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...
The People's Bank of China (PBoC) announced on Monday it will keep its one-year loan prime rate (LPR) unchanged at 3.45%. Additionally, the bank's five-year loan prime rate remained at 3.95%,
The ECB has become "the central bank to be followed," one central bank governor said.
Huw Pill warns inflation could rebound as UK business survey signals economy strengthened over last monthThe prospects of a summer cut in UK interest rates have receded after the Bank of England’s chief economist said inflation must be squeezed out of the economy and cautioned against cutting too soon.After a key survey signalled strong sales across the private sector over the past month and the London stock market rose to a record high, Huw Pill said concerns remained that inflation, which is...
The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports
Stock markets in the Asia-Pacific region traded mostly higher at the start of the week, while Chinese stocks dipped in the negative territory as investors digested the People's Bank of China's (PBoC)
The An Archdemon's Dilemma creditless ending animation showcases the anime's gorgeous theme song - 'Blue Star' -- and shows off some of the sweetest illustrations of Zagan and Nephy together.
The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.
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...
The words 'John Dutton' and 'morality' have a complicated relationship, which isn't exactly surprising given that Yellowstone is riddled with so much murder, betrayal, and chaos. Despite that though, Kevin Costner has created a rule which demands that the Dutton patriarch receives a 'moral death', and we're certain that this provides some substantial hints about the show's overall conclusion. Continue reading Kevin Costner’s rule for John Dutton hints at the...
Electric vehicle registrations rose in recent years despite interest rates also rising. Experts caution Canada's transition to EVs could still be challenging.