Rates
Bank of Canada cuts rates for first time in four years
The Bank of Canada (BOC) on Wednesday (Jun 5) trimmed its key policy rate by 25 basis points to 4.75 per cent, its first cut in four years, and...
Choose bonds over stocks as central banks cut rates, says UBS Wealth Management
UBS’ giant wealth management arm is leaning towards bonds over stocks, arguing that the asset class is set for juicy returns with little risk as central banks cut interest...
Canada’s debt mostly in short term bonds as interest rates reset
Breadcrumb Trail LinksNewsCanadian PoliticsCanadaThis year $414 billion of Canada's $1.4 trillion in debt will be refinanced — all of it at current, higher interest ratesPublished May 21, 2024 • ...
China expected to stand pat on lending rates in May
CHINA is widely expected to hold benchmark lending rates steady on Monday (May 20), a Reuters survey showed, although expectations are growing for a cut in the mortgage reference...
US Fed officials suggest interest rates should stay high for longer
SEVERAL Federal Reserve officials said the central bank should keep borrowing costs high for longer as policymakers await more evidence inflation is easing, suggesting they are not in a...
ABN Amro rides high rates with first-quarter net profit beat
DUTCH bank ABN Amro beat first-quarter profit expectations on Wednesday (May 15), saying it continued to benefit from a high interest rate environment with strong net interest income and...
Oil falls on prospect of higher-for-longer US rates, stronger dollar
Oil prices fell by nearly US$1 a barrel on Friday (May 10) as comments from US central bank officials indicated higher-for-longer interest rates, which could hinder demand from the...
Bank of Japan must avoid raising rates to combat weak yen, says ex-central banker Watanabe
THE Bank of Japan must avoid raising interest rates to combat a weak yen, as higher borrowing costs would hit consumption and services inflation, Tsutomu Watanabe, a former central...
