LEGAL-NEWS-NETWORK.COM: Latest News of The Day 16:13, 09/12/2019

European Central Bank cuts interest rates for first time since 2016

The European Central Bank (ECB) has cut interest rates for the first time since 2016, while introducing a sweeping stimulus package in an attempt to kick-start ...

European Central Bank cuts interest rates for first time since 2016

Source: sky.com

US Central Bank Cuts Interest Rates For First Time Since 2008 Fed Chairman Jerome Powell cited signs of a global slowdown, simmering US trade tensions and a desire to boost too-low inflation in explaining the central bank's decision to lower borrowing costs for......
09:13, 08/01/2019

Australia's central bank cuts interest rates again — more easing may be on the way The Reserve Bank of Australia's (RBA) quarter-point cut took cash rates to an all-time low of just 1% and left limited room for more reductions....
10:52, 07/02/2019

US Central Bank Cuts Interest Rates, Signals Holding Pattern For Now Federal Reserve Chairman Jerome Powell said the rate cut was designed "to provide insurance against ongoing risks" including weak global growth and resurgent trade tensions. The Fed also cut rates in......
09:26, 09/19/2019

Bank of Mexico Cuts Interest Rates as Economy Struggles The Bank of Mexico lowered interest rates Thursday for the first time in more than five years in a split vote, citing slowing economic growth, lower inflation and a decline in debt yields in Mexico and abroad....
05:13, 08/16/2019

China's central bank is poised to cut interest rates amid trade war, economist says The People's Bank of China is expected lower rates twice later in 2019 and once in 2020 amid the country's trade fight with the U.S., said a Bank of America Merrill Lynch economist on Wednesday....
10:52, 06/05/2019

European Central Bank cuts deposit rate The European Central Bank announced Thursday it will cut its deposit rate and make new monthly bond purchases in the billions among other steps to help boost the Eurozone economy....
01:13, 09/13/2019

Christine Lagarde Defends the European Central Bank’s Low Rates as She Prepares to Take Over (FRANKFURT, Germany) — Incoming European Central Bank head Christine Lagarde is defending the bank’s record low rates and other stimulus measures as she prepares to take over with the economy facing trouble from trade wars and Brexit. Dur...
06:39, 09/05/2019

Fed Cuts Interest Rates for First Time Since 2008 Crisis The Federal Reserve cut its benchmark interest rate a quarter point as it tried to insulate the economy from President Trump’s trade war and a global slowdown....
22:26, 07/31/2019

India central bank cuts rates by 35 basis points to speed up growth The Reserve Bank of India on Wednesday cut interest rates for a fourth straight meeting in 2019, taking advantage of mild inflation to expand its effort to boost an economy growing at its slowest pace in nearly five years....
15:00, 08/07/2019

Federal Reserve cuts interest rates for the first time in a decade The Federal Reserve is cutting its key interest rate for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump’s trade wars to chronically low inflation and a dim global outlook. The ce...
20:52, 07/31/2019

UPDATE 1-Iceland's central bank cuts key interest rate as contracting tourism bites Iceland's central bank on Wednesday cut its deposit rate and said the economy would now shrink in 2019 after the all-important tourism industry contracted and the capelin fishing season failed....
12:26, 05/22/2019

U.S. Federal reserve cuts interest rates for the first time since the financial crisis The central bank said it will act 'as appropriate' to sustain a record-long U.S. economic expansion, appearing to leave the door open for another cut....
17:13, 08/01/2019

Fed cuts interest rates for first time since 2008 but sends confusing signals about what’s next The Fed made its first interest rate cut since December 2008 in an effort to ensure the trade war and slow growth overseas don't drag down the U.S. economy....
05:13, 08/01/2019

Indonesia's central bank unexpectedly cuts rate for the second time in two months Bank Indonesia cut the 7-day reverse repurchase rate by 25 basis points to 5.5.%, surprising economists who were expecting the central bank to stay on hold....
17:26, 08/22/2019

Fed cuts interest rates, signals it may not need to do more The Federal Reserve cut interest rates on Wednesday, but the head of the U.S. central bank said the move might not be the start of a lengthy campaign to shore up the economy against risks including global weakness....
06:52, 08/01/2019

If the Fed cuts interest rates, things could get ugly The Fed meets Tuesday and Wednesday this week with a decision on interest rates coming at 2 p.m. that second day. As of when I’m writing this, the markets think there is a 22-percent chance of a half-percentage point rate cut (50 basis points in bank...
04:52, 07/30/2019

Fed Cuts Interest Rates by Another Quarter Point The Federal Reserve cut rates for the second time since July as risks to the economic outlook mounted. Its policy continued to anger President Trump....
04:26, 09/19/2019

Fed cuts interest rates, discord continues The US Federal Reserve has cut interest rates twice in the last decade, both coming in the last seven weeks. Yet for Donald Trump and some dissenting voices, it's nowhere near enough....
20:26, 09/19/2019

WRAPUP 5-Fed cuts interest rates, signals it may not need to do more The Federal Reserve cut interest rates on Wednesday, but the head of the U.S. central bank said the move might not be the start of a lengthy campaign to shore up the economy against risks including global weakness....
01:39, 08/01/2019

Federal Reserve cuts interest rates by 0.25% – its first in a decade US central bank signals growth is slowing in the world’s largest economyThe US Federal Reserve has cut interest rates for the first time in more than a decade in an indication that the world’s largest economy is running out of steam.The US central ba...
20:26, 07/31/2019

Fed Holds Interest Rates Steady, Hints at Possible Cuts Federal Reserve officials held their benchmark rate steady but hinted they would cut rates in the months ahead if the outlook weakens. Fed Chairman Jerome Powell also pushed back on the idea President Trump might demote him: “I have a four-year term ...
22:13, 06/19/2019

Fed cuts interest rates, signals holding pattern for now The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signaled a higher bar to further reductions in borrowing costs, eliciting a fast and sharp rebuke from President Donald Trump....
01:26, 09/19/2019

Oil rises as US crude stocks fall again, Fed cuts interest rates Oil prices rose for a fifth day on Wednesday following a larger-than-expected drop in U.S. inventories and after the Federal Reserve cut U.S. interest rates for the first time in more than a decade....
10:00, 08/01/2019

Instant view: Fed holds interest rates steady, sets up for cuts The U.S. Federal Reserve held interest rates steady on Wednesday but signaled possible rate cuts of as much as half a percentage point over the remainder of this year, as it responded to increased economic uncertainty and a drop in expected inflation...
20:52, 06/19/2019

Australia's central bank says 'likely' will have to cut rates again - Australia's central bank believes it will likely have to cut interest rates further from the current record low of 1.25% in order to push down unemployment and revive growth in wages and inflation....
05:13, 06/18/2019

European banks have paid over 20 billion euros to the ECB since negative interest rates European banks have transferred 21.4 billion euros ($24.2 billion) in revenues to the European Central Bank (ECB) in the five years since negative interest rates were introduced....
18:52, 06/10/2019

Federal Reserve cuts interest rates amid fears of global slowdown A divided Federal Reserve eased interest rates on Wednesday amid mixed signals over the direction of the economy and growing pressure from President Trump. Just seven of 10 Fed officials under Chairman Jerome “Jay” Powell backed the second reduction,...
11:13, 09/19/2019

Danske Bank profit hit by higher costs, low interest rates Danske Bank's second-quarter pre-tax profit came in below expectations on Thursday, hit by low interest rates and higher costs associated with compliance following a money-laundering scandal at its Estonian branch....
10:26, 07/18/2019

Bank Of India Revises Fixed Deposit Interest Rates According to the latest Bank of India FD rates, the bank is offering 4.25 per cent interest rate on maturity period of 7-14 days to the general public on FDs below Rs 2 crore....
23:52, 09/07/2019

HDFC Bank Revises Fixed Deposit Interest Rates HDFC Bank FD interest rates: On fixed deposits of a 1-year maturity period, the private sector bank has lowered its interest rates by 20 basis points...
14:13, 07/22/2019

