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interest rate hikes
Ontario Premier Doug Ford Joins BC Premier’s Call to End Rate Hikes
Ontario Premier Doug Ford has written to the Bank of Canada (BoC), echoing B.C. Premier David Eby's call to stop raising interest rates. “Ontario families and businesses are struggling to ...
September 4, 2023
BY
Marnie Cathcart
Economists See Bank of Canada Holding on Rates After Surprise GDP Contraction
Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank ...
September 1, 2023
BY
The Canadian Press
Australia’s Official Cash Rate Remains Steady for 2nd Month
The Reserve Bank of Australia (RBA) has held off on its interest rate hiking cycle for another month ...
August 1, 2023
BY
Alfred Bui
US Consumer Sentiment Jumps to Four-Month High on Debt-Cap Deal
Declining fears over inflation lifted American consumers' spirits this month. U.S. consumer sentiment reading rebounded in June following ...
June 16, 2023
BY
Bryan Jung
Australian Leading Financial Expert Calls For Better Solutions to Inflation
One of Australia’s leading financial experts, Mark Bouris, has called for better solutions to tame high inflation, expressing ...
June 13, 2023
BY
Sophia Jiang
Australia’s Official Cash Rate Could Rise to 4.85 Percent: Economists
Australian borrowers have been hit with 12 interest rate hikes since the Reserve Bank of Australia (RBA) embarked ...
June 9, 2023
BY
Alfred Bui
Australia’s Official Cash Rate Rises to 4.1 Percent in June
Australian borrowers have been hit with another round of interest rate hikes after the Reserve Bank of Australia ...
June 6, 2023
BY
Alfred Bui
Mortgage Demand Declines as Rates Continue to Rise
Demand for mortgages dropped as interest rates rose to new highs, with both purchase and refinance mortgage applications ...
May 18, 2023
BY
Naveen Athrappully
Reserve Bank of Australia Holds Off Interest Rate Rise in April
The Reserve Bank of Australia (RBA) has decided to pause its interest rate hiking cycle in April, providing ...
April 4, 2023
BY
Alfred Bui
Toronto-Area Home Prices Down 18% From Last February, Sales Halved: Board
Greater Toronto Area home prices fell almost 18 per cent from last February as the number of properties ...
March 3, 2023
BY
The Canadian Press
Softened Growth in December Quarter Sparks Concerns About Australia’s Economic Health
The drop in economic growth in the December 2022 quarter has raised concerns about Australia's economic outlook as ...
March 2, 2023
BY
Alfred Bui
New Zealand Raises Interest Rate to 4.75 Percent, Eating Into Housing Affordability
New Zealand’s central bank has raised the official cash rate (OCR) by another 50 basis points to 4.75 ...
February 22, 2023
BY
Rebecca Zhu
Fed Policymakers Foresee Need for More Rate Hikes to Control Inflation
Multiple Federal Reserve policymakers are expecting interest-rate hikes to continue, albeit at a smaller magnitude, as the central ...
January 19, 2023
BY
Naveen Athrappully
Interest Rate Hikes to Push Australian Banks’ Earnings by 20 Percent in 2023: Goldman Sachs
Financial analysts have forecasted a booming year for Australian banks in 2023 as they allegedly exploit a loophole ...
January 17, 2023
BY
Alfred Bui
Reserve Bank of Australia Warns of More Rate Hikes in 2023 but Leaves All Options Open
The Reserve Bank of Australia (RBA) has stated it will put a range of interest rate decisions on ...
December 21, 2022
BY
Alfred Bui
Economy to Grow Slower, Inflation ‘Far Too High’: Fed’s Williams
John Williams, president of the Federal Reserve Bank of New York, is expecting America’s economic growth to slow ...
November 30, 2022
BY
Naveen Athrappully
Taiwan’s Exports to China Hit New Low as Chinese Economy Weakens
In October, Taiwan’s exports to mainland China and Hong Kong fell 9.2 percent from a year earlier, the ...
November 16, 2022
BY
Rita Huang
and
Sean Tseng
The Global Rate Hikes Strike the Wall of Debt Maturity
Commentary More than 90 central banks worldwide are increasing interest rates. Bloomberg predicts that by mid-2023, the global ...
November 7, 2022
BY
Daniel Lacalle
Mortgage Demand Slumps to 25-Year Low as Rates Climb
Demand for mortgages has fallen to a multi-decade low amid rising interest rates that have hit record levels, ...
October 20, 2022
BY
Naveen Athrappully
World’s Most Expensive Housing Market, Transactions at Three-Decade low
Hong Kong, the world's most expensive residential market, is facing a downward trend as it drops out of ...
October 19, 2022
BY
Ruth Lee
OPEC+ Weighs Biggest Output Cut Since 2020; UK Makes U-Turn on Tax Cuts Amid Backlash | NTD Business
The U.N. is warning the world's central banks their efforts to fight inflation by raising interest rates risk plunging the ...
October 3, 2022
BY
Paul Greaney
TOP NEWS
US Forces Strike Iranian Military Infrastructure in 12th Consecutive Night of Attacks
NEW
By
Kimberly Hayek
Here’s Who Won Key House Primaries in Arizona
NEW
By
Nathan Worcester
FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
3hr
By
Kimberly Hayek
Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
4hr
By
Travis Gillmore
124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
5hr
By
Arthur Zhang
Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
5hr
By
Epoch Video
The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
5hr
By
Sheramy Tsai
Senate Panel Advances Bill to Make Hospitals Compete on Price
6hr
By
Lawrence Wilson
House Adopts Budget Blueprint for $95 Billion Reconciliation Package
7hr
By
Jackson Richman
House Passes Congressional Stock Trading Ban
7hr
By
Jackson Richman
and
Nathan Worcester