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rates

Sri Lanka central bank hikes rates to tame inflation; urges govt to act

March 4, 2022
Sri lanka central bank hikes rates to tame inflation; urges govt to act - photo licensed by shore news network.

By Uditha Jayasinghe and Swati Bhat COLOMBO – Sri Lanka’s central bank sharply raised interest rates on Friday to staunch growing inflationary pressures and urged …

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BoE’s Cunliffe says Russia crisis will add to risks from rates shift

March 2, 2022
Boe's cunliffe says russia crisis will add to risks from rates shift - photo licensed by shore news network.

By William Schomberg LONDON -Bank of England Deputy Governor Jon Cunliffe said the crisis triggered by Russia’s invasion of Ukraine would add to risks in …

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Malaysia central bank to wait until third quarter to raise rates – Reuters poll

February 28, 2022
Malaysia central bank to wait until third quarter to raise rates - reuters poll - photo licensed by shore news network.

By Devayani Sathyan BENGALURU – Malaysia’s central bank will wait until the third quarter before raising interest rates from a record low to support an …

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Russia’s VTB to hike mortgage rates by four percentage points to 15.3%

February 27, 2022
Russia's vtb to hike mortgage rates by four percentage points to 15. 3% - photo licensed by shore news network.

MOSCOW – Russia’s No. 2 lender VTB will hike mortgage rates by four percentgae points to 15.3% from Feb. 28, it said on Sunday, with …

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RBNZ Governor says countering inflation early will prevent need for higher rates

February 24, 2022
Rbnz governor says countering inflation early will prevent need for higher rates - photo licensed by shore news network.

By Praveen Menon WELLINGTON – Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr said on Friday that countering inflation pressures early prevent the need …

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Birth Rates Are Plummeting, But Not Because People Can’t Afford Children: STUDY

February 24, 2022
Birth rates are plummeting, but not because people can’t afford children: study - photo licensed by shore news network.

Birth Rates Are Plummeting, But Not Because People Can’t Afford Children: STUDY Laurel Duggan on February 23, 2022 New research suggests plummeting birthrates in the …

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BoE’s Tenreyro sees case for small increase in rates

February 23, 2022
Boe's tenreyro sees case for small increase in rates - photo licensed by shore news network.

By David Milliken LONDON – Bank of England policymaker Silvana Tenreyro said on Wednesday that she – like other BoE policymakers – saw a case …

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ECB’s de Guindos says asset purchases must end before raising rates

February 23, 2022
Ecb's de guindos says asset purchases must end before raising rates - photo licensed by shore news network.

MADRID – European Central Bank Vice-President Luis de Guindos said on Wednesday that the institution will first need to end asset purchases before interest rates …

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Morgan Stanley expects Fed to hike rates 6 times in 2022

February 17, 2022
Morgan stanley expects fed to hike rates 6 times in 2022 - photo licensed by shore news network.

– Morgan Stanley expects the U.S. Federal Reserve to raise interest rates six times this year for a total of 150 basis points, a faster …

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U.S. mortgage interest rates top 4% for first time since 2019

February 16, 2022
U. S. Mortgage interest rates top 4% for first time since 2019 - photo licensed by shore news network.

– The interest rate on the most popular U.S. home loan surged by the most in nearly two years last week, shooting above the 4% …

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Colombia’s central bank must raise rates in first half to control inflation -IMF

February 15, 2022
Colombia's central bank must raise rates in first half to control inflation -imf - photo licensed by shore news network.

BOGOTA – Colombia’s central bank will have to front load interest rate hikes in the first half of this year in order to get a …

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U.S. mortgage rates jump to two-year high, further squeezing buyers

February 11, 2022February 10, 2022
U. S. Mortgage rates jump to two-year high, further squeezing buyers - photo licensed by shore news network.

By Jonnelle Marte -U.S. mortgage rates increased to a two-year high last week and could keep rising, a trend which may further squeeze first-time buyers …

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Pressure on Bank Indonesia to raise rates, but will not until Q3’22- Reuters Poll

February 7, 2022February 7, 2022
Pressure on bank indonesia to raise rates, but will not until q3'22- reuters poll - photo licensed by shore news network.