Bank of Mexico Maintains Interest Rates in Split Vote The Bank of Mexico kept interest rates unchanged Thursday in a split decision, citing risks for inflation from both domestic and external sources and a deteriorating outlook for economic growth....
22:39, 06/27/2019

Bank of England leaves interest rates alone amid Brexit volatility The Bank of England on Thursday voted to hold interest rates steady, and warned that prolonged instability over Britain's planned departure from the European Union will significantly harm the domestic economy....
15:13, 09/19/2019

Punjab National Bank Revises Fixed Deposit Interest Rates From May 1 PNB: The fixed deposit accounts which have a lock-in period of five or 10 years also offer income tax benefit under Section 80C of the Income Tax Act...
00:26, 05/04/2019

Bank will pay customers to take out mortgages by offering negative interest rates in Denmark Jyske Bank, the third-largest bank in Denmark, announced that it would lend homebuyers at an interest rate of -0.5% for a 10-year mortgage.       ...
01:00, 08/10/2019

HDFC Bank Revises Fixed Deposit Interest Rates, Details Here According to the latest HDFC Bank FD rates, the bank is offering 6.60 per cent interest rate on maturity period of one year to the general public on FDs of up to Rs. 2 crore....
12:52, 09/15/2019

Punjab National Bank Revises Fixed Deposit Interest Rates PNB is offering an interest rate of 5 per cent to general public and 5.5 per cent to senior citizens on fixed deposit maturities of 7-14 days and 15-29 days. Previously, the public sector bank paid......
12:52, 08/01/2019

ICICI Bank Revises Fixed Deposit Interest Rates, Details Here The fixed deposit accounts which have a lock-in period of five or 10 years also offer income tax benefit under Section 80C of the Income Tax Act, 1961...
14:26, 06/17/2019

Here Are Latest Fixed Deposit Interest Rates Offered By HDFC Bank Fixed deposit interest rates are subject to change from time to time. Last week, private sector lender Axis Bank also revised its fixed deposit interest rates on select maturities...
18:13, 06/06/2019

German bank CEOs warn on low interest rates, but Goldman says it's 'less of a concern' The CEOs of Germany's two biggest banks have warned of further damage to the ailing European banking sector and wider economy if the European Central Bank (ECB) cuts interest rates next week....
13:26, 09/05/2019

UK central bank holds rates as it assesses Brexit delay LONDON (AP) — The Bank of England has kept its main interest rate on hold at 0.75% following its first policy meeting since Britain was granted a Brexit delay. Governor Mark Carney will hold a news conference later Thursday where the focus will be on...
15:39, 05/02/2019

Punjab National Bank Revises Fixed Deposit Interest Rates From Today The fixed deposit accounts which have a lock-in period of five or 10 years also offer income tax benefit under Section 80C of the Income Tax Act, 1961...
19:52, 07/01/2019

Fed's patience on interest rates to last 'for some time' U.S. Federal Reserve officials at their last meeting agreed that their current patient approach to setting monetary policy could remain in place "for some time," a further sign policymakers see little need to change rates in either direction....
21:26, 05/22/2019

Australia's central bank flags lower rates in jobs hunt Australia's top central banker on Thursday said it was not "unrealistic" to expect a further reduction in interest rates given ample slack in the labor market, and called on the government for action on fiscal stimulus....
09:13, 06/20/2019

Aussie dollar rallies as central bank holds rates, cut still on the menu The Aussie dollar popped up almost half a cent to $0.7042 on the decision, giving it a gain for the day of 0.7 percent. It faces tough resistance around $0.7070, however....
15:26, 05/07/2019

India’s central bank cuts lending rate to 5.75% NEW DELHI (AP) — India’s central bank has cut its key interest rate by a quarter of a percentage point to 5.75% from 6% with immediate effect to fortify the economy as consumer spending and corporate investment falter. The interest rate is what...
09:52, 06/06/2019

HDFC Bank Cuts Key Lending Rates By 10 Basis Points: Report Indian banks largely price their MCLR benchmark loan rates according to the cost of deposits. With this cut, the bank's lending rates on products like auto or home loans may also come down....
09:00, 08/07/2019

China's Central Bank Reforms Rates to Boost Cheap Funding for Businesses The People’s Bank of China unveiled a long-awaited reform to its interest-rate mechanism, a move aimed at reducing financing costs for businesses struggling with a cooling economy....
19:13, 08/17/2019

The Latest: European Central Bank ready to help economy more VILNIUS, Lithuania (AP) — The Latest on the European Central Bank’s monetary policy meeting (all times local): 4:25 p.m. European Central Bank President Mario Draghi said the bank is ready to “use all the instruments that are in the toolb...
17:26, 06/06/2019

IMF's Christine Lagarde nominated for top job at European Central Bank The European Union Council officially nominated on Tuesday Christine Lagarde, managing director of the International Monetary Fund, to become the next president of the European Central Bank....
19:52, 07/02/2019

Brazil's central bank cuts 2019 GDP growth forecast to 0.8% from 2.0% Brazil's central bank on Thursday slashed its 2019 economic growth forecast to 0.8% from 2.0%, blaming spillover from the huge underperformance in the first quarter of the year and expected hit to investment from falling business and consumer confide...
14:39, 06/27/2019

Brazil Central Bank Cuts Benchmark Rate to Record Low Brazil’s central bank cut its benchmark interest rate as expected, as consumer price increases remain under control amid a yearslong economic slowdown....
02:13, 09/19/2019

Retired Lebanese soldiers picket central bank over cuts Retired soldiers in Lebanon, concerned about any pension or benefit cuts as the government debates a draft budget, started picketing the Central Bank building late on Sunday, saying they aimed to stop workers from entering on Monday morning....
02:26, 05/13/2019

WRAPUP 2-Australia c.bank cuts rates to record lows as growth sags Australia's central bank cut its cash rate to a record low 1.25% on Tuesday in what could be the first in a series of stimulus measures amid growing calls for policymakers to revive the country's slowing economy....
08:26, 06/04/2019

Asia markets inch higher ahead of trade talks; Bank of Japan keeps interest rates steady Stocks in Asia Pacific edged up in Tuesday afternoon trade as investors await developments from U.S.-China trade talks this week in Shanghai. The Bank of Japan opted to keep monetary policy steady....
06:52, 07/30/2019

Christine Lagarde resigns from IMF to become president of European Central Bank International Monetary Fund Managing Director Christine Lagarde submitted her resignation Tuesday to take on a new role as president of the European Central Bank....
23:26, 07/16/2019

European Central Bank sends Italy a warning over debt FRANKFURT, Germany (AP) — The European Central Bank says that challenges to financial stability in the eurozone have risen amid risks to economic growth from trade tensions, and warns that indebted governments such as Italy could run into trouble if ...
10:52, 05/29/2019

Federal Reserve lowers interest rates for 1st time since 2008 Weeks of speculation were put to rest Wednesday when the Federal Reserve announced a quarter-percent interest rate cut in its mid-year assessment of U.S. economic health....
05:13, 08/01/2019

Russian central bank holds key rate, signals future cuts Russia's central bank held its key interest rate at 7.75 percent on Friday in line with market expectations, but said it could consider cutting rates as early as June....
18:13, 04/28/2019

Federal Reserve makes small interest rate cut. Trump slams central bank for having ‘no guts.’ The U.S. benchmark interest rate is now just shy of 2 percent, down from about 2.25 percent. The move was widely expected and falls well short of Trump’s call for a “big” cut....
13:00, 09/19/2019

South Korea's central bank holds rates steady but trade woes strengthen calls to cut South Korea's central bank kept monetary policy unchanged on Friday but a split vote in the decision provided a firm signal the bank was shifting to a dovish footing as the intensifying Sino-U.S. trade war bolstered the case for more stimulus....
10:26, 05/31/2019

Christine Lagarde "Honored" To Be Tapped To Head European Central Bank International Monetary Fund chief Christine Lagarde on Tuesday announced she would step down "temporarily" from the global crisis lender after being nominated to lead the European Central Bank....
09:00, 07/03/2019

