New Zealand holds key rate, sees policy staying accommodative
The RBNZ’s new forecasts indicate some chance of a quarter-point hike later this year New Zealand’s central bank held interest rates at the lowest level in 3½ years and expects…
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Measles 2026 update: These states are seeing new outbreaks as rate of infections trends upward
It’s only February, and an outbreak of measles infections is already inching toward nearly 1,000 cases in the U.S. this year. Infections are spiking as a result of declining vaccination…
Former Japan currency chief says FX intervention should be backed by rate hikes
Nakao warned that the yen could weaken further if the BOJ was slow to raise interest rates Currency intervention using Japan’s foreign exchange reserves can deliver an immediate…
Australia’s central bank raises cash rate 25bps to 3.85%
Australia’s central bank on Tuesday raised its cash rate by 25 basis points to 3.85 per cent, the first hike in two years, saying the economy was growing faster than expected and…
BOJ summary suggests emerging urgency around timely rate hikes
A SUMMARY of opinions from the Bank of Japan’s (BOJ’s) January policy meeting indicated a growing awareness of the need to raise interest rates in a timely fashion as authorities…
Australia set for U-turn to rate hike in break from global trend
Australia’s central bank faces the uncomfortable prospect of going against the global grain and switching back to raising interest rates this week to douse resurgent inflation,…
Pick Your Dream Fictional Lovers And We'll Rate Your Freak Level From 1-10
Quiz: Your Fictional Crushes Reveal Your Freak Level We all have our own tastes, and that's a beautiful thing. But just how freaky are you? This fictional crush quiz will reveal your exact…
Celebrating the Historically Low Murder Rate
Not only did 2025 see the largest single-year reduction in homicide on record, but the level may now be as low as it has been since 1900. Source link
Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes
A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could have on underlying inflation in deciding when to raise interest rates again,…
U.S. population growth rate dropped in 2025 amid Trump’s immigration crackdown
President Donald Trump’s crackdown on immigration contributed to a year-to-year drop in the nation’s growth rate as the U.S. population reached nearly 342 million people in 2025, according…
Bank of America, Citigroup weigh new cards with 10% rate
Some bank executives have publicly said that they agree with Trump’s focus on affordability Bank of America and Citigroup are exploring options they could offer up as an olive…
JPMorgan’s Dimon warns of ‘economic disaster’ for US as Trump backs credit card rate cap
[DAVOS, Switzerland] JPMorgan Chase CEO Jamie Dimon warned on Wednesday (Jan 21) that a proposal to cap credit card interest rates would amount to economic disaster, while US…
SIA prices S$500 million 10-year notes at 2.7% fixed rate
Flag carrier Singapore Airlines (SIA) has priced S$500 million in 10-year notes at a fixed rate of 2.7 per cent per annum, with proceeds to be used for aircraft purchases and other…
BOJ seen holding rate as yen traders focus on intervention risk
The Bank of Japan is widely expected to keep its benchmark rate unchanged on Friday (Jan 23), offering little immediate support for the yen – and keeping traders on high alert for…
BOJ to signal more rate hikes as yen, politics fuel inflation risks
The Bank of Japan is expected to raise its growth forecast on Friday (Jan 20) and signal its readiness to hike interest rates further, as recent yen falls and prospects of solid wage gains…
ECB on a steady rate path for now but Fed tussle a risk, chief economist warns
The European Central Bank will not debate any rate change in the near term if the economy stays on course, but new shocks, like a potential deviation by the Federal Reserve from its…
Long-term mortgage rate drops to lowest point in more than 3 years
The average long-term U.S. mortgage rate is now down to its lowest level in more than three years. The benchmark 30-year fixed mortgage rate eased to 6.06% this week, down from 6.16% last…
Bilt’s new credit cards to feature 10% interest rate, answering lawmakers’ pleas
Silicon Valley fintech giant Bilt announced an overhaul of its credit cards on Wednesday, which notably will include an introductory rate on all card users’ interest rates at 10% for one…
EXCLUSIVE: Madison Avenue Vacancy Rate Nears Historic Lows
Madison Avenue‘s vacancy rate has dropped down to 5.6 percent, nearing historically low pre-pandemic levels for the nation’s premier luxury venue. Six months ago, Madison’s vacancy rate…
JPMorgan forecasts 2027 Fed hike; Barclays, Goldman postpone rate cut calls
Data suggests the labour market is holding, aiding belief that the Fed will leave borrowing costs unchanged at its January meeting JPMorgan predicts that the US Federal Reserve’s next move…
Long-term mortgage rate ticks up slightly to 6.16%
The average rate on a 30-year U.S. mortgage edged higher this week to just above its 2025 low. The average long-term mortgage rate rose to 6.16%, mortgage buyer Freddie Mac said Thursday.…
Australia central banker says inflation rate still too high
An acceleration in inflation over the third quarter led the RBA board to warn in December A top Australian central banker said on Thursday (Jan 8) that a slowdown in consumer price…
Gold, precious metals rise as softer US jobs data boost Fed rate cut bets
Gold and other precious metals rose on Thursday (Jan 8) after US private payroll data showed job openings fell to a 14-month low in November, reinforcing bets for Federal Reserve rate…
BOJ debated need for more rate hikes even after December move, summary shows
The central bank has said underlying inflation must durably hit its target to justify further rate hikes Bank of Japan (BOJ) policymakers debated the need to keep raising interest rates…