C.banker Tyrowicz says Poland could hike rates by 200-400 bps more -PAP
WARSAW (Reuters) -Poland could raise interest rates by 200 to 400 basis points more, central banker Joanna Tyrowicz was quoted as saying on Friday, striking …
rates
RBI to raise rates again, slim majority of economists expect 50 bps hike – Reuters poll
By Arsh Tushar Mogre BENGALURU (Reuters) – The Reserve Bank of India is set to raise interest rates again next week with a slim majority …
U.S. mortgage rates rise to 6.29%, highest in 14 years
(Reuters) – U.S. 30-year fixed-rate mortgages rose to 6.29% on Thursday, the highest level since 2008, according to Freddie Mac’s mortgage market survey. Last week, …
Egypt central bank keeps interest rates unchanged
CAIRO (Reuters) – The Central Bank of Egypt (CBE), bucking analyst expectations, left its overnight interest rates unchanged on Thursday, saying it believed inflation was …
Vietnam central bank to raise policy rates by 100 bps
HANOI (Reuters) – Vietnam’s central bank announced on Thursday it would raise its policy rates by 100 basis points, in a rare monetary tightening move …
Indonesia central bank raises rates by 50 bps to head off inflation risks
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s central bank increased interest rates by more than expected on Thursday as it sought to …
Analysis-Europe says goodbye to negative rates – or just ‘au revoir’?
By Mark John and Dhara Ranasinghe LONDON (Reuters) – Europe’s decade-long experiment with negative interest rates, which ended on Thursday with the Swiss National Bank’s …
Rising rates, price slump deal double blow to Hong Kong homeowners
By Clare Jim HONG KONG (Reuters) – When Stephanie Cheung bought a small, two-bedroom apartment for HK$7.7 million ($981,041) as an investment in April 2021, …
Philippine cbank hikes rates again, raises inflation forecast
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine central bank hiked its benchmark interest rates by half a percentage point …
ECB must keep raising rates despite downturn, Schnabel says
FRANKFURT (Reuters) – The euro zone is facing an economic downturn but inflation is still far too high, so interest rates need to keep going …
Bank of Japan keeps ultra-low rates, dovish policy guidance
(Reuters) – The Bank of Japan maintained ultra-low interest rates and dovish policy guidance on Thursday, reassuring markets that it will continue to swim against …
Fed Hikes Interest Rates For Third Time In Four Months
Fed Hikes Interest Rates For Third Time In Four Months Bronson Winslow on September 21, 2022 The Federal Reserve has raised target interest rates by …
Gulf central banks raise rates after Fed’s third big hike in a row
DUBAI (Reuters) – Gulf central banks raised their key interest rates on Wednesday after the U.S. Federal Reserve delivered its third consecutive three-quarter percentage point …
Saudi Central Bank raises key interest rates by 75 bps
(Reuters) – The Saudi Central Bank said on Wednesday it increased its key interest rates by 75 basis points, moving in tandem with the U.S. …
Qatar central bank raises interest rates by 75 bps –statement
DUBAI (Reuters) – Qatar’s central bank said on Wednesday it will raise its interest rates by 75 basis points as of Thursday, moving in parallel …
U.S. mortgage interest rates reach 6.25%, highest level since October 2008
(Reuters) – The average interest rate on the most popular U.S. home loan climbed to its highest level since October 2008, Mortgage Bankers Association (MBA) …
BOJ seen sticking to ultra-low rates, defy global rate hike rush
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is set to maintain ultra-low interest rates and its dovish policy guidance on Thursday, a …
Indonesia to raise rates by another 25 bps in Sept, some call for 50 bps: Reuters poll
By Anant Chandak BENGALURU (Reuters) – Bank Indonesia will follow a surprise August interest rate rise with another 25 basis point hike at its meeting …
POLL-Egypt’s central bank to raise interest rates by 100 bps: Reuters Poll
CAIRO (Reuters) – Egypt’s central bank will raise its overnight deposit rate by 100 basis points (bps) on Thursday as it tries to dampen resurgent …
Norway to hike rates by 50 basis points this week – Reuters poll
OSLO (Reuters) – Norway’s central bank is expected to raise its benchmark interest rate again this week and signal a continued rise in the cost …
Australian home buyers could benefit from higher rates: RBA
SYDNEY (Reuters) – Australians looking to buy a new home could actually benefit from rising interest rates as they lower the price of housing enough …
Marketmind: Rates, rates, rates
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Interest rate decisions from the Fed, People’s Bank of China, and …
Brazil central bank set to keep rates at cycle high of 13.75% next week – Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank is set to keep its benchmark rate at a cycle high of 13.75% on Wednesday …
Democrats Tout Public Utility Transparency as Rates Increase in New Jersey
Trenton – Legislation sponsored by Senate Majority Leader M. Teresa Ruiz and signed into law today will bolster consumer protections and make New Jersey a …
Mortgage Rates Jump Above 6% For First Time Since 2008, Making Buyers Feel The Squeeze
Mortgage Rates Jump Above 6% For First Time Since 2008, Making Buyers Feel The Squeeze John Hugh DeMastri on September 15, 2022 Thirty-year fixed-rate mortgages …
U.S. mortgage interest rates top 6% for first time since 2008