IMF's Christine Lagarde Wins EU Support to Lead European Central Bank European leaders have agreed to nominate International Monetary Fund Managing Director Christine Lagarde to become the next president of the European Central Bank....
12:39, 07/03/2019

The European Central Bank meets as inflation cools and trade tensions heat up The European Central Bank (ECB) announced its easy-money exit strategy one year ago. But twelve months on, the world couldn't look more different....
13:52, 06/06/2019

European Central Bank bigwig outlines why Facebook’s Libra isn’t real cryptocurrency A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren call.” Yves Mersch, Luxemborgian lawyer and ECB executive board member, even told attendees of the ...
21:26, 09/02/2019

European Central Bank at the heart of German Bund problem, says Financial Times' Tom Stubbington Tommy Stubbington, Financial Times markets reporter, joins 'The Exchange' to discuss Germany's interest rates and Denmark's negative mortgages rates....
21:00, 08/21/2019

Shares in Asia trade mixed as European central bank delays rate hike Stocks in Asia were mixed in early trade on Friday as the European Central Bank said it would delay its first post-crisis interest rate hike till at least the middle of next year....
04:13, 06/07/2019

Will mortgage rates keep dropping? Homeowners and buyers benefit from lower interest rates Mortgage rates dropped to nearly three-year lows on China trade fears and a Fed rate cut. That's helping homeowners and buyers in the market now.       ...
05:52, 08/09/2019

How China Cuts Rates Without Cutting Rates Will the People’s Bank of China follow the Federal Reserve and cut interest rates on Wednesday? Actually, it has found a stealthy way to do that already....
17:13, 07/30/2019

Deutsche Bank CEO pledges tough investment bank cuts as shares hit low Deutsche Bank's chief executive promised shareholders "tough cutbacks" at its underperforming investment bank on Thursday as he battled to convince them he can turn around Germany's biggest lender, whose shares hit a record low....
16:13, 05/23/2019

Deutsche Bank CEO readies investment bank cuts as stock hits low Deutsche Bank's chief executive is prepared to make "tough cutbacks" in its investment banking business, whose future is in doubt after several failed restructurings, in order to be profitable and competitive....
12:00, 05/23/2019

Brazil bank lending rises 0.6% in May - central bank The amount of outstanding loans in Brazil rose 0.6% in May from the previous month at 3.3 trillion reais ($860 billion), with loans to individuals rising 0.9% and loans to companies rising 0.1%, the central bank said on Wednesday....
16:13, 06/26/2019

Deutsche Bank CEO Signals More Cuts to Investment Bank Chief Executive Christian Sewing signaled the lender will shrink its investment bank as it struggles to stabilize the business and regain support from investors who have pushed its shares to record lows....
12:13, 05/23/2019

U.S. 30-year mortgage rates fall to lowest since Nov 2016 - Freddie Borrowing costs on U.S. 30-year fixed-rate mortgages fell to their lowest level since November 2016 in line with the recent decline in bond yields because of trade and recession fears, Freddie Mac said on Thursday....
18:13, 08/22/2019

UPDATE 1-U.S. 30-year mortgage rates fall to lowest since Nov 2016 -Freddie Interest rates on U.S. 30-year fixed-rate mortgages declined to their lowest levels since November 2016 as U.S. bond yields have fallen on expectations the Federal Reserve may lower interest rates as early as July, Freddie Mac said on Thursda...
22:26, 06/27/2019

Who – Or “What” – Drives Interest Rates? EWI's Murray Gunn explains the role of the Federal Reserve in "driving" interest rates and the economy -- you me be surprised to find out who (or what) is doing the real driving....
22:00, 05/08/2019

What Latest Changes In SBI Interest Rates Mean For You SBI account interest rate, SBI loan interest rate: SBI has over the past few weeks changed interest rates applicable to certain savings bank accounts, fixed deposit accounts and home loan accounts.......
09:39, 05/13/2019

Fed's Kaplan says interest rates are about where they should be Dallas Federal Reserve Bank President Robert Kaplan on Monday said that the Fed should neither be cutting nor raising interest rates but should "move off to the side and be patient."...
21:00, 05/13/2019

Are U.S. and UK Interest Rates About to Converge? The U.S. and UK have many similarities, including low unemployment and core inflation, but their interest rates are wide apart. Is this gap about to close?...
19:52, 06/11/2019

Tariffs could be the Fed’s excuse to cut interest rates The Federal Reserve needs an excuse to cut rates at its next meeting, and it will point to the tariffs as an impetus to cut. But let’s call it what it really is. The Fed raised rates too quickly late last year, and now needs to adjust accordingly. As...
06:52, 06/09/2019

Trump Says He Wants a Large Cut in Interest Rates President Trump reiterated his call for easier monetary policy as Federal Reserve officials began their two-day meeting at which they are expected to reduce interest rates....
22:52, 07/30/2019

Trump wants Fed to cut interest rates to zero or below. Here's what it could mean for you. Trump wants the Federal Reserve to lower interest rates to zero or below. That could mean lower borrowing costs but also meager bank savings rates.       ...
12:39, 09/12/2019

How to Finance a New Car When Interest Rates Are Ridiculous That car purchase you’ve been mulling over might be more expensive than you anticipated. Car loan interest rates are the highest since 2009, Ronald Montoya of Edmunds writes. The average APR for new financed vehicles was 6.4% in March. For used cars,...
21:39, 05/15/2019

Should You Invest in CDs Before Interest Rates Peak? After several post-recession seasons of pretty-much-zero interest rates on certificates of deposit, recent years have seen marked improvement. That’s thanks in part to the federal funds rate, which the Federal Reserve has raised nine times between De...
23:52, 05/31/2019

Powell hints the Fed will cut interest rates again as soon as next month Fed Chairman Jerome Powell hinted the Fed will cut rates again as soon as next month. He cited the US trade war with China and global turbulence       ...
20:26, 08/23/2019

Tax, Interest Rates On These Products Set To Change From August 1 State Bank of India or SBI has decided to do away with IMPS (Immediate Payment Service) charges for its internet banking, mobile banking and YONO (You Only Need One) customers....
14:26, 07/30/2019

Here Are The Fixed Deposit (FD) Interest Rates Of Top Lenders Currently, on a three-year fixed deposit below Rs 2 crore, SBI pays an interest rate of 6.7per cent. As compared to this, HDFC Bank offers 7.4per cent and ICICI Bank pays 7.5 per cent on fixed......
11:13, 06/04/2019

Hey, Fed, cutting interest rates more will hurt, not help the economy Is the Fed bonkers? Does it really believe cutting interest rates more boosts borrowing? Are you really hot to lend your savings long-term at 1%?       ...
20:39, 09/15/2019

Here's A Comparison Of SBI Interest Rates On Term Deposits SBI FD account interest rate: State Bank of India offers interest rates in the range of 5.75-7 per cent to the general public on fixed deposits up to Rs 2 crore. The country's largest bank pays 50......
18:26, 05/09/2019

China isn't likely to cut interest rates in the near future: Investor Ronald Wan of Partners Financial Holdings says the Chinese authorities are in a dilemma about whether to cut interest rates because doing so would damage the exchange rate and send a wrong signal that the government wants to push up the property sect...
10:39, 07/17/2019

Why China’s Getting Ready to Shake Up Interest Rates The People’s Bank of China has indicated it’s getting ready to liberalize its system of interest rates, probably this year, in what would be another milestone in the landmark reforms started four decades ago to loosen state control of the economy. Th...
01:39, 07/26/2019

Powell signals the Fed will cut interest rates again as soon as next month Fed Chairman Jerome Powell signaled the Fed will cut rates again as soon as next month. He cited the US trade war with China and global turbulence       ...
19:13, 08/23/2019

A warning to seniors if the Fed lowers interest rates Retirees face two competing forces: Lower rates on their "safe money" and a stock market that's becoming overheated. Here's where older investors are searching for yield....
20:00, 07/24/2019

