Bank of England raises interest rates for the 14th time
The Bank of England raised interest rates by a quarter of a percentage point Thursday as inflation remains stubbornly high.
1970-01-01 08:00
Janet Yellen: Credit downgrade 'puzzling' and unwarranted'
Janet Yellen defends the US, as stock markets fall after credit downgrade.
1970-01-01 08:00
Pinterest delivers revenue beat on digital ad market rebound
(Reuters) -Image-sharing platform Pinterest beat second-quarter revenue estimates on Tuesday as monthly active users surged and digital advertising rebounded from
1970-01-01 08:00
US economy beats expectations with spring surge
The world's largest economy expanded at an annual rate of 2.4% in the three months to June.
1970-01-01 08:00
European Central Bank hikes rates to highest level since 2000
The European Central Bank raised interest rates by a quarter of a percentage point Thursday, judging that inflation remains too high even as data points to a deepening economic downturn in the 20 countries that use the euro.
1970-01-01 08:00
What to expect from the Fed's decision on rates
The Federal Reserve is expected to announce later on Wednesday that it will raise its benchmark lending rate to the highest level in 22 years.
1970-01-01 08:00
National Australia Bank to change home loan refinancing criteria
National Australia Bank (NAB) on Friday said it would refresh its approach to like-for-like refinancing criteria to help
1970-01-01 08:00
Savers should be cheering higher interest rates. So why are they unhappy?
When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments, while savers are supposed to be rewarded with bigger returns on their deposits. Or so the theory goes.
1970-01-01 08:00
Bank of England hikes rates for 13th time as inflation stays high
The Bank of England raised interest rates by half a percentage point Thursday, after data this week revealed surprisingly stubborn inflation.
1970-01-01 08:00
Turkey hikes interest rates to 15% as Erdogan reverses policy on fighting inflation
Turkey's central bank hiked interest rates to 15% from 8.5% Thursday in a dramatic reversal of its unorthodox policy of cutting the cost of borrowing to tame painfully high inflation.
1970-01-01 08:00
CBA to refinance home loans for borrowers not meeting industry standard
(Reuters) -Commonwealth Bank of Australia on Wednesday launched an alternate assessment rate allowing select borrowers to refinance their loans if
1970-01-01 08:00
European Central Bank hikes interest rates to highest level in 22 years
The European Central Bank raised interest rates by a quarter of a percentage point Thursday and signaled another hike to come next month, unmoved by evidence of a mild recession in the 20 countries that use the euro.
1970-01-01 08:00