Interest Rates

Key Fed official slams U.S. tax cuts for imperiling economy

NEW YORK (Reuters) - One of the Federal Reserve's most influential members on Thursday offered a point-by-point critique of U.S. President Donald Trump's sweeping tax cuts, warning they put the country on an unsustainable fiscal path that will imperil the economy's stability down the road.<p>New York …

Economy

FTSE seals weekly gain as pound dips

LONDON (Reuters) - Britain’s major stock index climbed on Friday at the end of a busy week of central bank meetings, reversing earlier losses thanks to a sliding pound and buoyant oil stocks.<p>The FTSE 100 edged up 0.6 percent, closing the week up 1.2 percent, having hit its highest level in a month …

Economy

6 Dividend Growth Stocks to Stay Ahead of Rising Interest Rates

For years, America’s low-interest-rate environment has pushed income hunters out of bonds and into other cash-producing investments – namely, …

Stocks

How Irish households are most at risk in Europe from ECB rate hike

The Economic and Social Research Institute (ESRI) warned that a so-called normalisation of monetary policy in the Eurozone - by unwinding policies …

Economy

November saw a surge in D-FW home "sold" signs

North Texas home sales soared in November - the second month in a row of double-digit percentage gains from the same month in 2016.<p>More than 8,600 …

Business

Take Five: World markets themes for the week ahead

LONDON (Reuters) - Following are five big themes likely to dominate the thinking of investors and traders in the coming week and the Reuters stories …

Economy

PBOC expert cautions central banks against too low for too long interest rates

SHANGHAI (Reuters) - A senior Chinese researcher has urged central banks to adopt monetary policies that do not encourage markets to expect the …

Economy

The Real Reason Yellen Is Raising The Federal Funds Rate

<i>By</i> <i>Alexander Green</i><i>, Chief Investment Strategist,</i> <i>The Oxford Club</i><p>Last week, Federal Reserve Chairwoman Janet Yellen announced that the central bank …

Economy

China cracks down on online micro-lending firms with new rules

BEIJING (Reuters) - China's financial regulators on Friday circulated new rules to local governments targeting a rampantly growing online …

FinTech

Fed officials fret over yield curve, warn on pace of hikes

LITTLE ROCK, Ark./MCALLEN, Texas (Reuters) - Two Federal Reserve policymakers urged caution in raising interest rates on Friday, saying that the flattening of the yield curve was a signal that the central bank should proceed slowly.<p>The Fed is likely to raise interest rates when it meets in December …

Economy

Europe's central banks warn about bubbles critics say they helped create

FRANKFURT (Reuters) - Three of Europe's top central banks raised warning signals on Wednesday about the risk of financial bubbles that their ultra-easy monetary policies are blamed for creating.<p>The European Central Bank, Germany's Bundesbank and Denmark's Nationalbank highlighted pockets of …

Economy

Bank of England deputy says Brexit cannot delay rate hikes

The Bank of England cannot be expected to delay interest rate hikes in light of Brexit, a deputy governor has warned.<p>Ben Broadbent - a member of the …

Economy

Interest rates give Prudential a boost

The new business sector profit rose 17 per cent to £2.47bn for the first nine months of the year. Asia churned out the largest slice, rising 15 per …

Finance

Brexit does not necessarily mean lower interest rates says Bank of England deputy

The Brexit process will not necessarily force the Bank of England to lower interest rates, according to one of its influential deputy governors.<p>The …

Economics

First homebuyers in Australia among big winners as rate competition heats up

First homebuyers are set to be big winners as lenders compete on interest rates. Up to 30 providers have already made at least one variable rate cut …

Mortgages

Fed should stand pat on interest rates for now: Bullard

LOUISVILLE, Ky. (Reuters) - The Federal Reserve should keep its benchmark interest rate at current levels until there is an upswing in inflation, St. …

World Economy

Europe vulnerable to next economic downturn

Europe faces a serious problem. Although economic activity has recently increased, the eurozone has lost the ability to respond to the next downturn …

Economy

Central banks struggle to adjust to life without the big guns

FRANKFURT (Reuters) - As financial markets come to terms with the end of cheap money being pumped into the system, central bankers must learn again …

Economy

Bank Of England Raised Interest Rates, With More To Come; Look For A Reversal Of Quantitative Easing

Inflation at 3% in United Kingdom, forcing the BoE to move.<p>Quantitative easing should be reversed to quell future inflation.<p>The overall economy is …

Economy

Data Brand Dependence

If it is a day ending in “y” you can be sure there is somewhere in the financial press a story or “news report” of the looming bond selloff – even if …

Economy

Why Higher Interest Rates Are Good for Bank Stocks

When interest rates are rising, banks are happy.<p>The Federal Reserve has raised interest rates in both of the last two Decembers, and it seems …

Investing

How fast will UK interest rates rise? (Podcast cut)

How quickly does the Bank of England think that the base rate will rise after its first move up? Simon Lambert looks at the figures and outlines the …

Economy

You’ll really want to book a holiday to New Zealand after reading this

Since then the Aussie dollar has fallen like Donald Trump’s approval rating. That means we lost five per cent of our LA buying power and New York is …

New Zealand

Analysts watch for ’catalysts for correction’ as market valuations hit levels not seen since before two historic crashes

Soaring stock market valuations on both sides of the Atlantic are stoking fears of a looming correction as valuations hit levels not seen since the …

Economy

Analysts watch for ’catalysts for correction’ as market valuations hit levels not seen since before two historic crashes

Soaring stock market valuations on both sides of the Atlantic are stoking fears of a looming correction as valuations hit levels not seen since the …

Economy

Reserve Bank holds interest rates at record low 1.5 percent for 15th straight month

<b>The Reserve Bank of Australia has kept the official cash rate at a record-low 1.5 percent.</b><p>The decision to keep interest rates on hold for the 15 …

Economy

Interest Rates: Not Going Back To 'Normal' Anytime Soon

<i>Interest rates are set to move higher, but as Russ explains, we are still a long ways away from the long-term average of 6% 10-year Treasury …

Economy

RBA expected to keep rates on hold

The Reserve Bank of Australia is expected to leave interest rates unchanged for the 15th month in a row on Tuesday, as it considers recent data that …

Economy

HERE COMES THE RBA INTEREST RATE DECISION...

Photo: Robert Cianflone/ Getty Images.<p>The Reserve Bank of Australia (RBA) is about to announce its November interest rate decision.<p>While no one …

Economy

DA accuses Treasury of withholding details of higher interest rates on SAA loans

Business (South Africa)