Why China’s Starting to Shake Up Its Interest Rates The People’s Bank of China is liberalizing its interest-rate system in another milestone in the landmark reforms started four decades ago to boost the role of markets in the economy. The overhaul might also help lower the cost of borrowing for compan...
16:13, 09/15/2019

Behind Erdogan’s Strange Ideas About Interest Rates Turkey’s President Recep Tayyip Erdogan doesn’t like it when the country’s banks charge people relatively heavily to borrow money. That alone doesn’t make him unusual for a politician, given that cheap money can garner electoral support. What makes E...
13:00, 08/03/2019

Fed likely to ignore Trump's call to cut interest rates The U.S. Federal Reserve, leaning back against pressure from President Donald Trump to slash interest rates, is expected to leave borrowing costs unchanged on Wednesday as it maintains a 'patient' monetary policy stance amid strong economic growth....
08:26, 05/01/2019

Trump says he is not pining for negative interest rates in U.S. U.S. President Donald Trump, who has decried the relative loftiness of U.S. interest rates compared to rates in nations that compete with the United States in global markets, said on Friday he did not want to see negative rates in the United States....
05:52, 08/31/2019

Interest rates in Australia are still heading to zero: Investor Chris Bedingfield of Quay Global Investors says, unless there's a significant policy change, interest rates in Australia will end up effectively at zero. He also discusses the factors that are bringing about stabilization in the housing market....
13:39, 07/02/2019

Trump Isn’t Alone. These Millennials on the Left Want Low Interest Rates, Too. Sam Bell and his colleagues at Employ America want the central bank to cut interest rates now, and to lift them less quickly after the next recession, to create more jobs....
22:13, 06/12/2019

Fed keeps interest rates steady as U.S. economy motors along The Federal Reserve held interest rates steady on Wednesday as policymakers took heart in continued U.S. job gains and economic growth and held out hope that weak inflation will edge higher....
22:26, 05/01/2019

Here's how flattening interest rates are affecting the housing market George Ratiu, senior economist for realtor.com, and Bess Freedman, and CEO of Brown Harris Stevens, join "Squawk Box" to discuss the latest mortgage app data and the health of the housing market....
17:26, 08/21/2019

SBI Revises Fixed Deposit (FD) Interest Rates From Today SBI fixed deposit rates: The bank now offers an interest rate of 4.5 per cent to general public and 5 per cent to senior citizens on fixed deposits of below Rs 2 crore for a tenor of 7-45 days....
14:13, 09/10/2019

Companies Aren't Cheering Lower Interest Rates Last year, U.S. corporate pension funds had one of their better years in recent history, despite the fact that stocks and bonds both did poorly. Higher interest rates helped, as did a rush to contribute to pensions ahead of tax changes. Both impacts ...
19:26, 07/15/2019

Trump says the US economy can sizzle if the Fed slashes interest rates. Is he right? Trump says a big Fed rate cut and a new bond buying stimulus would lift the economy. Analysts say it would provide a modest lift but increase risks        ...
20:52, 05/01/2019

Looking To Invest In FDs? Compare Interest Rates Paid By Top Banks Some fixed deposits come with a premature withdrawal facility while some require a compulsory lock-in period. Fixed deposit interest rates are also higher than those offered by savings accounts....
19:26, 04/28/2019

Trump Calls for Fed’s ‘Boneheads’ to Slash Interest Rates Below Zero President Trump urged Fed Chair Jerome H. Powell to cut borrowing costs below zero in Twitter posts hours before a key European Central Bank meeting....
20:13, 09/11/2019

RBI To Cut Interest Rates Again In October And Early Next Year: Poll The RBI lowered its economic growth forecast for the current fiscal year on Wednesday and said inflation would not breach its medium-term target of 4 per cent in the near-term....
09:00, 08/09/2019

Barclays CEO warns of 'asset bubbles' due to low interest rates Persistent low interest rates from central banks risks creating "asset bubbles" which could pop if interest rates begin to rise again, Barclays CEO Jes Staley warned Thursday....
14:00, 08/01/2019

Credit card interest rates at their highest in 13 years Credit card interest rates have reached their highest in at least 13 years, putting shoppers preparing to splash out for Christmas at risk of higher bills....
22:52, 09/17/2019

How should you compare personal loans? Don't just look at interest rates When it comes to comparing personal loans, interest rates alone don't tell the whole story. Instead, look at the annual percentage rate.       ...
16:52, 06/12/2019

SBI Savings Plus Account: Eligibility, Interest Rates And Other Details SBI Savings Plus Account: Customers are required to maintain a monthly average balance (MAB) for this account. Monthly Average Balance (MAB) is the sum of all the end of day closing balance divided by......
22:52, 05/28/2019

Here Are SBI Interest Rates On Home Loans After Latest Revision SBI interest rate: The latest key lending rate, which took effect on Wednesday, was the third downward revision this financial year, according to SBI, the country's largest lender. SBI's one-year MCLR......
14:52, 07/11/2019

Cramer: Don't expect the Fed to bow to Trump's interest rates demands Jim Cramer on Thursday called it a "lunatic theory" to think that Fed Chair Jerome Powell should have gone along with President Donald Trump's call to cut interest rates....
16:26, 05/03/2019

SBI Revises Fixed Deposit Interest Rates, Details Here The bank will now offer an interest rate of 4.5per cent to general public and 5 per cent to senior citizens on fixed deposits of 7-45 days. Currently, the public sector bank paysinterest at the rate......
22:13, 08/24/2019

SBI's New Interest Rates On Fixed Deposit Take Effect Today State Bank of India (SBI) FD interest rates: SBI revised its interest rates applicable to fixed deposits last month. SBI now provides interest rates of 5 per cent to the general public and 5.5 per......
09:13, 08/01/2019

Need A Home Loan? Here Are SBI Interest Rates, Processing Fee Details SBI home loan interest: The interest rate for State Bank of India (SBI)'s home loan products ranges from 8.6 per cent to 9 per cent, based on factors such as the LTV or loan-to-value ratio and risk......
11:13, 05/06/2019

SBI Now Pays These Interest Rates On Fixed Deposits Up To Rs 2 Crore State Bank of India (SBI) interest rates: The country's largest bank currently pays interest at the rates of 4.50-6.50 per cent on fixed deposits up to Rs 2 crore to the public, and 5-7 per cent to......
10:52, 09/19/2019

Trump calls for Fed 'boneheads' to slash interest rates to zero President Trump on Wednesday continued his attacks on the Federal Reserve, calling the central bank and its chairman, Jerome Powell, “boneheads” and urging the central bank to cut interest rates to zero or set negative rates....
19:13, 09/11/2019

Interest Rates on New Federal Student Loans Will Dip Slightly The rates, which will take effect on July 1, won’t make a big difference in monthly payments. But given the cost of college, one expert says, “this is a bit of good news.”...
18:52, 05/22/2019

Trump repeats call for Fed to lower interest rates U.S. President Donald Trump on Friday repeated his call for the Federal Reserve to lower interest rates, saying that such a step would further boost the economy....
21:52, 07/05/2019

Slowing inflation may lead Fed to cut interest rates: Kudlow Slowing inflation may lead the Federal Reserve to cut interest rates, White House economic adviser Larry Kudlow said in a television interview on Monday....
18:52, 04/29/2019

Boston Fed president warns against cutting interest rates While President Trump has urged the Federal Reserve to slash interest rates to strengthen the economy, the head of the Federal Reserve Bank of Boston warned Wednesday further rate cuts could come at a cost....
05:01, 09/05/2019

Fed leaves interest rates alone, resisting Trump's pressure for a cut The Federal Reserve left interest rates unchanged on Wednesday, resisting pressure from President Trump to reduce them as his trade disputes threaten to slow U.S. economic growth....
21:00, 06/19/2019

US interest rates left unchanged as 'uncertainties' arise US interest rates have been left unchanged, but the Federal Reserve signalled it is prepared to start cutting rates if needed, to protect the U.S. economy....
21:13, 06/19/2019

