Tax the Whites: Mamdani pitches race-based property tax rates for New York City
New York City's next mayor would raise property taxes based on skin color. Source link
Tag
Rates
US Fed to trim rates twice more this year; 2026 rate path very unclear
The new forecast follows a recent shift in expectations by Fed policymakers toward additional reductions The Federal Reserve will lower its key interest rate by 25 basis points next week…
Malaysia central bank says it will transition to transaction-based benchmark market rates
Malaysia’s central bank said on Thursday that it will transition from the Kuala Lumpur Interbank Offered Rate (KLIBOR) to the Malaysia Overnight Rate (MYOR) and the Malaysia Islamic…
Trump says inflation is 'defeated' and the Fed has cut rates, yet prices remain too high for many
Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris' presidential campaign. Yet you…
Asia’s Reit market ‘finally recovering’ amid lower interest rates and new listings: Aprea
The real estate investment trust, or Reit, market in Asia is “finally recovering” on the back of lower interest rates, higher investor demand and a surge in new listings. Speaking to the…
Philippine central bank unexpectedly cuts rates as graft scandal hits confidence
The BSP reduces the overnight target reverse repurchase rate by 25 basis points to 4.75% The Philippine central bank unexpectedly cut the benchmark interest rate by a quarter point on…
Asia: Stocks mixed as traders assess AI rally, US rates and shutdown
Technology firms have been riding to ever-higher levels this year, dragging equity markets with them as companies pump hundreds of billions of US dollars into all things linked to AI Asian…
Fed minutes show caution over inflation even as officials cut rates
Federal funds futures contracts suggest investors see rate cuts likely in October and December US Federal Reserve officials showed a willingness to lower interest rates further this year,…
Shippers not expected to pay higher freight rates because of US port fees: Bimco
Shippers are not expected to pay higher freight rates when the United States port fees targeting Chinese-related ships kick in, even though 35 per cent of the combined bulk, crude tanker,…
Thai central bank unexpectedly holds rates; trims growth forecast
The forecast for headline inflation this year is cut to zero, from 0.5% previously Thailand’s central bank left its key interest rate steady on Wednesday (Oct 8), surprising markets which…
US interest rates well-placed to fight inflation: Fed official
US INTEREST rates are in a good place for the Federal Reserve’s inflation fight, a senior central bank official said on Monday (Oct 6), pushing back against President Donald Trump’s calls…
Falling Fertility Rates Are Unsustainable
The collective human enterprise depends on our fixing this crisis. Source link
Nomura to boost rates and FX trading units, sees more market volatility
The push reflects growing doubts around the longevity of the current equities bull run Japan’s Nomura Holdings plans to beef up its interest rate and currency trading operations globally,…
Income funds with higher yields as lower rates weigh on investors: Morningstar
Investors seeking steady income streams are reassessing their options as yields on Singapore Treasury bills (T-bills) plummet this year, and the prospect of US interest rate cuts clouds…
Refi boomlet starts in housing market as mortgage rates slide from highs
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Heading into the fall last year, the average 30-year fixed mortgage rate…
As Fed and regional rates fall, Asia’s banks remain attractive yield plays: analysts
Loan growth and risk levels will impact capital availability for dividends in Asean Even as the US Federal Reserve and central banks across Asia begin to cut policy rates, analysts from…
China leaves benchmark lending rates unchanged for fourth month in September
China kept benchmark lending rates unchanged for the fourth consecutive month in September, in line with market expectations. The one-year loan prime rate (LPR) was kept at 3.0 per cent on…
Zillow update rates 250 housing markets as buyer’s or seller’s markets
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Zillow economists use an economic model known as the Zillow Market Heat…
Bank of Japan keeps interest rates unchanged at 0.5 per cent, decides to start selling ETFs
The Bank of Japan (BOJ) kept interest rates steady on Friday (Sep 19) but decided to start selling its holdings of risky assets, taking another step forward in phasing out remnants of its…
Bank of Japan to keep interest rates steady as tariff, US slowdown risks loom
The Bank of Japan is expected to keep interest rates steady on Friday, as policymakers seek more clarity on whether the economy can withstand US President Donald Trump’s tariffs and…
BOE holds rates at 4%, keeps cautious stance on future cuts
Policymakers also voted to reduce the pace at which the BOE is reducing its government bond holdings The Bank of England held interest rates at 4 per cent and left the prospect of more…
Bank of Japan may raise rates in October even if Takaichi wins leadership race, says ex-central bank official
The Bank of Japan could raise interest rates in October even if Sanae Takaichi, a proponent of aggressive monetary easing, wins the ruling party’s leadership race and becomes the next…
Asia: Markets fluctuate after Fed cuts interest rates
EQUITIES wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how many more cuts were in the pipeline despite boss Jerome Powell…
Big US banks lower prime lending rates after Fed rate cut
MAJOR US lenders lowered a key interest rate on Wednesday, providing US consumers a reprieve on borrowing costs, after the Federal Reserve cut interest rates for the first time this year.…