OTTAWA – Canadian Finance Minister Chrystia Freeland expressed confidence on Thursday in the Bank of Canada’s ability to rein in surging inflation and keep price …
By Jesús Aguado MADRID – Spanish homeowners, fearing a return to the turmoil that nearly bankrupted their country a decade ago, are rushing to shield …
By Jeslyn Lerh SINGAPORE – Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, logistics executives …
By Yousef Saba DUBAI – Most Gulf central banks followed the U.S. Federal Reserve on Wednesday, lifting their key interest rates by three-quarters of a …
(Reuters) – Federal Reserve officials on Wednesday ratcheted up their forecasts for where their target interest rate will be at the end of this year …
SYDNEY – A measure of Australian consumer sentiment slid for a seventh straight month to match pandemic lows in June amid an outsized rise in …
OTTAWA – Canadian Prime Minister Justin Trudeau on Tuesday said his government was watching rising interest rates “with concern,” when asked about the impact higher …
By Yoruk Bahceli (Reuters) -Euro area interbank borrowing rates saw their biggest daily jumps in over 10 years on Tuesday, reflecting huge increases in market …
By Indradip Ghosh and John Revill BENGALURU/ZURICH – The Swiss National Bank will keep its negative policy interest rate unchanged on Thursday and will not …
(Reuters) – The European Central Bank needs to speed up the pace of interest rate tightening to 50 basis points in September after an initial …
(Reuters) – The Bank of England will raise interest rates in June by a modest 25 basis points and stick to those increments in coming …
BERLIN – German Economy Minister Robert Habeck on Monday welcomed the European Central Bank’s indication last week that it would deliver next month its first …
(Reuters) -Russian Central Bank Governor Elvira Nabiullina gave a news conference after the central bank cut its key interest rate to 9.5% on Friday. Nabiullina …
By William Schomberg LONDON – The Bank of England looks set to raise interest rates next week for the fifth time since December, its steepest …
By Elizabeth Howcroft LONDON – Reduced consumer spending, rising interest rates and trickier credit conditions spell trouble for Buy Now Pay Later lenders, raising the …
LONDON – Citibank says it expects the Swiss National Bank to hike its key rate by 25 basis points when it meets next week. Swiss …
By David Ljunggren OTTAWA – Some Canadians who took out mortgages in 2020-21 could see their monthly payments jump by as much as 45% in …
(Reuters) – Australia’s major lenders raised their home loan variable interest rates on Wednesday by 50 basis points per annum, a day after the central …
By Mike Dolan LONDON – If indeed there is an economic hurricane coming, then someone should shake the junk bond market. JPMorgan boss Jamie Dimon …
By Swati Bhat MUMBAI – Measures to tighten liquidity are expected to accompany a rise in Indian interest rates on Wednesday, adding upward pressure to …
By Devayani Sathyan BENGALURU – Australia’s central bank will raise rates by a modest 25 basis points for a second straight meeting in June, still …
(Reuters) – The Federal Reserve should get interest rates up to a level that no longer stimulates the economy as quickly as possible including 50-basis-point …
OTTAWA, June 1 (Reuters)- The Bank of Canada on Wednesday raised its policy interest rate to 1.5% from 1.0%, its second consecutive 50-basis-point hike, and …
By Shrutee Sarkar BENGALURU – Canadian house price inflation will slow to 10% this year as the Bank of Canada raises interest rates aggressively, a …
By Indradip Ghosh and Prerana Bhat BENGALURU – Burning U.S. house price inflation will cool to 10%, half its current rate this year, and slow …
(Reuters) – The Federal Reserve needs to move interest rates much higher and soon if high inflation does not begin to subside, Fed Governor Christopher …
LONDON – Insurance premiums are doubling or more for some aviation and marine business particularly exposed to the war in Ukraine, increasing costs for airline …
By Francesco Canepa and Julie Gordon (Reuters) – In Toronto’s far-flung suburbs, just a few months ago a typical three-bedroom house would have fetched 40 …
By Sujata Rao and Saikat Chatterjee LONDON – Worsening economic data may force central banks to blink and take a less aggressive rate-rise stance, money …
By Vivek Mishra BENGALURU – Rampant rises in Australian house prices will grind almost to a halt this year, and an 8% decline is expected …
By Shaloo Shrivastava BENGALURU – South Korea’s central bank is likely to hike its benchmark rate at a second consecutive meeting on Thursday to combat …
BRASILIA -Brazil’s government announced on Monday a new 10% reduction in the tax rate for import goods on a large part of products purchased abroad, …
KOENIGSWINTER, Germany – The European Central Bank can raise its benchmark interest rate out of negative territory without major economic consequences because financing conditions would …
FRANKFURT – The European Central Bank can start raising interest rates, perhaps as soon as July, moving them gradually back into positive territory, Italian central …
By Devayani Sathyan BENGALURU – Bank Indonesia will wait a few more months to raise rates from a record low despite rising inflation and aggressive …
By Steven Scheer JERUSALEM -The Bank of Israel will likely raise short-term interest rates by a quarter-point next week to rein in rising inflation, partly …
By Marcela Ayres and Bernardo Caram BRASILIA – Monetary tightening in the United States makes it all the more pressing to speed up the privatization …
By Byron Kaye SYDNEY – The 10-minute home loan – at the tap of a smartphone screen – is emerging as the next frontier in …
By Davide Barbuscia NEW YORK – U.S. bond sales by investment-grade issuers will likely decline by around 10% this year as borrowers contend with higher …
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 Devayani Sathyan and Prerana Bhat BENGALURU – The Reserve Bank of India will follow its surprise May rate rise with another hike at its …
NEW DELHI – India’s economic growth rate is likely to slow if the central bank hikes interest rates, Finance Secretary TV Somanathan told CNBC TV18 …
(Reuters) – Belarusian Prime Minister Roman Golovchenko said on Wednesday he expected interest rates in his country to fall following rate cuts by the Russian …
BUDAPEST – Hungarian rate-setters voted unanimously to raise the base rate by 100 basis points to 5.4% on April 26, the minutes of the meeting …
WARSAW – Interest rates on deposits held in Polish banks will grow due to competition, mBank CEO Cezary Stypulkowski said on Wednesday, adding he did …
SYDNEY – A measure of Australian consumer sentiment slid for a sixth straight month to a 21-month low in May as surging inflation and rising …
(Reuters) – Federal Reserve Governor Christopher Waller said on Tuesday it is time to “hit it” on raising interest rates to deal with inflation that …
PARIS – Higher interest rates make it all the more important for post-pandemic government debt levels to be brought to more sustainable levels, the head …
ELTVILLE AM RHEIN, Germany -The European Central Bank should raise interest rates in July to stop high inflation becoming entrenched, German Bundesbank chief Joachim Nagel …
BERLIN – The European Central Bank must quickly raise interest rates in line with the United States, given high inflation in the euro zone, the …