SBI Small Account: Eligibility, Interest Rates, Other Features SBI's small accounts can be opened by any individual who is above 18 years and do not have officially valid KYC (Know Your Customer) documents. However, there are many restrictions in operation of......
17:00, 05/25/2019

Art Laffer warns on negative rates, saying he'd borrow as much as he could for no-interest "If I could borrow without paying any interest, or ever pay the money back, I would borrow as much as I could, too," the 'Trumponomics' co-author says....
15:52, 08/22/2019

Latest Interest Rates Charged By SBI On Loans, Other Details State Bank of India (SBI), the country's largest lender, has announced a slew of offers across different loan categories such as car loans, personal loans, education loans and home loans. The bank......
20:13, 08/21/2019

Fed Likely to Leave Interest Rates Unchanged as Trump Calls for Cut The president wants the Fed to cut rates and stimulate the economy. But the Fed appears poised to continue its patient stance at its meeting that ends Wednesday....
01:00, 05/01/2019

Art Laffer warns on negative rates, saying he'd borrow as much as he could for no interest "If I could borrow without paying any interest, or ever pay the money back, I would borrow as much as I could, too," the "Trumponomics" co-author says....
01:00, 08/23/2019

Here are the best Dow stocks to buy on the day Fed cuts rates The Federal Reserve is expected to cut rates this week for the first time since 2008, potentially giving investors the green light to play offense. Here are the stocks that tend to pop on the day the central bank pulls the trigger....
17:39, 07/30/2019

Where to Invest When the Fed Cuts Rates Many believe the Federal Reserve is pivoting from raising interest rates to lowering them once again. Investors say rate cuts will spur spending and potentially prolong the bull market, but that is not a sure thing....
11:52, 07/07/2019

Federal Reserve snubs Trump by refusing to cut interest rates US rates held at 2.25% to 2.5%President had called for ‘one point’ cutThe US Federal Reserve snubbed Donald Trump’s call for a cut in interest rates on Wednesday as the central bank noted economic activity was still rising at “a solid rate”.After a t...
03:13, 05/02/2019

The Fed and markets are on a collision course over interest rates, Blackstone's Joe Zidle warns Blackstone's Joseph Zidle predicts the Fed will cut rates but says Wall Street won't get what it wants, and stocks could fall as much as 20%....
17:00, 09/18/2019

Trump pushes Fed to lower interest rates in series of tweets President Donald Trump is pushing the Federal Reserve to lower interest rates, claiming it would help the economy to "go up like a rocket."        ...
00:26, 05/01/2019

SBI Small Savings Account: Eligibility, Interest Rates And Other Details SBI offers the same interest rate on small account as those on regular savings bank accounts. The bank offers an interest rate of 3.5 per cent per annum on deposits less than Rs. 1 lakh....
23:00, 08/04/2019

Fed will cut interest rates, but won't be as dovish as stock market wants it to be: Sit's Bryce Doty Bryce Doty, Sit Investment Management, and Andres Garcia-Amaya, Zoe Financial, join "The Exchange" to discuss what could be the Fed's next move, the continuing U.S.-China trade tension and the price of oil soaring after an attack on a Saudi oil ...
23:26, 09/16/2019

What’s Driving the Housing Downturn? Interest Rates or Investor Psychology Housing data in 2018 looked ... unhealthy. The "villain" seems obvious -- namely, central bank rate hikes. But now see the charts and evidence that show a different (and far more credible) explanation....
14:13, 05/01/2019

Check Out Latest Fixed Deposit (FD) Interest Rates Of Key Banks Leading banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, among others offer the facility of opening a fixed deposit. These days FDs can also be created online. The interest rates on FDs......
13:13, 05/25/2019

U.S. economy is ‘relatively strong’ and doesn’t need lower interest rates, key Fed leader says President Trump wants the Federal Reserve to boost the economy by slashing interest rates, but Boston Fed President Eric Rosengren warns: “This isn’t a free lunch. There are costs.”...
03:39, 09/04/2019

UPDATE 2-Erdogan pledges return to low interest rates in Turkey Turkish President Tayyip Erdogan said on Thursday he remains opposed to the country's tight monetary policy and pledged a "definitive solution" to soon lower the central bank's key interest rate from 24%....
18:26, 06/20/2019

Another cut? Fed looks ready to lower interest rates again with the economy facing risks The Fed Is expected to cut its key interest rate by a quarter point Wednesday. It trimmed the rate in July for the first time in a decade.       ...
00:13, 09/18/2019

SBI Reinvestment Fixed Deposit Plan: Interest Rates, Tenure And More In case of a reinvestment plan, interest is given at the time of maturity. Regular interest is added to the principal and compound interest calculated and paid thereon, according to SBI. On the other......
16:52, 06/07/2019

Bets on Falling Interest Rates Unleash Gold Rally Gold is on its longest winning streak in almost a year and a half, the latest signal that investors are preparing for the Fed to lower interest rates amid signs of a slowdown in economic growth....
17:26, 06/09/2019

Interest Rates On Small Savings Schemes For September Quarter India Post, which operates a network of more than 1.5 lakh post offices across the country, offers nine options under its small savings scheme portfolio. These include fixed deposit or time deposit......
11:13, 06/29/2019

How Interest Rates, Inflation Impact Equity Select Sectors Tech stocks loathe volatility, higher short-term rates benefit financials but hurt real estate and utilities. See key factors that drive equity select sectors....
19:52, 06/11/2019

SBI Fixed Deposit Account: Interest Rates, Tenure, Other Details In a SBI FD account, depositor can park lump sum amount and also avail features like choice of interest payout and liquidity through overdraft (OD) or premature withdrawal, noted the lender on its......
14:13, 06/08/2019

SBI Flexi Deposit Scheme: Tenure, Interest Rates And Other Details For SBI's flexi deposit account, the minimum instalment amount is Rs. 500, and in a financial year, an investor needs to deposit a minimum of Rs. 5,000...
19:39, 06/30/2019

Fixed Deposit Interest Rates: Here's What Post Office And Banks Pay Fixed deposit accounts can be created by visiting a bank branch or even online. These days, most banks offer the facility of opening fixed deposits online....
16:26, 06/15/2019

Fed Minutes Show Officials in No Rush to Change Interest Rates Federal Reserve officials said they were committed to a “patient approach,” even if the economy strengthened, and some were worried about persistently low inflation....
07:52, 05/23/2019

Trump raises pressure on Federal Reserve to cut interest rates President launches new attack on Jerome Powell, the man he picked to run US central bankDonald Trump has stepped up the pressure on the Federal Reserve to cut interest rates with his most personal attack yet on Jerome Powell, the man he handpicked to...
04:39, 08/22/2019

How do you make more money when the Fed cuts rates? Savers are looking at lower rates, too, as experts forecast another Fed rate cut in September, and possibly in December.       ...
21:39, 09/18/2019

Here are the winners and losers if the Fed cuts rates Jay Jacobs of Global X Funds says a Fed rate cut will be challenging for banks, but the technology sector and energy pipeline companies could benefit....
11:13, 07/16/2019

Here's where you'll get the best returns on your savings even as the Fed cuts rates As the Federal Reserve lowers rates, some banks are pulling back their offerings on their savings accounts and certificates of deposit. Here are the best current offers....
21:13, 09/18/2019

Falling interest rates are sending a warning signal to the stock market The swift drop in interest rates may make mortgages and lots of other loans cheaper, but they don't necessarily mean good things for the stock market....
22:26, 05/28/2019

UPDATE 2-JPMorgan, Citi lower benchmark interest rates following Fed rate cut Two of the biggest U.S. banks, JPMorgan Chase & Co and Citigroup Inc, on Wednesday lowered their benchmark rates for a wide range of consumer and commercial loans, following a rate cut from the Federal Reserve....
00:01, 08/01/2019

