Judo Bank now predicts the Reserve Bank will raise interest rates three times in 2024 to levels not seen in 16 years - increasing the average mortgage repayment by $300 a month.The bank's chief economic adviser, Warren Hogan, forecast the key interest rate will rise to 5.1 percent by Christmas, from a 12-year high of 4.35 percent. Rate hikes in August, September and November this year would see the Reserve Bank of Australia's key interest rate reach levels last seen in December 2008 during the...
The Judo Bank is now forecasting the Reserve Bank will raise interest rates three times in 2024. This would see borrowers paying the highest rates in almost 16 years.
Last month, Chipotle Mexican Grill (NYSE: CMG) announced plans for a
CONTRIBUTED CONTENT — A recent class-action settlement by the National Association of Realtors in March brings to light some changes for both home buyers and sellers in the real estate market. Fortunately for buyers and sellers in Utah, most of the required changes are already being done by local realtors. Here are nine things you […]
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CarMax (NYSE:KMX – Get Free Report) was upgraded by research analysts at StockNews.com to a “sell” rating in a report issued on Monday. Other research analysts have also issued reports about the company. Oppenheimer reiterated an “outperform” rating and set a $105.00 price target on shares of CarMax in a report on Tuesday, April 9th. […]
Morgan Stanley is bullish on eBay and bearish on Etsy. Here’s what you need to know.
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The Central Bank of Egypt (CBE) announced an increase in daily cash withdrawal limits, the country’s State Information Service reported on 15 April. Bank branches now allow withdrawals of up to EGP 250,000 (USD 5,170) for individuals and companies – up from EGP 150,000 (USD 3,102) in January 2024. The adjustment, the second of its kind, follows the previous lift from EGP 50,000 (USD 1,034) to EGP 150,000 (USD 3,102). The daily ATM withdrawal limit was also raised to EGP 30,000 (USD 620) from the...
StockNews.com lowered shares of National Bank (NYSE:NBHC – Free Report) from a hold rating to a sell rating in a research report sent to investors on Friday. A number of other brokerages also recently weighed in on NBHC. Piper Sandler lifted their price target on National Bank from $40.00 to $41.00 and gave the company […]
Berenberg Bank reissued their buy rating on shares of JTC (LON:JTC – Free Report) in a research note issued to investors on Tuesday morning, MarketBeat.com reports. The brokerage currently has a GBX 950 ($12.02) target price on the stock. Separately, Shore Capital reaffirmed a buy rating on shares of JTC in a research note on […]