keen to start shrinking its bloated balance sheet, …
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank will raise interest rates again on Thursday and likely reel in a …
By Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank on Wednesday held interest rates at a nearly six-year high for the second policy meeting in a …
(Reuters) – The average interest rate on the most popular U.S. home loan rose to its highest level since 2001 as tightening financial conditions weigh …
By Christian Kraemer BERLIN (Reuters) – International Monetary Fund chief Kristalina Georgieva said on Wednesday that central banks should keep raising interest rates further to …
By Tom Sims, John O’Donnell and Jesús Aguado FRANKFURT (Reuters) – Some of Europe’s largest banks warned of growing risks as the economy fizzles after …
By Leika Kihara TOKYO (Reuters) – Solid wage growth, not a spiralling yen, is likely to be the trigger that drives the Bank of Japan …
(Reuters) – Investors that were previously put off by negative interest rates in Europe in recent years are starting to return to market, funding officials …
By Sergio Goncalves LISBON (Reuters) – Portugal’s Prime Minister Antonio Costa has urged the European Central Bank (ECB) to be prudent in raising interest rates …
TOKYO (Reuters) – Japan’s banking system remains stable as a whole but rising overseas interest rates could worsen the creditworthiness of highly leveraged firms, the …
High Interest Rates Are Strangling The Mortgage Market John Hugh DeMastri on October 19, 2022 As mortgage and interest rates skyrocket, demand for new …
By Howard Schneider CHARLOTTESVILLE, Va. (Reuters) – Interest rates that move too high could have a “nonlinear” impact on the economy as businesses become more …
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan. Market tension is building between surprising positivity still coming …
WARSAW (Reuters) – The Polish central bank does not have ample room to increase interest rates amid an expected economic slowdown, central banker Cezary Kochalski …
WASHINGTON (Reuters) – The European Central Bank should consider starting to shrink its oversized stock of assets once interest rates rise to a level that …
(Reuters) – Three senior KFC executives have notified the U.S. fried chicken chain’s parent company Yum Brands Inc that they will take early retirement as …
BUDAPEST (Reuters) – Hungary’s government has expanded its existing scheme that caps mortgage rates effective Nov. 1 to include mortgages carrying fixed interest rates up …
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate came in lower than expected in September, a rare reprieve for the embattled economy …
ISTANBUL (Reuters) – Turkey’s central bank is expected to cut its policy rate by 100 basis points to 11% next week, a Reuters poll showed …
By Swati Bhat and Sudipto Ganguly MUMBAI (Reuters) – The Reserve Bank of India’s monetary policy committee may lean more on data in deciding the …
By Balazs Koranyi WASHINGTON (Reuters) – The European Central Bank should raise interest rates by 75 basis points at both of its upcoming meetings this …
(Reuters) -JPMorgan Chase & Co Chief Executive Officer Jamie Dimon on Thursday warned that persistent and elevated inflation could spur interest rates to rise higher …
By Jorgelina do Rosario and Rachel Savage WASHINGTON/JOHANNESBURG (Reuters) – Angola will keep cutting interest rates as long as inflation is kept low, central bank …
ANKARA (Reuters) – Turkish President Tayyip Erdogan vowed on Saturday that the central bank would continue to cut its policy interest rates every month for …
By Steven Scheer JERUSALEM (Reuters) -Israel’s aggressive interest rate hiking cycle aimed at lowering inflation was at a “well advanced” stage, Bank of Israel Governor …
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is likely to maintain interest rates on Thursday in an effort to get a grip …
By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) – Russia’s rate-cutting cycle is over for now, a Reuters poll suggested on Friday, with analysts expecting …
By Shaloo Shrivastava BENGALURU (Reuters) – Australia’s central bank will hike interest rates by another half-point on Tuesday and increase borrowing costs further than previously …
By David Milliken LONDON (Reuters) -The Bank of England’s new programme of bond purchases aims to cure market dysfunction, not cap yields or offer cheaper …
BEIJING/SHANGHAI (Reuters) – A string of small and mid-sized Chinese banks are following their larger peers and cutting deposit interest rates in the first broad-based …
By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a likely slowdown in economic growth threaten to …
(Reuters) – The average interest rate on the most popular U.S. home loan climbed to its highest level since August 2008, data from the Mortgage …
(Reuters) – The European Central Bank may need to raise interest rates by another 75 basis points next month as inflation remains unacceptably high, Slovak …
By Julie Gordon and Ismail Shakil OTTAWA (Reuters) – Inflation is too high in Canada, so the Bank of Canada needs to increase interest rates …
By David Milliken and Muvija M LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Monday that the BoE “will not hesitate” to raise …
LONDON (Reuters) -Banks’ ability to cope with rising global interest rates and the resilience of their retail divisions to market shocks will be under scrutiny …
LONDON (Reuters) – Britain’s central bank needs to make a big inter-meeting interest rate hike as early as next week to calm markets and restore …