Sanders, Ocasio-Cortez want to cap credit card interest rates at 15 percent The proposal from Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez is sure to meet stiff resistance from the banking industry, which brought in $113 billion in interest and fees from credit cards last year, up 35 percent from 2012....
21:26, 05/09/2019

The Fed Just Cut Interest Rates in Hopes of Extending the Longest Economic Expansion on Record (WASHINGTON) — The Federal Reserve is cutting its key interest rate for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump’s trade wars to chronically low inflation and a dim g...
22:52, 07/31/2019

Fed Officials Make the Case for Cutting Interest Rates as Risks Loom The presidents of the St. Louis and Minneapolis branches of the Federal Reserve want rates cut now, and even the central bank’s vice chair says uncertainty is growing....
19:00, 06/21/2019

Check Out Latest Fixed Deposit Interest Rates Of SBI, Post Office The interest rates on fixed deposits (FDs), which are revised from time to time, vary according to the tenor of a fixed deposit across various maturities. India Post - which operates a network of more......
15:39, 06/11/2019

Australian interest rates head for 1% as emergency measures loom for economy RBA governor drops strong hint of fresh cuts to 1.25% cash rate while experts say US-style quantitative easing is on the cardsInterest rates are heading for unprecedented lows below 1% and the Reserve Bank could even be forced into extraordinary meas...
21:13, 06/21/2019

Small Savings Schemes To Fetch Lower Interest Rates From Today Post office interest rates: The government currently reviews the interest rates applicable to small savings schemes such as the 15-year Public Provident Fund (PPF), the Senior Citizen Savings Scheme,......
06:13, 07/01/2019

U.S. House Speaker Pelosi blasts Trump pressure on Fed over interest rates The U.S. Federal Reserve should be independent and not under the influence of President Donald Trump in setting monetary policy, House of Representatives Speaker Nancy Pelosi said on Wednesday....
16:52, 06/19/2019

Trump needs to make peace with China and get a cut in interest rates | Larry Elliott US president’s target has tended to be Beijing but his focus is likely to turn more to the Federal ReserveStock markets around the world are sending a message to Donald Trump: end your trade war with China or face the nightmare scenario of running fo...
19:52, 05/29/2019

These Interest Rates, Investment Limits Apply To Your Post Office Account Post office interest rate: While an interest rate of 4 per cent is applicable on the deposit in the savings account, investment in the other savings schemes at the post office fetches interest at the......
14:13, 05/19/2019

Trump’s company could save millions if interest rates fall as he demands The Trump Organization could see large savings in payments it is making on roughly $345 million in loans, according to public filings and financial experts. ...
19:00, 08/24/2019

Are interest rates going down? Trade war, stock market, vulnerable economy may press Fed The Federal Reserve is likely to open the door to a possible rate cut in July, depending on U.S.-China trade talks in coming weeks, economists say.       ...
16:26, 06/17/2019

Your Money Adviser: Interest Rates on New Federal Student Loans Will Dip Slightly The rates, which will take effect on July 1, won’t make a big difference in monthly payments. But given the cost of college, one expert says, “this is a bit of good news.”...
21:39, 05/17/2019

UPDATE 3-Major U.S. banks lower benchmark interest rates following Fed rate cut Major U.S. banks lowered their benchmark rates for a wide range of consumer and commercial loans on Wednesday, following a rate cut from the Federal Reserve....
01:39, 08/01/2019

Trump Fed nominee Judy Shelton calls for bigger cut to interest rates Wall Street traders anticipate a more modest 25-basis-point cut when the Fed meets to set interest rate policy on July 30 and 31, but Shelton said there is justification for a deeper cut, citing weak economic conditions overseas....
21:13, 07/22/2019

How to adjust your borrowing, saving and investing as interest rates continue to decline The Federal Reserve just cut short-term interest rates. It's a good time to assess your exposure to low rates and opportunities to capitalize on them.       ...
19:00, 08/20/2019

Fed signals interest rate cuts possible later this year The U.S. Federal Reserve on Wednesday signaled it could cut interest rates by as much as half a percentage point over the remainder of this year, as it responded to increased economic uncertainty and a drop in expected inflation....
21:39, 06/19/2019

Australia cuts key interest rate to record low 1.25% Australia's central bank has cut its benchmark interest rate by a quarter of a percentage point to a new record low of 1.25% in the first rate change in almost three years....
08:00, 06/04/2019

Fed's Rosengren says interest rate cuts are 'not costless' Boston Federal Reserve Bank President Eric Rosengren, who dissented from the central bank's decision to cut interest rates earlier this week, repeated on Friday that monetary stimulus was not needed for the U.S. economy and posed its own problems....
22:39, 09/20/2019

Emerging Market Central Banks Keep Cutting Rates Then, interest rate hikes by emerging market central banks outstripped or matched cuts for nine straight months as they battled the fallout from a strong dollar, rising inflation and softer......
13:13, 07/02/2019

US Treasury yields lower after Fed cuts rates U.S. government debt prices were higher Thursday morning, after the Fed failed to signal further rate cuts this year, disappointing market expectations....
10:52, 09/19/2019

US Treasury yields mixed after ECB cuts rates U.S. government debt yields were mixed Friday morning as traders monitored developments in the U.S.-China trade war and digested the European Central Bank's (ECB) latest policy action....
11:13, 09/13/2019

Fed cuts rates again, gives mixed signals for next move The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move meant to sustain a decade-long economic expansion, but gave mixed signals about what may happen next....
01:26, 09/19/2019

Stocks Climb Back as Fed Cuts Rates U.S. stocks wobbled, then staged a late-session rebound after the Federal Reserve lowered interest rates but signaled a divided outlook for the rest of the year....
22:39, 09/18/2019

More Americans are finally moving cash to online banks for higher interest rates More Americans are moving their cash to online banks to earn interest of 2% or more. But many feel more comfortable with a local branch        ...
15:00, 05/23/2019

Some contrarians predict Trump's tariffs could trigger the sort of interest rates he can't stand The escalating trade war between the U.S. and China could cause interest rate hikes, the very opposite of what President Donald Trump wants, some analysts have told CNBC....
16:52, 05/16/2019

Check Interest Rates Offered By Banks On Income Tax-Saving Fixed Deposit According to the current Income Tax (I-T) law, a taxpayer can claim maximum tax deductions of up to Rs 1.5 lakh under Section 80C in a financial year....
04:26, 07/27/2019

Fed's Quarles: Regulatory Tools Better Suited Than Interest Rates to Promote Financial Stability The Federal Reserve’s point man on bank regulation said Thursday that interest rates should be used to achieve the central bank’s inflation and employment goals rather than to address concerns about financial stability....
04:26, 05/31/2019

Asia shares slip amid dampened expectations for Fed to slash interest rates Stocks in Asia were lower in Monday morning trade after a strong jobs report last Friday stateside moderated expectations that the U.S. Federal Reserve could soon be making a move on interest rates....
06:26, 07/08/2019

Fed Would Consider Interest-Rate Cuts if Growth Outlook Darkens Federal Reserve Vice Chairman Richard Clarida said the U.S. economy remains “in a very good place” but indicated the central bank would consider interest-rate cuts if economic data revealed a risk of a sharper slowdown than officials expect....
19:13, 05/30/2019

Central banks in Asia are cutting rates to prop up their economies — but that may not be enough "I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one strategist told CNBC....
05:52, 08/21/2019

Fed holds rates steady, signals cuts possible later this year The U.S. Federal Reserve held interest rates steady on Wednesday but signaled possible rate cuts of as much as half a percentage point over the remainder of this year, as it responded to increased economic uncertainty and a drop in expected inflation...
20:52, 06/19/2019

Fed Cuts Rates by a Quarter Point in Precautionary Move The Federal Reserve cut interest rates by a quarter-percentage point—the first reduction since 2008—in a preemptive strike to cushion the economy from a global slowdown and escalating trade tensions....
00:01, 08/01/2019

