US homebuilder confidence brightens as interest rates ease – NAHB
By Amina Niasse NEW YORK (Reuters) – U.S. homebuilder confidence rose in December, indicating easing interest rates may be bolstering sales conditions for builders who …
rates
Higher rates trigger big retreat in global non-bank sector
By Huw Jones LONDON (Reuters) – Multi-trillion dollar non-banking finance saw its first major retreat last year since the global financial crisis in 2009, with …
US mortgage rates fall below 7% for first time since August
(Reuters) – The average interest rate on the most popular U.S. home loan fell this week to below 7% for the first time since August …
Instant view: ECB leaves rates at 4%, flags early end to bond buys
LONDON (Reuters) – The European Central Bank left interest rates unchanged as expected on Thursday and signalled an early end to its last remaining bond …
Asian FX bulls firm as investors bet on rates peaking; eye cuts ahead-Reuters poll
By Rishav Chatterjee (Reuters) – Bullish bets firmed on most emerging Asian currencies as expectations of an end to U.S. interest rate hikes triggered an …
UK housing market stabilises but high rates still weigh: RICS
By Suban Abdulla LONDON (Reuters) – Britain’s property market saw some recovery in November as a surge in mortgage rates eased, but surveyors remain cautious …
Dow notches first record close in almost two years as Fed signals lower rates
By Noel Randewich (Reuters) -The Dow Jones Industrial Average on Wednesday notched its first record high close since January 2022 after the Federal Reserve signaled …
Moody’s sees negative outlook for Latin American companies on high rates, low growth
BOGOTA (Reuters) – Non-financial industry companies in Latin America are facing a negative outlook for next year because of continued high interest rates, slow regional …
World Bank economist warns high interest rates will likely last longer
WASHINGTON (Reuters) – World Bank chief economist Indermit Gill on Wednesday said past experience showed that interest rates may stop going up, but they are …
Crypto market eyes interest rates and expected bitcoin ETFs in 2024
By Hannah Lang (Reuters) – After ending 2023 on a high, crypto investors will be watching central bank interest rates and a U.S. regulatory decision …
SNB to hold rates through at least September, longer than the ECB- Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – The Swiss National Bank will hold its key policy rate until at least the third quarter of next year, …
Pakistan cenbank to hold rates steady as inflation seen easing- Reuters poll
By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank is expected to hold its key rate steady at a fourth straight policy meeting on Tuesday, …
US mortgage rates fall to nearly 4-month low – Freddie Mac
(Reuters) – Interest rates on the most common type of U.S. home loan fell for a sixth straight week to the lowest in almost four …
Apartment REITs see silver lining as high mortgage rates force tenants to stay put
By Ananta Agarwal (Reuters) – Real estate investment trusts (REITs) that own and manage apartments are expected to see a bump in their revenue from …
Goldman Sachs sees ECB lowering rates by 25 bps in each meeting from April
(Reuters) – The European Central Bank (ECB) will cut interest rates by 25 basis points (bps) in each meeting starting April next year, Goldman Sachs …
ECB to cut rates in Q2, earlier than thought; winter recession seen shallow- Reuters poll
By Prerana Bhat BENGALURU (Reuters) – The European Central Bank will cut interest rates in the second quarter of next year, earlier than previously thought, …
Fed to hold rates until at least July; first cut not start of stimulus wave: Reuters poll
By Prerana Bhat and Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will hold interest rates until at least July, later than earlier thought, …
Deutsche Bank expects ECB to cut rates by 150 bps in 2024
(Reuters) – Deutsche Bank said on Wednesday it expects the European Central Bank to cut interest rates by 150 basis points (bps) next year, 50 …
Philippines central bank may pause or hike rates at next meeting -governor
MANILA (Reuters) – The governor of the Philippine central bank said on Wednesday it could either keep interest rates steady or raise them at its …
Marketmind: Optimism over peaking rates propels stocks
A look at the day ahead in European and global markets from Kevin Buckland European stocks are set for a bullish start if they follow …
Fed, with rates at a peak, now looks at a hold and an eventual pivot lower
By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve officials appear on track to end the year with interest rate hikes as a thing of …
China has more space to cut reserve ratio instead of interest rates, says ex-official
BEIJING (Reuters) – China is likely to implement proactive fiscal policy next year as there is still a need for the world’s second-biggest economy to …
BoC to cut rates starting in Q2 2024, house prices seen flat in 2024: Reuters poll
By Mumal Rathore BENGALURU (Reuters) – The Bank of Canada will start cutting interest rates in the second quarter of next year as inflation and …
Traders bet Fed will hold rates steady, start cuts in May
(Reuters) – Traders on Thursday maintained bets the Federal Reserve will hold interest rates steady for three more meetings before starting to cut interest rates, …
US Treasury yield curve to steepen next year as Fed cuts rates, says BofA
