Category: rates
-
Federal Reserve Cuts Interest Rates by 50 Basis Points to Address Economic Uncertainty
•
The US Federal Reserve today made a major decision to cut interest rates by 50 basis points, reducing the federal funds rate range to 4.75% – 5%. The move, the first major cut in more than four years, reflects concerns about the state of the US economy, despite the continued…
-
Bank of England faces pressure to cut rates as job vacancies and factory output decline
•
The Bank of England is facing increasing pressure to cut interest rates this week as signs of a slowing economy emerge in job vacancies and industrial production. According to the Recruitment and Employment Confederation, job vacancies fell by 3.2% in August, with nearly 720,000 new advertisements, reflecting a slowing labour…
-
Fitch are forecasting a Bank of Japan rates to 1% (by the end of 2026!)
•
Earlier this week I posted on the Ftich analysts’ site about the FOMC: Fitch says Fed’s next easing cycle will be moderate and slow Fitch Now on the Bank of Japan: The Bank of Japan says it is “resisting the global trend toward monetary easing, raising interest rates more aggressively…
-
China reportedly to cut interest rates on $5 trillion mortgages as soon as this month
•
This is mainly aimed at further lowering borrowing costs and trying to boost consumption activity. China’s domestic demand conditions have suffered greatly since the outbreak of the Covid-19 pandemic and there has been no significant recovery in this area despite the world returning to normal. The report says some banks…
-
Here’s what 14 investment bank analysts are forecasting for US CPI headline and core rates
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
ECB Is Poised to Cut Rates Again in Warm-Up Act for the Fed
•
Breadcrumbs Path Links PMN Business The European Central Bank is likely to cut interest rates on Thursday in preparation for the US move the following week, with the global monetary cycle tilting towards more synchronised easing. Article author: Bloomberg News Craig Sterling and Vince Gull Published on September 07, 2024…
-
Fed pivot, lower rates could be catalysts for ‘Green’ stocks
•
Clean energy has burned many investors when easy money choked, according to Citi Research, but in the near term, a Fed shift and rate cuts could still be a catalyst for the broader green theme. “We are still not broad-based buyers of ‘green’ per se, but we see opportunities within…
-
Jobs report will help Federal Reserve decide how much to cut interest rates
•
Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Christopher Rugaber Published on September 6, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content WASHINGTON (AP) — Friday’s monthly jobs report is…
-
Bank of Canada Cuts Rates by 25bps, Signals More Easing Ahead
•
The Bank of Canada today cut its overnight interest rate target by 25 basis points to 4.25%, marking the second consecutive rate cut in the monetary tightening cycle. This outcome was widely expected, as we discussed in our event guide. The Bank of Canada indicated in its statement the following:…
-
Lower interest rates spark renewed hope for green energy investments
•
Clean energy funds, once the darlings of the investment fund landscape, are expected to see a major resurgence as investors rekindle interest in lower interest rates. After years of rising premiums and growing demand due to environmental, social and governance concerns, the sector has faced headwinds from rising prices and…
-
The next big debate is how low US interest rates will go
•
Here is a useful chart from Apollo showing the rates applied in the US and Eurozone overnight. The dotted lines show market-derived expectations, while the solid lines show some valuable historical context. We know that US interest rates will be cut in September and will continue to fall from there.…
-
South African rand jumps as Fed’s Powell signals lower rates By Reuters
•
JOHANNESBURG (Reuters) – South Africa’s rand jumped on Friday after comments from Federal Reserve Chairman Jerome Powell suggested an interest rate cut next month. At 1520 GMT, the rand was trading at 17.71 rand to the dollar, up 1.82% from its previous close. “The time has come to adjust policy,”…
-
Tax from business profits, asset transfers suppressed despite higher rates
•
Kenya Revenue Authority collections from profits, asset transfers and other business activities have remained in single digits for two consecutive years amid a raft of new and higher taxes. The Kenya Revenue Authority collected Sh488.10 billion from corporate profits from operations and capital gains from transfers of property and shares…
-
Fed’s Schmid: Rates are not overly restrictive, we have time to decide
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
Fed’s Schmid: Rates are not overly restrictive, we have time to decide
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
Japanese rates could trail yen, stock market ahead of Ueda’s testimony By Investing.com
•
Bank of Japan Governor Kazuo Ueda is scheduled to speak to parliament on Friday, facing the delicate task of informing policymakers of possible future monetary policy amid current market volatility. Japanese stock markets have been steadily rising recently, with the index hitting an all-time high, while the yen fell to…
-
Japanese rates could trail yen, stock market ahead of Ueda’s testimony By Investing.com
•
Bank of Japan Governor Kazuo Ueda is scheduled to speak to parliament on Friday, facing the delicate task of informing policymakers of possible future monetary policy amid current market volatility. Japanese stock markets have been steadily rising recently, with the index hitting an all-time high, while the yen fell to…
-
Powell may use Jackson Hole speech to hint at how fast and how far the Fed could cut rates
•
Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Christopher Rugaber Published on August 20, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content WASHINGTON (AP) — Federal Reserve officials say they’re…
-
Evercore ISI screens banks likely to fare better when the Fed cuts rates (NASDAQ:FITB)
•
Richard Drew When the Fed raises interest rates, banks’ net interest income generally rises. So, when the central bank eases monetary policy, it makes sense that banks’ net interest income will fall. But it’s more complicated than that, as Evercore ISI explains. Analyst John Pancari said in a recent note…
-
Evercore ISI screens banks likely to fare better when the Fed cuts rates (NASDAQ:FITB)
•
Richard Drew When the Fed raises interest rates, banks’ net interest income generally rises. So, when the central bank eases monetary policy, it makes sense that banks’ net interest income will fall. But it’s more complicated than that, as Evercore ISI explains. Analyst John Pancari said in a recent note…