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.
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...
A recent market study conducted by New Zealand's Commerce Commission has
The Bank of Japan has decided to keep its monetary policy framework unchanged, as widely expected. The central bank held its interest rate settings steady, while it dropped a reference to buying roughly the same amount of government bonds as previously. Haslinda Amin reports on Bloomberg Television.
Israel Discount Bank of New York reduced its position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 3.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,749 shares of the home improvement retailer’s stock after selling 68 […]
Air New Zealand has agreed a deal to buy 2.4 million gallons of sustainable
The central bank said it had found deficiencies in the private bank’s information technology system.
On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the March PCE report that showed the yearly PCE inflation rate increasing with the annual core rate holding steady along with
In recent years, the rightful rejection of the policies promoted by the traditional imperialist powers (North America, Western Europe and Japan), followed by the announcements made by the BRICS (Brazil, Russia, India, China and South Africa), have aroused great interest and expectations of major changes, including the creation of a common currency to challenge the More
Video is circulating of the heroic moment a group of Anzac Day dawn service attendees joined together to lift and move a small car preventing the memorial from starting.
On today’s Where’s It Wednesday, Marcus & Natalie discover the enchanting wonders of Rotorua, New Zealand – where geothermal marvels meet cultural richness, offering adventures from ziplining through ancient forests to indulging in steam-cooked delicacies. Sponsored by Father & Son Jewelry © 2024 KOBI-TV NBC5. All rights reserved unless otherwise stated.
Mercadona boosts investment in PortugalSpanish supermarket chain Mercadona is planning to inject €180mln into its Portuguese subsidiary to fund continued expansion plans in the country