Inflation’s up again in the U.S. while the EU is edging closer to its target. That brings the ECB to a bit of a fork in the road.
The Fed is determined not to reduce interest rates too soon, experts say — a mistake the central bank has made in the past.
David Koch, the former host of Sunrise who is now Compare the Market's economic director, has issued a warning to mortgage holders tempted by the prospect of a lower home loan rate.
The results from JPMorgan, Wells Fargo, and Citigroup mark the start of earnings season for America's banks as investors watch for signs of how high interest rates are affecting lenders.
As inflation cools, Australians will look to international inflation indicators for signals on whether the Reserve Bank might lower interest rates. The United States’ consumer price index, which will drop by Wednesday, is expected to increase 0.3 per cent on headline and core measures, CommSec economists Ryan Felsman and Craig James say. China is also […]
JPMorgan Chase, the nation's largest lender, kicks off earnings for the industry on Friday, followed by Bank of America and Goldman Sachs next week.
The European Central Bank signalled Thursday it could cut interest rates at its next meeting in June, a big step as the rich world's central banks, including the U.S. Federal Reserve, wrestle with how soon declining inflation will let them lower credit costs for business and consumers. The bank left
HOPES are fading that the Bank of England will soon lower rates and take the pressure off squeezed Brits. Megan Greene, one of the Bank’s rate-setters, yesterday said that interest rate cuts “shoul
Jamie Dimon, the boss of JPMorgan Chase, said rates could climb due to
Consumers face the prospect of permanently higher interest rates amid geopolitical tensions and “slower globalisation”, a Bank of England official has warned.]]>
Kristalina Georgieva also cautions of danger of ‘tepid twenties’ – a decade of sluggish economic growthBusiness live – latest updatesUK politics – latest updatesThe world’s leading central banks must resist calls from politicians for early interest rate cuts amid concerns over stubbornly high inflation on both sides of the Atlantic, the head of the International Monetary Fund has urged.Kristalina Georgieva said high inflation across advanced economies was “not fully defeated” and could require a...
Markets think the Bank of England will cut interest rates just twice in 2024 reflecting concerns around the persistence of inflation.