By Davide Barbuscia NEW YORK (Reuters) – The U.S. Treasury yield curve, which plots the yields of different government bond maturities, will likely steepen in …
Investors exit clean energy funds as higher interest rates bite
By Bansari Mayur Kamdar (Reuters) – The biggest U.S. ETF tracking clean energy shares was on track for record annual outflows as a rapid rise …
Bank of Korea to hold rates at 3.50% until at least mid-2024: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – The Bank of Korea will hold its key policy rate at 3.50% when it meets on Thursday as inflation …
Mexico central bank could ‘adjust’ rates in early 2024 if inflation eases, board member says
MEXICO CITY (Reuters) – Mexico’s central bank could “adjust” its interest rates by February or March 2024 if inflation continues to drop, board member Jonathan …
ECB must resist urge to cut rates early, Bundesbank chief says
FRANKFURT (Reuters) – The European Central Bank must resist any temptation to cut interest rates early as the most difficult part of fighting off the …
Turkey central bank ramps up interest rates to 40%
LONDON (Reuters) – Turkey’s central bank delivered a larger-than-expected 500 basis point interest rate hike on Thursday, lifting its benchmark to 40% but also flagging …
Bank of Israel to keep rates on hold again as war continues
By Steven Scheer JERUSALEM (Reuters) – Israel’s central bank is expected to leave short-term interest rates unchanged next week for a fourth straight meeting to …
Swedish Riksbank holds rates steady, threatened hike in 2024 seen unlikely
By Simon Johnson STOCKHOLM (Reuters) -Sweden’s central bank kept its policy rate on hold at 4.00% on Thursday and said it was ready to hike …
ECB’s Nagel: rates at peak or close, rules out hard landing
MILAN (Reuters) – Euro zone interest rates are close to their peak in the current cycle or may have already reached it, European Central Bank …
Barclays forecasts Fed to stand pat on rates in January
By Subhadeep Chakravarty (Reuters) -Barclays said on Wednesday it no longer expects the U.S. Federal Reserve to raise interest rates in January, compared with an …
BOJ to end negative interest rates in 2024, over 80% of economists say – Reuters poll
By Satoshi Sugiyama TOKYO (Reuters) – The Bank of Japan will end its negative interest rate policy next year, more than 80% of economists in …
ECB rates to stay unchanged for next few quarters -Villeroy
LONDON (Reuters) – The European Central Bank’s interest rates have reached a plateau where they will likely remain for the next few quarters, ECB policymaker …
China keeps lending benchmark rates unchanged, as expected
SHANGHAI/SINGAPORE (Reuters) – China left benchmark lending rates unchanged at a monthly fixing on Monday, matching expectations, as a weaker yuan continued to limit further …
Marketmind: China seen steady as she goes on rates
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. China’s latest interest rate decision …
China expected to keep key lending rates unchanged next week
SHANGHAI/SINGAPORE (Reuters) – China is widely expected to leave lending benchmark rates unchanged at a monthly fixing on Monday, after the central bank kept medium-term …
Homebuilder confidence weakens again but easing rates may brighten the outlook – NAHB
By Amina Niasse NEW YORK (Reuters) – U.S. home builder confidence weakened in November despite signs of easing mortgage rates that could bolster the outlook …
BOJ seen ending negative rates in April, keep hiking next year – ex-central bank economist
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan is expected to end its negative interest rate policy in April and …
Philippine central bank likely to hold rates at 6.5% on Thurs, may hike again in Dec: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – The Philippine central bank will keep its key interest rate unchanged at 6.50% on Thursday after an …
Central bank warns Canadians to plan for a period where rates may be higher
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada on Thursday said the era of super-low interest rates was likely over and …
Fed done raising rates; risk is for expected Q2 cut to be delayed – Reuters poll
By Prerana Bhat BENGALURU (Reuters) – The U.S. Federal Reserve will hold its federal funds rate steady through most of the first half of next …
Aussie ‘big four’ banks hike home loan rates after RBA decision
(Reuters) – Commonwealth Bank of Australia, the country’s largest lender, on Thursday joined the other three big banks in raising its standard variable home loan …
BOJ may end negative rates in January, ex-central bank executive says
By Leika Kihara and Yoshifumi Takemoto TOKYO (Reuters) – The Bank of Japan may end its negative interest rate policy as early as January, and …
ECB must keep rates at or near 4% through 2024 to get inflation down -IMF
FRANKFURT (Reuters) – Rapid wage growth in the euro zone could keep inflation elevated longer and the European Central Bank should hold interest rates at …
Australia’s central bank raises rates to 12-year high, tempers hawkish stance
By Wayne Cole SYDNEY (Reuters) -Australia’s central bank raised interest rates to a 12-year high on Tuesday, ending four months of steady policy, but left …
Marketmind: Rates buzz sustained before Fed loan data
A look at the day ahead in U.S. and global markets from Mike Dolan After its best week of 2023 on optimism about peaking interest …
Alpha Bank, Piraeus Bank profits up on higher interest rates
By Lefteris Papadimas ATHENS (Reuters) – Alpha Bank and Piraeus Bank reported on Friday a jump in profits for the first nine months of 2023 …