U.S. markets gyrate after Fed cuts rates, stocks fall Wall Street turned negative after Federal Reserve Chairman Jerome Powell characterized the U.S. central bank's first rate cut since 2008 as a "mid-cycle adjustment to policy," suggesting the move was not the start of a lengthy series of rate cuts....
06:52, 08/01/2019

U.S. 10-year yields may fall to 1.75% if Fed cuts rates - Goldman Benchmark U.S. 10-year Treasury yields may decline to 1.75% and the yield curve may steepen further if the Federal Reserve lowers interest rates two to three times, Goldman Sachs analysts said on Thursday....
18:26, 06/20/2019

ECB Cuts Rates and Launches Sweeping Stimulus Package The European Central Bank cut its key interest rate and launched a sweeping package of bond purchases, a pre-emptive move aimed at insulating the eurozone’s wobbling economy from a global slowdown and trade tensions....
14:39, 09/12/2019

Asia stocks mixed as RBA meeting minutes show willingness to move on interest rates Minutes from the Reserve Bank of Australia's monetary policy meeting in July showed the central bank was ready to adjust interest rates if required....
04:26, 07/16/2019

Growth of unprotected sex pushes up European syphilis rates A reduced fear among gay and bisexual men of catching HIV has led to riskier sex and higher rates of syphilis, a new report says. The disease can cause severe health complications if left untreated....
19:52, 07/12/2019

UPDATE 1-U.S. 30-year, 15-year mortgage rates fall to lowest since Nov 2016 -Freddie Mac Borrowing costs on U.S. 30-year and 15-year fixed-rate mortgages fell to their lowest levels since November 2016, in line with the recent decline in bond yields because of trade and recession fears, Freddie Mac said on Thursday....
18:13, 08/22/2019

Fed sees case building for interest rate cuts this year The U.S. Federal Reserve on Wednesday said it was ready to battle growing global and domestic economic risks with interest rate cuts beginning as early as next month, as it took stock of rising trade tensions and growing concerns about weak inflation...
02:26, 06/20/2019

Fed sees case for interest rate cuts this year building The U.S. Federal Reserve on Wednesday signaled it could cut interest rates by as much as half a percentage point over the remainder of this year in response to increased economic uncertainty and a drop in expected inflation....
23:13, 06/19/2019

Ex-Fed gov: Central bankers shouldn't cut rates again despite China using currency as trade weapon Larry Lindsey, president and CEO of the Lindsey Group and a former Fed governor, says central bankers should not cut rates again despite China using its currency as a trade weapon....
22:39, 08/05/2019

As Federal Reserve Cuts Rates, Some See Path to Higher Yields A reduction by the central bank could actually lead to higher long-term Treasury yields if such a cut helps spur inflation—or at least the fear of inflation among investors....
22:00, 07/31/2019

Fed cuts rates, facing global risks and pressure from Trump The Federal Reserve lowered its interest rate target by a quarter percentage point Wednesday, its second consecutive rate cut, in an effort to keep the economic expansion running despite signs of weakening global growth and domestic fears about Presi...
05:39, 09/19/2019

Fed Cuts Rates by Quarter Point but Faces Growing Split The Fed voted to cut interest rates by a quarter-percentage point for the second time in as many months to cushion the economy against a global slowdown amplified by the U.S.-China trade war. But the central bankers were divided over the decision and...
16:00, 09/19/2019

The Fed cuts rates and the tariff man tweets: Is the recession threat real? The latest 25 basis point interest rate cut by the Federal Open Market Committee came with the yawn it deserved, though it was one of the most anticipated cuts in recent Fed history. While the small cut did nothing to excite Wall Street and did even ...
10:00, 08/03/2019

Fed Holds Rates Steady, Hints at Possible Cuts if Outlook Dims Federal Reserve officials held their benchmark interest rate steady, but indicated they would cut rates in the months ahead if the economic outlook weakens....
01:13, 06/20/2019

Fed Cuts Rates By Quarter Point, But Faces Growing Split The Federal Reserve cut its short-term benchmark rate by a quarter point to cushion the U.S. economy against global economic headwinds. Officials left the door open for more but were split over the outlook for further reductions....
23:39, 09/18/2019

Dow Jones industrials gain 510 points after Fed signals it could cut interest rates if US trade conflicts slow economy NEW YORK (AP) — Dow Jones industrials gain 510 points after Fed signals it could cut interest rates if US trade conflicts slow economy....
22:39, 06/04/2019

Don't Get Too Used to Higher Bank Deposit Rates The “good times” for bank depositors may not last much longer. Investors increasingly think the Federal Reserve is on course to cut interest rates at least once this year. That makes it likely banks could start to reverse course on deposit rates....
22:00, 05/19/2019

U.S. cuts $185M in aid to Central America over immigration While Mexico avoided President Donald Trump's call for tariffs, other Central American countries will have their foreign aid cut because they haven't done enough to stop the flow of migrants into the United States....
15:52, 06/18/2019

Fuzzy jobs data is a weak argument for interest rate cuts Everybody seems to agree that last Friday’s employment report was a loser. And because only 130,000 new jobs were created in August, nobody would disagree that the Federal Reserve will likely cut interest rates next week to please President Trump and...
08:00, 09/10/2019

Mike Pence joins Trump in calling for interest rate cuts Vice President Mike Pence joined the chorus of Trump administration officials calling on the Federal Reserve to cut interest rates. “I think it might be time for us to consider lowering interest rates,” Pence said in an interview with CNBC Friday. Pe...
21:00, 05/03/2019

RBI Cuts Key Interest Rate To Lowest In 9 Years, Eases Policy Stance The six-member Monetary Policy Committee voted unanimously for a rate cut. It also switched to an accommodative bias from a neutral stance adopted in February....
09:52, 06/06/2019

Federal Reserve holds steady on rates but signals possible cuts ahead The US Federal Reserve held interest rates steady on Wednesday but signaled possible rate cuts of as much as half a percentage point over the remainder of this year, as it responded to increased economic uncertainty and a drop in expected inflation. ...
23:39, 06/19/2019

Bernie Sanders, Alexandria Ocasio-Cortez Call for ‘Federal Limit’ on Credit Card Interest Rates (Bloomberg) — Democratic presidential candidate Bernie Sanders and Representative Alexandria Ocasio-Cortez have accused banks of acting as “modern-day loan sharks” and called on Congress to enact a federal limit of 15% on credit-car...
18:39, 05/09/2019

Bank Stocks Hurt by More Than Falling Rates Bank stocks soared ahead of the S&P 500 early in the year, but recent worries that trade tensions will hit the economy have dented shares of lenders in several ways....
15:52, 05/29/2019

Federal Reserve expresses concern about U.S. economy and signals interest rate cuts are likely President Trump has urged the Fed to cut interest rates for months. Nearly half of Fed leaders predict there will be a rate cut by the end of the year....
05:00, 06/20/2019

Vice President Mike Pence backs Trump's call to lower interest rates, citing low consumer inflation Trump and economic advisor Larry Kudlow have also called for lower rates, though the Fed generally makes decisions independently of political demands....
22:52, 04/28/2019

Battling the Banks: Alexandria Ocasio-Cortez and Bernie Sanders Join Forces to Cap Interest Rates on Credit Cards Rep. Alexandria Ocasio-Cortez, aka the Notorious AOC, and Sen. (and Democratic presidential hopeful) Bernie Sanders are joining forces to take on America’s credit card problem, introducing legislation in the House and Senate to limit interest rates t...
12:52, 05/10/2019

Central Bank Independence After inflation ran amok in the 1960s and 1970s, many central bankers fought for, and won, more freedom to control interest rates and set other monetary policy decisions without political interference. Their shields began to crack after the 2008 fina...
20:39, 07/08/2019

Poland, central European nations mark 15 years in EU Poland and other central European nations are marking the 15th anniversary of their membership in the European Union with a leaders’ summit in Warsaw...
15:52, 05/01/2019

Microsoft to open first European store in central London Firm shows commitment to UK with shop, which features a gaming lounge and AR devicesMicrosoft is opening its first European store on Oxford Street, in London featuring a McLaren Senna car customised as an Xbox driving simulator, a gaming lounge and a...
17:26, 07/10/2019