(Reuters) – The average interest rate on the most popular U.S. home loan rose above 6% for the first time since 2008 and is now …
Top of ECB rates cycle an open question, ECB’s Herodotou says
NICOSIA (Reuters) – The European Central Bank has expedited its exit from ultra easy monetary policy to bring inflation back to target but it remains …
Virgin Australia says high staff illness rates hampering capacity, lifting fares
By Jamie Freed SYDNEY (Reuters) – Virgin Australia has been unable to provide enough domestic capacity to meet demand, which is tracking above 2019 levels …
Morgan Stanley says rise in interest rates hurts mortgage demand
(Reuters) – Morgan Stanley has seen moderation in loan growth and a lower mortgage demand due to rising interest rates, co-President Andrew Saperstein said in …
Bank of England to raise rates by 50bps again to tame inflation: Reuters Poll
By Jonathan Cable LONDON (Reuters) – The Bank of England looks set to hike borrowing costs by another 50 basis points next week, although it …
Bank of America sees BoE raising rates to 4% by Aug 2023
LONDON (Reuters) – Bank of America revised up its forecast for the peak in Bank of England interest rates to 4% on Tuesday from a …
Bank of America CEO predicts income boost from higher rates
NEW YORK (Reuters) – Bank of America Corp expects a “big bump” in the income it earns from rising interest rates, its chief executive officer …
Munich Re says reinsurance rates likely to rise
FRANKFURT (Reuters) – Munich Re said reinsurance rates were set to rise across the industry, caused by inflation, higher interest rates and a decline in …
Cubans juggle exchange rates, soaring prices as peso plunges to 30-year low
By Dave Sherwood HAVANA (Reuters) – Rider Gonzalez helps run a small cafe in touristy downtown Havana, a challenge in a country where coffee-shop staples …
Polish interest rates should rise further – c.banker Tyrowicz
WARSAW (Reuters) -Interest rates in Poland should rise further given the economic situation, newly-appointed rate-setter Joanna Tyrowicz said on Friday. “Clearly, our current economic situation …
Australian lenders NAB, ANZ to raise home loan rates by 50 bps
(Reuters) – Australia and New Zealand Banking Group joined National Australia Bank in raising its variable home loan interest rates on Friday, passing on the …
ECB raises rates by unprecedented 75 basis points
LONDON (Reuters) – The European Central Bank raised interest rates by an unprecedented 75 basis points on Thursday in an effort to tame runaway inflation. …
ECB raises rates by unprecedented 75 basis points
FRANKFURT (Reuters) – The European Central Bank raised interest rates by an unprecedented 75 basis points on Thursday to tame runaway inflation, even as a …
Goldman Sachs steepens U.S. rates outlook
SINGAPORE (Reuters) – Goldman Sachs expects a steeper path for U.S. rate rises and a 75 basis point hike this month, as Federal Reserve officials …
Analysis-As interest rates jump, Canadian borrowers turn to credit unions for mortgages
By Nichola Saminather TORONTO (Reuters) – In a country where the Big Six banks control 80% mortgage market share, Canada’s smaller lenders are making some …
Thai central bank to hike rates gradually to contain inflation – chief
By Orathai Sriring and Satawasin Sta[censored]charnchai BANGKOK (Reuters) – Thailand’s central bank will raise interest rates gradually to curb inflation and ensure a smooth recovery …
Fed’s Barkin warns rates must stay high until inflation eases- FT
(Reuters) – The U.S. Federal Reserve must lift interest rates to a level that restrains economic activity and keep them there until policymakers are “convinced” …
BOJ to keep low rates even as inflation seen hitting 3% – ex-central bank policymaker
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan (BOJ) will likely maintain its massive stimulus even as inflation is seen …
Reinsurance premiums to rise as inflation bites – ratings agencies
LONDON (Reuters) -Reinsurers are likely to raise premium rates in the next few months, given pressures from inflation, war in Ukraine, climate change and capital …
Czech interest rates already at high level, central bank governor says
PRAGUE (Reuters) – Czech interest rates are already at a high level that is dampening domestic demand pressures, central bank Governor Ales Michl said on …
Boom turns to gloom as higher interest rates hit New Zealand housing- Reuters poll
By Vivek Mishra BENGALURU (Reuters) – New Zealand’s house prices are forecast to fall 10% this year and 5% next as aggressive interest rate hikes …
India’s Q1 growth may not deter RBI from raising rates -analysts
By Dharamraj Lalit Dhutia MUMBAI (Reuters) – India’s lower-than-expected economic growth in April-June is unlikely to alter the course for the Reserve Bank of India …
ECB’s next move on rates should be ‘orderly and predictable’ -Villeroy
PARIS (Reuters) – The European Central Bank’s move on interest rates next week must be “orderly and predictable”, French ECB policymaker Francois Villeroy de Galhau …
Fed’s Mester: interest rates need to rise ‘somewhat above’ 4%
(Reuters) – The U.S. Federal Reserve will need to raise interest rates somewhat above 4% by early next year and then hold them there in …
Japan regulator to enhance bank surveillance as foreign interest rates rise
By Makiko Yamazaki and Takahiko Wada TOKYO (Reuters) – Japan will step up surveillance of banks’ risk control as interest rises abroad create latent losses …