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interest rate hike
Concern Over Further Interest Rate Hikes Linked to Slowdown in Condo Market: Report
The prospect of further interest rate hikes is casting doubts among Canadian homebuyers, according to a recent Re/Max report. This development signals the conclusion of a short-lived resurgence in condominium ...
October 4, 2023
BY
Andrew Chen
Aussie Students Dive Into Pockets to Beat HECS Interest Rise
University students raced to fork out more money to pay off their student debts to try to beat ...
June 2, 2023
BY
AAP
Capitol Report: Will Possible Arrest Help Trump in 2024 Election Bid? Fed Raises Interest Rates Again
In another delay in New York’s probe into former President Donald Trump, the grand jury is on standby ...
March 22, 2023
BY
Steve Lance
Poilievre Says Cost of Government Behind Inflation as Central Bank Raises Rate
Conservative Leader Pierre Poilievre said the cost of government is driving up the cost of living for Canadians, ...
January 25, 2023
BY
Andrew Chen
Fed Announces Smaller Half-Point Hike to Fight Inflation and Latest Summary of Economic Projections
The Federal Reserve announced a smaller 0.50 percentage point rate hike on Dec. 13, as expected, as it ...
December 15, 2022
BY
Bryan Jung
Goldman Sachs Sees Significant Decline in US Inflation Next Year
Economists at Goldman Sachs Group (GSG) are predicting that the present surge in U.S. inflation will significantly decline ...
November 15, 2022
BY
Bryan Jung
60 Percent of Canadians Worried About the Impact of Interest Rate Hikes: Survey
As Canada braces for another interest rate hike and a potential recession, a survey shows that 60 percent ...
October 25, 2022
BY
David Wagner
Home Prices Cooled Down at Fastest Pace in ‘History of the Index’
U.S. home prices decelerated at a record pace in July, despite remaining elevated compared to a year back, ...
September 27, 2022
BY
Naveen Athrappully
China’s Central Bank Slashes Key Rates as Economic Slump Deepens
The People’s Bank of China (PBOC) surprised markets by cutting a key interest rate for the second time ...
August 15, 2022
BY
Naveen Athrappully
Capitol Report (July 27): Fed Hikes Rate to Slow Inflation; US, Russia Top Diplomats Set to Meet
President Joe Biden is back in the Oval Office after quarantining for nearly a week. Now, on the ...
July 27, 2022
BY
Steve Lance
Behind China and Hong Kong’s Different Responses to US Interest Rate Hikes
News analysis Amid soaring inflation, mainland China and Hong Kong central banks chose to respond in opposing ways ...
July 3, 2022
BY
Kathleen Li
Chances of US Recession at 85 Percent, S&P Has Fallen 20 Percent From High in 2022: JP Morgan
Analysts at JP Morgan have predicted an 85 percent chance that the United States will enter a period ...
June 17, 2022
BY
Naveen Athrappully
Capitol Report (June 15): GOP Flips South Texas Congressional Seat; Biggest Rate Hike in 28 Years
The Federal Reserve raised its key interest rate by three quarters of a percent, the largest rate hike ...
June 15, 2022
BY
Steve Lance
European Central Bank Promises ‘Flexibility’ in Managing Balance Sheet Amid Debt Crisis Fears
The European Central Bank (ECB) tried to calm fears of a debt crisis following an emergency policy meeting ...
June 15, 2022
BY
Naveen Athrappully
Fed Official Says 0.75 Point Interest Rate Hike Cannot Be Ruled Out
Cleveland Federal Reserve Bank President Loretta Mester recently said that she can't rule out the possibility of a ...
May 11, 2022
BY
Naveen Athrappully
European Central Bank Pledges to End Bond Buying Soon
The European Central Bank (ECB) has pledged to end its bond-buying activities in a few months as the ...
April 14, 2022
BY
Naveen Athrappully
New Zealand Central Bank Hikes Interest Rates by Highest in Over Two Decades
The Reserve Bank of New Zealand (RBNZ) has raised its official cash rate (OCR) by 50 basis points ...
April 13, 2022
BY
Naveen Athrappully
The Pros and Cons (Mostly Cons) of the Interest Rate Increase
On March 16, money became more expensive. Any time you buy something on credit, you are essentially “buying” ...
April 8, 2022
BY
Kent McDill
Cleveland Fed’s Mester Calls for Frontloading Rate Hikes, Sees Rise to 2.5 Percent in 2022
Cleveland Federal Reserve Bank President Loretta Mester on Tuesday said she would like to raise interest rates to ...
March 24, 2022
BY
Reuters
Fed’s Slow Pace on Interest Rate Hikes Will Lead to More Inflation and Then Recession
Commentary At their March meeting, the Federal Reserve decided to raise interest rates a meager 0.25 percent. That ...
March 19, 2022
BY
Michael Busler
Global Response by Central Banks to Ukraine Crisis Not Required: Head of Australian Reserve Bank
The governor of the Reserve Bank of Australia (RBA), Phillip Lowe, doesn’t believe a global coordinated financial response ...
March 13, 2022
BY
Rebecca Zhu
Federal Reserve Will Raise Interest Rates Nine Times: JP Morgan
The Federal Reserve is likely to raise interest rates nine times consecutively as policymakers attempt to rein in ...
February 22, 2022
BY
Naveen Athrappully
Port Congestion Worsens as Omicron Variant Exacerbates Global Supply Chain Crisis
Omicron outbreaks have exacerbated shipping congestion across the globe, with major Chinese and U.S. ports affected. Experts forecast ...
January 24, 2022
BY
Frank Yue
and
Winnie Han
How Rate Hikes May Trigger a Recession
Commentary The history of economic development can't be understood without the importance of recession periods. Recessions are often ...
January 24, 2022
BY
Daniel Lacalle
Emerging Economies Must Take Precautionary Measures Against US Rate Hikes: IMF
Emerging economies across the world must prepare for interest rate hikes in the U.S. based on their circumstances ...
January 11, 2022
BY
Naveen Athrappully
Sticky Inflation, Job Market Tightening Will Push Fed to Boost Rates 4 Times in 2022: Goldman Sachs
Inflation running hotter for longer and further labor-market tightening will force the Federal Reserve to boost interest rates ...
January 10, 2022
BY
Tom Ozimek
Low Interest and Mortgage Rates Incentivize Buyers—But What About the Future?
News Analysis Anticipation of higher interest and mortgage rates in 2022 provides an incentive to buy now, although ...
December 29, 2021
BY
Lee Harding
TOP NEWS
US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
4hr
By
Kimberly Hayek
Company Disputes New Jersey’s Claim About ‘Serious Software Error’ That Added Noncitizens to Voter Roll
4hr
By
Timothy Frudd
Here’s Who Won Key House Primaries in Arizona
5hr
By
Nathan Worcester
FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
7hr
By
Kimberly Hayek
Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
9hr
By
Travis Gillmore
124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
9hr
By
Arthur Zhang
Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
9hr
By
Epoch Video
The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
9hr
By
Sheramy Tsai
Senate Panel Advances Bill to Make Hospitals Compete on Price
10hr
By
Lawrence Wilson
House Adopts Budget Blueprint for $95 Billion Reconciliation Package
11hr
By
Jackson Richman