By Shaloo Shrivastava BENGALURU – Indonesia’s central bank will raise rates faster than thought just a month ago as concerns mount about a weaker rupiah …

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Dashboard of emerging market vulnerabilities to rising global rates

February 4, 2022February 4, 2022
Dashboard of emerging market vulnerabilities to rising global rates - photo licensed by shore news network.

By Patturaja Murugaboopathy and Gaurav Dogra – Poorer ’emerging market’ countries are facing the headwind of rising global interest rates this year, which in the …

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Emerging FX already riding higher local rates will outperform this year: Reuters poll

February 3, 2022February 3, 2022
Emerging fx already riding higher local rates will outperform this year: reuters poll - photo licensed by shore news network.

By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU – Emerging market currencies will struggle to stem losses in the near-term as the U.S. Federal Reserve lifts …

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Japan has no plans to review sales tax rates, finance minister says

February 3, 2022
Japan has no plans to review sales tax rates, finance minister says - photo licensed by shore news network.

TOKYO – Japanese is not considering reviewing future national sales tax rates as the current 10% levy provides a vital source of funding the social …

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Fed’s Barkin says rates should move to pre-pandemic levels, then assess next steps

February 3, 2022February 3, 2022
Fed's barkin says rates should move to pre-pandemic levels, then assess next steps - photo licensed by shore news network.

By Howard Schneider WASHINGTON – The U.S. Federal Reserve needs to begin raising interest rates but it is too soon to say how far or …

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Australia’s central bank ends bond buying, in no rush to hike rates

January 31, 2022
Australia's central bank ends bond buying, in no rush to hike rates - photo licensed by shore news network.

By Wayne Cole SYDNEY – Australia’s central bank kept its cash rate at a record low of 0.1% on Tuesday and ended its A$275 billion …

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CDC: Omicron is not as deadly as delta, but high spread could increase death rates

January 11, 2022January 10, 2022

CDC Director Rochelle Walensky this week officially confirmed that the omicron variant of the COVID-19 virus is not as deadly as the delta variant, but …

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Americans Ring In 2022 With Highest Mortgage Rates Since The Pandemic Started

January 7, 2022
Americans ring in 2022 with highest mortgage rates since the pandemic started - photo licensed by shore news network.

Harry Wilmerding on January 6, 2022 Mortgage rates soared to their highest level since the beginning of the pandemic in the first week of 2022, …

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Canadian Court Declares Math Test For New Teachers ‘Unconstitutional’ Because Of Racial Disparities In Passage Rates

December 21, 2021
Canadian court declares math test for new teachers ‘unconstitutional’ because of racial disparities in passage rates - photo licensed by shore news network.

Ontario public schools will no longer require incoming teachers to pass a basic math proficiency test after finding racial disparities in passage rates. The Ontario …

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6.1 million New Jerseyans vaccinated, but COVID-19 rates are climbing again

December 1, 2021
6. 1 million new jerseyans vaccinated, but covid-19 rates are climbing again - photo licensed by shore news network.

TRENTON, NJ – We have masks in schools, high vaccination rates, public health policies, vaccine mandates and vaccine passports for many public functions, but nothing …

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New Jersey contractor to pay $175k to resolve prevailing wage violations

October 27, 2021
New jersey contractor to pay $175k to resolve prevailing wage violations - photo licensed by shore news network.

TRENTON – Acting Attorney General Andrew J. Bruck announced today that a telecommunications contractor will pay $175,000 to resolve allegations that the company defrauded the …

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Reddit User Charts NJ COVID-19 Trajectory And It Doesn’t Look Good!

April 13, 2020
Reddit user charts nj covid-19 trajectory and it doesn't look good! - photo licensed by shore news network.

REDDIT – A Reddit user has taken the data from the COVID Tracking Project and extracted all of the New Jersey data to give a …

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