Rates
Danske’s net income rises 9% helped by higher interest rates
Danske Bank posted a 9 per cent advance in first-quarter net income, roughly in line with analyst expectations, as higher interest rates improved profitability at Denmark’s largest lender.Profit by...
US: Wall St opens higher after Fed leaves interest rates alone
Wall Street’s main indexes opened higher on Thursday (May 2), a day after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes, with focus...
UK house prices fall again after mortgage rates creep higher
UK HOUSE prices fell at the sharpest pace in eight months after the cost of mortgages crept higher, one of the country’s biggest lenders said.The Nationwide Building Society estimated...
Bank of Japan keeps rates steady, projects inflation staying near 2% in coming years
THE Bank of Japan kept interest rates unchanged on Friday and issued fresh estimates projecting inflation to stay near its 2 per cent target in the next three years,...
Australian inflation boosts case for higher-for-longer rates
AUSTRALIA’S inflation came in faster than expected in the first three months of 2024, suggesting price pressures are proving sticky and reinforcing the case for the Reserve Bank of...
Bank of Japan to hold rates with focus on hawkish signals to buoy yen
THE Bank of Japan (BOJ) is widely expected to leave its benchmark interest rate unchanged on Friday (Apr 19), with investors focusing on any hints of a less dovish...
Chinese banks hold lending rates with yuan under pressure
BANKS in China maintained their benchmark lending rates on Monday (Apr 22), following the Chinese central bank’s recent decision to stand pat on monetary policy.The one-year loan prime rate...
Federal Reserve will cut interest rates at some point, but no hurry, says Mester
CLEVELAND Federal Reserve Bank Loretta Mester on Wednesday said that she expects price pressures to ease further this year, allowing the Fed to reduce borrowing costs, but “we want...
