BOJ Jun. Rate Hike Likely
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Despite the RBI keeping the repo rate unchanged, several factors suggest banks may increase fixed deposit rates soon. Rising inflation, a high deposit-credit ratio, and attractive small savings schemes are pushing banks to offer better returns to attract investors after a period of low FD rates.
Gold prices ​fell on Friday, and were poised for a weekly loss, as ‌tensions in the Middle East dampened hopes for a U.S.-Iran peace deal amid rising inflation and interest rate-hike fears.
Americans feeling the weight of current cost of living have likely been waiting and hoping for the Federal Reserve to issue the interest rate cuts that would lead to diminished costs. Despite hopes, it looks like the Fed may actually raise interest rates again before the end of 2026.
Barings Corporate Investors (MCI) hold: valuation improves, but risks rise. 9% yield may be cut; rates and loan defaults threaten NAV. Read the full analysis here.
The Japanese yen continued its downward spiral today as the US dollar crash gained steam and as economists predicted that the BoJ will hike interest rates twice this year. The USD/JPY exchange rate jumped to 159.88, its highest point since April 30th. It has now nearly completed its recovery since the BoJ intervened in April.
It ain’t pretty. Kevin Warsh’s first week as Federal Reserve Chair comes packed withhawkish expectations both inside and outside the central bank that geopolitical and economic factors may cause the Fed to raise the benchmark Federal Funds Rate sooner than later instead of a long-expected cut to
A mortgage interest rate lock before the June Federal Reserve meeting starts may make sense for borrowers. Here's why.
This rate hike again highlights that the property market has always moved through cycles, and interest rate fluctuations always highlight the need to factor in possible rate hikes, says Seeff. Home owners with mortgage bonds and prospective buyers will need to adjust their budgets.
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'One more rate hike': Major bank warns of economic tightrope
The impacts of the current economic climate will be damaging and far-reaching, an economist warns.