(Reuters) – American Electric Power on Thursday beat profit estimates for the third quarter, as the utility benefited from higher electricity rates and customer additions. …
By Terje Solsvik OSLO (Reuters) – Norway’s central bank kept its benchmark interest rate unchanged at 4.25% on Thursday, as widely expected, and said it …
SHANGHAI (Reuters) -China’s financial regulators are investigating a month-end liquidity crunch that saw short-term money rates surge to as much as 50%, asking some institutions …
(Reuters) – DoubleLine Capital CEO Jeffrey Gundlach expects interest rates are about to trend lower as the U.S. economy deteriorates further and tips into a …
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Wednesday that market borrowing costs would need to be sustainably higher …
NEW YORK (Reuters) – The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in borrowing costs …
OSLO (Reuters) – Norway’s central bank is expected to keep its key policy interest rate on hold this week but could hike borrowing costs again …
Cooling inflation will likely keep the Federal Reserve on pause in coming months, traders bet on Friday, even as persistent underlying price pressures amid strong consumer …
(Reuters) – Despite a stronger-than-expected reading for third-quarter U.S. economic growth, traders on Thursday added to bets the Federal Reserve will keep policy on hold …
TOKYO (Reuters) – The Bank of Japan will end its negative interest rate policy next year, according to nearly two-thirds of economists in a Reuters …
SYDNEY (Reuters) – Australia’s top central banker on Tuesday warned there were risks inflation would prove more stubborn than expected and that interest rates might …
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic said on CNBC Friday that while inflation remains too …
WASHINGTON – The U.S. Attorney’s Office for the District of Columbia today announced an increase of over 60 percent in the percent of cases …
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) – Bank Indonesia unexpectedly raised interest rates on Thursday to arrest the rupiah’s decline amid U.S. monetary …
(Reuters) – Tesla CEO Elon Musk spent much of a call with analysts and investors on the electric car maker’s earnings discussing what he sees …
(Reuters) – Richmond Federal Reserve Bank chief Thomas Barkin on Tuesday said that higher long-term borrowing costs are putting downward pressure on demand but it’s …
By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel hinted on Tuesday that it was in no rush to lower interest rates despite Israel’s …
By Michael S. Derby NEW YORK (Reuters) – Philadelphia Federal Reserve President Patrick Harker said on Monday the current level of interest rates has nearly …
By Steven Scheer JERUSALEM (Reuters) – The head of Israel’s parliamentary finance committee on Monday called on Bank of Israel Governor Amir Yaron to lower …
(Reuters) – The Federal Reserve’s aggressive monetary policy tightening is prompting U.S. banks to slow the flow of credit and beef up cash levels after …
MARRAKECH, Morocco (Reuters) – World Bank President Ajay Banga said on Wednesday interest rates will likely stay higher for longer and complicate investments for companies …
(Reuters) – Federal Reserve Governor Michelle Bowman on Saturday repeated her view that inflation continues to be too high despite “considerable” progress in lowering it, …
SEOUL (Reuters) – South Korea’s central bank governor said there was a high possibility interest rates would stay higher for longer and there was a …
By Amina Niasse NEW YORK (Reuters) – U.S. mortgage interest rates rose to the highest since November 2000 last week, helping to drive home loan …
By Bansari Mayur Kamdar (Reuters) – Exchange-traded funds tracking automakers saw net outflows last month on worries over the United Auto Workers’ (UAW) strike against …
By Swati Bhat MUMBAI (Reuters) – India’s monetary policy committee is widely expected to keep key rates on hold when it announces its decision on …
By Stefanno Sulaiman JAKARTA (Reuters) – Bank Indonesia could maintain price stability with past rate hikes, a deputy governor said on Wednesday, signalling policy rates …
By Elena Fabrichnaya MOSCOW (Reuters) -Russia will probably need to keep interest rates high throughout 2024, the Bank of Russia’s Deputy Governor Alexei Zabotkin said …
BUDAPEST (Reuters) – Hungary’s government has asked banks to impose a voluntary cap on interest rates on new loans for households and companies from Oct. …
SYDNEY, Oct 3 (Reuters) – Following is the text of the Reserve Bank of Australia’s statement on Tuesday after its monthly monetary policy meeting. At …
(Reuters) – Federal Reserve Vice Chair for Supervision Michael Barr on Monday said the U.S. central bank should proceed “carefully” on monetary policy, adding that …
LONDON (Reuters) – As the final stretch of the year approaches, there’s relief in markets that the sharpest global monetary tightening cycle in decades is …
By Anant Chandak BENGALURU (Reuters) – Australia’s central bank will hold its key interest rate steady at 4.10% on Tuesday but hike it to a …
By David Milliken LONDON (Reuters) – More Britons made enquiries with estate agents about potential house purchases over the past four weeks as mortgage rates …
By Lewis Krauskopf, David Randall and Carolina Mandl NEW YORK (Reuters) – As the Federal Reserve’s hawkish stance boosts Treasury yields and slams stocks, some …
By Marc Jones LONDON (Reuters) -Higher interest rates and a near stalling of Europe’s economy will put pressure on the credit ratings of the region’s …
By Ann Saphir (Reuters) -A “soft landing” for the U.S. economy is more likely than not, Minneapolis Federal Reserve Bank President Neel Kashkari said on …
By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England has concluded its tightening cycle and will likely keep the Bank Rate at 5.25% until …
By Leika Kihara TOKYO (Reuters) – The Bank of Japan may hold off on ending negative interest rates until around April next year to gauge …
PARIS (Reuters) – The European Central Bank has reached the point where it needs to be wary of raising interest rates too high and should …
By Vuyani Ndaba JOHANNESBURG (Reuters) – The Bank of Ghana is expected to complete its hiking cycle later on Monday as its economy shows signs …
By Anant Chandak and Susobhan Sarkar BENGALURU (Reuters) – Thailand’s central bank will leave its key policy rate unchanged at 2.25% on Wednesday and likely …
(Reuters) – Canadian Prime Minister Justin Trudeau expects interest rates are going to start coming down by the middle of next year, in-line with recent …
By Sinéad Carew (Reuters) – Shares in real estate companies fell on Friday, adding to a massive sell-off the previous day, when bond yields jumped …
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Friday said that while the recent drop in inflation and the gradual rebalancing of …
(Reuters) – Billionaire investor Bill Ackman said he believed 30-year interest rates would rise further, while his Pershing Square Capital Management hedge fund remains short …
TOKYO (Reuters) – The Bank of Japan maintained ultra-low interest rates on Friday and its dovish guidance on future monetary policy, signalling it is in …
By Sergio Goncalves LISBON (Reuters) -Portugal’s government said on Thursday that banks must discount the benchmark six-month Euribor rate by 30% when calculating mortgage interest …
LONDON (Reuters) – In a big day for central banks across Europe on Thursday, Switzerland shocked markets by leaving its interest rates unchanged, while Sweden …
By Davide Barbuscia and David Randall NEW YORK (Reuters) – The Federal Reserve’s plans for a prolonged period of elevated interest rates could continue pressuring …