Search result for rates
Macron has promised that by the end of the year, France will "take back control" of the country's electricity rates.
Macron stated that this goal might be accomplished with the support of state control of the utility EDF and France's nuclear fleet, but he did not specify how he planned to accomplish this goal.
Macron stated this as he was announcing a multi-year environmental strategy. "There...
China maintains its low credit rates, boosting most Asian markets, while Tokyo's stock surge continues.
Monday saw gains across Asia as the rebound in Tokyo equities continued and talks to raise the U.S. debt ceiling resumed. The Hang Seng index in Hong Kong gained 1.23 percent, making it the region's best performer, and the Hang Seng Technology index gained 2.17 percent. The People's Bank ...
In May, bond rates for Series I are predicted to drop below 4%.
Inflation-proof and nearly risk-free Series I bonds have seen unprecedented demand over the past year. However, yields have been declining and are expected to continue doing so in May, according to industry experts.
According to the most recent data on the consumer price index, new I bo...
As bond yields approach the ceiling once more, the Bank of Japan may announce a significant policy adjustment this week.
With government bond rates increasing and the yen strengthening, the Bank of Japan is scheduled to hold a meeting this week, and some economists are predicting that it may abandon its yield curve management policy. The Bank of Japan surprised markets by increasing its tolerance range for 10-year ...
The stock market slumps as the Fed's strong stance dampens China's surge.
In spite of China's latest reopening plans, Wall Street was expected to take it easy on Thursday due to positive jobs statistics and the Fed's clear signal that interest rates will not be slashed anytime soon. Overnight, equities in Asia and the Pacific outside of Japan hit a four-month h...
The yearly increase in home prices in November was the lowest in two years.
The freezing winter weather of declining home prices is being caused by rising mortgage rates discouraging potential purchasers. CoreLogic reports that while November's price increase was still 8.6 percent over the same month in 2021, it was the first year-over-year measurement in the single ...
Mortgage applications will fall by 13.2% by the end of 2022 as interest rates rise once more.
Mortgage interest rates spiked again at the end of the year after a brief respite in the first half of December, weighing on mortgage demand. The seasonally adjusted index maintained by the Mortgage Bankers Association showed a 13.2% drop in mortgage application volume as of the end of last week ...
Germany proposes a one-year moratorium on energy price increases.
The administration has already stated that the cost of gas and electricity would be capped next year. According to Bild, energy companies may now be prohibited from boosting rates, with previously announced increases due to be reversed.
The German government plans to prevent energy prov...
The Fed raises interest rates by 75 basis points and declares that there are "far to go" while expressing hope for a slowdown
The Federal Reserve raised interest rates by 75 basis points on Wednesday, as predicted, for the fourth time in a row, while also avoiding any explicit signal of an end to its relentless tightening.
The central bank did, however, change its phrasing to give Wall Street and economists ho...
Fed Raises Interest Rates by 75 Points, Says There's Still Work to Do, and Expresses Hope for a Slowdown
Wednesday, as expected, the Federal Reserve raised interest rates by 75 basis points, its fourth consecutive increase, but avoiding any express indication that it will cease its relentless tightening.
The central bank modified its language to offer Wall Street and economists who had ant...
The head of Germany's central bank has said that higher interest rates in the eurozone are "required"
The head of the German central bank, the Bundesbank, stated on Saturday that higher interest rates are required in the eurozone, whose central bank has joined others around the world in boosting rates to calm prices.
Some European Central Bank officials believe that the instability of t...
A growing body of research demonstrates that republican politics is linked to greater death rates
Individuals in the United States have had a lower life expectancy and poorer health outcomes than people in other high-income countries for decades, and the problem has gotten worse with time.
This widespread disadvantage has been linked to unhealthy behaviours, a broken healthcar...
Health Budget Surpasses 132 billion Dollars as Australia’s Treasury Expects Another COVID Wave
The Australian government expects another wave of Covid-19 to hit this winter adding pressure on supply chains and causing high rates of absenteeism.
The government has also forecasted that the economic impact of these outbreaks will continue to lower however, it has also raised the pos...
CHINA’S SMEs AND EER REPORTED BEING STABLE IN Q4 2020
Highlights –
- China’s SMEs and EER reported being stable in Q4 2020.
- SMEs Development Index based on a survey was up 0.2 points in Q4.
- China’s real EER has climbed 3.79 percent to 126.13 from June to November 2020.
U.S. FEDERAL RESERVE KEEP INTEREST RATES NEAR ZERO
Highlights
• “Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year” said the Federal Open Market Committee (FOMC)
• No changes were made to the monthly purchases by the Fed officials an...
GOVERNMENT SHIFTS GAZE TO TERMINALLY ILL AND ELDERLY COVID-19 PATIENTS REDUCING MORTALITY RATES
- The government has shifted gaze from COVID-19 quarantine policies of preventing new cases to lowering death rates, the health authorities said Monday.
- As the country has changed ideologies by coexisting with the coronavirus, government officials are looking at management of the...
SK HYNIX Q3 PROFITS SLIP AMIDST FALLING CHIP PRICES; HUAWEI ORDERS PUSH FLAGGING GROWTH
- SK hynix Inc., South Korea's No. 2 chipmaker, is expected to report mediocre third-quarter earnings in the midst of memory price war, analysts here said Sunday.
- SK hynix was projected to post 7.9 trillion won ($6.7 billion) in sales in the July-September period, up 15.5 per...
U.S. ECONOMY GAINED 661,000 JOBS IN SEPTEMBER, UNEMPLOYMENT RATE SLUMPS TO 7.9%
Highlights
• The impact of this sluggish rise in employment and the US President Donald Trump testing COVID positive was immediately visible on the stock markets
• According to the Bureau of Labor Statistics, private-sector hiring was slightly better with addition of...
CALIFORNIA UNEMPLOYMENT INCREASE: $600 ANNOUNCED FOR THE UNEMPLOYED
Highlights:
- California unemployment rates increase
- $600 extra announced for the un-employed
With the pandemic hitting hard, coronavirus has brought many to its feet. Unemployment is rampant as businesses shut and people are laid off. Like every other...
$50 BILLION AID TO SMALL AND MEDIUM VIRUS IMPACTED BUSINESS: TRUMP
Highlights:
- Aid to provide relief to the virus outbreak impacted small & medium businesses
- Trump announces a $50 billion to be channelled through SBA
In an attempt to support the economy and help the small and t...