Tag #Interest Rates

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pda.kp.ru
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Russian Banks Cut Deposit Rates Amidst Central Bank's Stable Key Rate

Several major Russian banks, including Sber, VTB, Sovcombank, and Alfa-Bank, recently lowered interest rates on ruble deposits, following the Central Bank's decision to maintain the key rate at 21% in December 2024 due to slowing inflation and an absence of economic shocks; further rate decreases ar...

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cnbc.com
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Global Rate Cuts Contrast with Strong Dollar, Impacting U.S. Companies

The Bank of England cut interest rates by 0.25% on Thursday, contrasting with the uncertain U.S. monetary policy; Amazon's revenue was negatively impacted by a strong dollar, while European markets hit record highs.

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44% Bias Score

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theglobeandmail.com
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US Job Growth Slows, Unemployment Remains Low

U.S. job growth unexpectedly slowed to 143,000 in January, lower than anticipated, but the unemployment rate held steady at 4.0 percent, possibly delaying Federal Reserve interest rate cuts until June. This follows a strong December and is partially due to data revisions.

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44% Bias Score

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cnbc.com
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Kashkari Predicts Lower Interest Rates in 2024 Pending Positive Economic Data

Minneapolis Federal Reserve President Neel Kashkari anticipates lower interest rates in 2024 if economic data remains positive, despite some colleagues' concerns about potential inflationary effects from fiscal policy uncertainties like tariffs.

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40% Bias Score

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cbsnews.com
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Favorable Home Equity Loan Rates This February

Home equity loan interest rates are down about half a percentage point from last February, averaging 8.57% on February 7th, 2024, but are showing signs of increasing, making this February a potentially opportune time to lock in a low rate due to rising inflation and a lull before the next Federal Re...

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bbc.com
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Bank of England cuts interest rates, impacting borrowers and savers differently

The Bank of England cut interest rates from 4.75% to 4.5% on Thursday, potentially reducing borrowing costs but also lowering returns on savings; this has a varied impact on individuals, with some seeing only small mortgage increases while others face much larger ones.

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40% Bias Score

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theglobeandmail.com
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US-Canada Trade Dispute Impacts Canadian Mortgage Rates

A threatened trade war between Canada and the U.S. caused five-year fixed mortgage rates to drop to 3.89 percent, a 2½-year low, but a temporary tariff delay offered some relief; the Bank of Canada's response will influence future rates.

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48% Bias Score

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cnbc.com
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Japan's Household Spending Soars, Boosting Case for BOJ Rate Hike

Japan's real household spending rose 2.7% year-on-year in December 2024, exceeding expectations and marking the first increase since July 2024; average spending reached \$2,332, while average monthly income rose to 1,179,259 yen, strengthening the case for another interest rate hike by the Bank of J...

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dailymail.co.uk
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UK Growth Forecast Halved Amid Stagflation Fears, Labour Holds Secret Crisis Meeting

The Bank of England slashed its UK growth forecast to 0.75 percent, warned of rising inflation to 3.7 percent, and hinted at stagflation, forcing a crisis meeting of Labour ministers who plan to keep details secret, sparking criticism from the opposition.

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cnbc.com
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Inflation Data to Determine Market Stability Amidst Trade Uncertainty

Next week's inflation reports (CPI and PPI) are crucial, as January's jobs report revealed stronger wage growth and decreased consumer sentiment, raising inflation concerns and impacting Treasury yields; markets are also wary of further trade policy shifts.

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48% Bias Score

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dailymail.co.uk
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Bank of England Base Rate Cut Brings Mortgage Relief

The Bank of England cut the base rate by 0.25 percentage points to 4.5 percent on February 22, 2024, offering relief to homeowners with tracker mortgages who could see annual payments fall by almost £350 on a £200,000 mortgage, while lenders like Santander will pass on the reduction from March 3; fu...

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theguardian.com
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Bank of England to Cut Rates, Downgrade Growth Forecast

The Bank of England is expected to cut interest rates to 4.5% on Thursday and lower its 2025 GDP growth forecast to around 1%, impacting Chancellor Rachel Reeves's budget plans and potentially leading to spending cuts.

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44% Bias Score

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Showing 625 to 636 of 1,251 results