Tag: interest rates
Little Relief in Sight After Fed Decides to Hold Interest Rates Steady
On Nov. 1 (Wednesday), the U.S. Federal Reserve announced it would be holding rates steady at 5.25 to...
Risk of Deflation in China Raises Concerns for the Global Economy
As economies in the west raise interest rates in an attempt to reign in historic levels of inflation,...
Overleveraged Housing Speculators Default as America Flirts With Recession
What goes up must inevitably come down, housing market speculators who overleveraged during the Coronavirus...
Small Businesses Going Bankrupt 73% Faster Than Beginning of COVID Crisis
Another dark omen for the United States economy is manifesting: small business bankruptcy rates are now...
US Import Prices Drop in Hopes of Easing Inflation
WASHINGTON, United States — U.S. import prices fell for a fifth straight month in November, pulled down...
Sri Lankan Central Bank Threatens Administrative Measures to Bring Down Market Rates
COLOMBO, Sri Lanka — On Thursday, Nov. 24 Sri Lanka's central bank threatened administrative intervention...
New Zealand to Deliver Record-High Interest Hike Amid Persisting Inflation
WELLINGTON, New Zealand — New Zealand's central bank said on Tuesday, Nov. 22 that it expects to deliver...
Investors Worry About Hiring Outlook, Spending Before US Earnings
NEW YORK (Reuters) — The outlook for jobs and spending may be chief among concerns for investors heading...
Governments Hemorrhaging Foreign Reserves as Geopolitical Tensions Strain Global Economy
Governments and central banks are burning through their cache of foreign reserves at an unprecedented...
Goldman Hikes Third-Quarter GDP Growth Estimate to 1.9%
NEW YORK (Reuters) — Global investment firm Goldman Sachs boosted its third-quarter GDP growth estimate...
Wells Fargo CFO Says There Will Be Stress as Economy Slows
Wells Fargo & Co is seeing loan growth moderating after strong growth so far this year and witnessing...
Curtains Drawing on Runaway Rise in Global Housing Prices: Poll
A runaway surge in global house prices is drawing to a close as interest rates rise along with the cost...