Bank of America trims net interest income guidance Bank of America Corp lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-largest U.S. lender reported higher-than expected earnings fueled by strong consumer trends....
18:13, 07/17/2019

Is your bank paying you enough interest on savings and CDs? Here's how to find out Tapping higher-interest savings accounts can help protect the buying power of your money. Here are 3 tips from experts.       ...
15:39, 06/24/2019

Bank Reserves: What Are They and Why a Shortage Is Roiling a Key Interest Rate Bank reserves are normally obscure, even to bankers and professional investors. But this week they have hit the news when a shortage of them caused a key measure of borrowing costs—known as the overnight repo rate—to spike....
13:26, 09/19/2019

Bank of England set to keep rates on hold over Brexit unease LONDON (AP) — The Bank of England is expected to keep interest rates on hold Thursday but indicate a possible increase later this year despite uncertainty over Brexit. The rate-setting Monetary Policy Committee is tipped to keep its key rate at 0.75%...
07:13, 06/20/2019

One major bank is holding the line, saying the Fed won't cut rates this year The economists at Citi maintained their call for no rate cuts this year after the Federal Reserve said the case for an easier monetary policy has strengthened....
21:52, 06/20/2019

World stocks are rallying after a trio of central banks cut rates and China calmed investors' nerves AP Images / Richard Drew World stock markets rallied on Thursday after central banks in New Zealand, India, and Thailand announced surprise cuts to interest rates. China also fixed its reference rate at a stronger level than expected, and released p...
07:52, 08/09/2019

WRAPUP 4-Australia cuts rates as global cbanks move to head off trade shocks Australia's central bank cut rates to a record low on Tuesday and signalled willingness to go further as a worsening Sino-U.S. trade war raises recession risks for the world economy, pushing policymakers into what could be a global monetary easing cy...
12:26, 06/04/2019

WRAPUP 3-Australia cuts rates as global cbanks move to head off trade shocks Australia cut interest rates to a record low on Tuesday as a worsening trade war between Beijing and Washington raises recession risks for the world economy and pushes major central banks into what could be a global monetary easing cycle....
11:39, 06/04/2019

Fed Sees Three Dissents at Meeting for First Time Since 2016 Three Federal Reserve officials voted against the central bank’s decision to cut interest rates by a quarter percentage point, the largest number of formal dissents since Jerome Powell became chairman....
23:39, 09/18/2019

Is India's central bank still independent? When India’s central bank recently approved a $24.4 billion payout to the federal government, questions were raised whether Prime Minister Narendra Modi had pushed the bank into a more political role. So, has he?...
00:00, 09/14/2019

European Central bankers hold out hope for growth rebound Top officials at the European Central Bank at their last meeting held on to their hopes for a return to stronger growth in the second half of the year even as they underlined their readiness to deploy more stimulus if needed...
13:52, 05/23/2019

European central bankers claim oversight over Facebook’s cryptocurrency Three European central bankers are claiming oversight over Facebook's planned virtual currency to ensure it will not jeopardize the financial system or be used to launder money....
14:13, 06/21/2019

High-Interest Online Bank Accounts Could Lose Some Shine Big banks bet that online savings accounts would help them bring in customers when rates were rising. Now that rates are falling, that growth may stall....
16:00, 09/16/2019

Bank of England warns of interest rate rise over next three years A rise in growth above 1.5% in 2020 and 2021 would be enough for the economy to begin overheatingBank of England governor Mark Carney has warned that a modest recovery over the next three years will warrant higher interest rates than financial market...
23:39, 05/02/2019

UPDATE 4-Bank of America trims net interest income guidance Bank of America Corp lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-largest U.S. lender reported higher-than expected earnings fueled by strong consumer trends....
03:13, 07/18/2019

Bank of Canada holds rates at 1.75% with no hint about future moves Canada's central bank said the economic damage from the U.S.-China trade war is worse than expected but did not mention the possibility of a future rate cut....
18:52, 09/04/2019

ULEZ cuts number of worst polluting cars in central London Mayor hails ‘significant impact’ in first month of capital’s ultra-low emission zoneThe number of the worst polluting cars and vans driving into central London dropped sharply in the first month of the ultra-low emissions zone.Initial figures show th...
13:26, 05/16/2019

Central banks around the world are surprising markets with aggressive rate cuts: Here's why Central banks in New Zealand, India and Thailand all announced larger-than-expected cuts to interest rates on Wednesday, furthering a global trend of monetary policy easing....
15:26, 08/07/2019

Trio of Central Banks Surprise Markets With Aggressive Rate Cuts Three central banks in the Asia-Pacific region lowered interest rates in a surprisingly aggressive fashion as the fallout from the U.S.-China trade war intensified, suggesting the global rate-cut cycle will gather steam in the months ahead....
18:13, 08/07/2019

The Downsides of Central Bank Mission Creep Many central banks argue that they have a mandate to act on the impact from climate change. This sort of mission creep might only serve to enmesh central banks more in politics—and make them less reliable for investors....
15:13, 06/18/2019

Germany's central bank warns of possible recession The Bundesbank has warned that a slump in the German economy could have continued over the summer. It cited the US-China trade war as one factor weighing on German exports....
19:13, 08/19/2019

U.S. car tariffs alone would have limited impact on EU, central bank says The immediate impact of such levies would be small even though escalating trade tensions could have grave consequences for the global economy, a study concludes....
20:26, 04/28/2019

Japan's Lesson for the Fed: No Central Bank Is an Island In the rally currently roaring through the global bond market, Japan is being left behind, exposing the key flaws in its unique monetary policy platform....
13:00, 06/19/2019

The Central Bank Punishing Lenders That Won’t Lend Nigeria’s central bank introduced measures last year to encourage commercial banks to lend more, part of a bid to revive one of Africa’s biggest economies. Credit growth, however, has stagnated, despite the new rules enabling lenders to deploy funds ...
15:13, 07/29/2019

China's central bank could be trying to shore up the yuan The People's Bank of China set the midpoint at 7.0810 per dollar — weaker than the previous day's fix, but stronger than what markets expected....
12:00, 08/27/2019

US imposes new sanctions on Iran's central bank President Donald Trump says the US has imposed new sanctions on Iran's central bank following Tehran's alleged involvement in last weekend's drone and cruise missile attacks on Saudi oil facilities....
21:26, 09/20/2019

A New Central Bank Approach: Pay Banks to Lend If you think negative interest rates are weird, brace yourself: The European Central Bank is about to start lending to some banks at less than it pays them for putting money on deposit....
14:39, 09/17/2019

China may have a new way of boosting its economy. Here's what the central bank just did China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months....
10:52, 08/20/2019

China's Yuan Weakens Despite the Will of its Central Bank Why has China's central bank let the yuan plunge against the US Dollar since April 2018? Well, China's central bank tried and failed to change the trend. who saw the decline coming? Chart of the Day has the answer....
22:00, 06/10/2019

Central European countries block EU moves towards 2050 zero carbon goal Poland, Hungary and Czech Republic refuse to sign up to text that activists already viewed as too vagueA trio of central European countries have blocked the EU from inching closer to a net-zero carbon emissions target for 2050.European leaders meetin...
02:13, 06/21/2019

Deutsche Bank Considers Up to 20,000 Job Cuts Deutsche Bank could target 15,000 to 20,000 job cuts, or more than one in six full-time positions globally, according to a person familiar with high-level discussions about the latest attempts to turn around the struggling financial giant....
15:52, 06/28/2019

Deutsche Bank considering up to 20,000 job cuts, WSJ reports Deutsche Bank AG is considering cutting 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the Wall Street Journal reported on Friday, citing people familiar with the discussions....
16:52, 06/28/2019

After Deutsche Bank cuts, where will the growth be? For Deutsche Bank chief executive Christian Sewing, shrinking the group's investment bank will be the relatively easy - if expensive - part of his restructuring plan....
21:39, 07/07/2019

Oil rises on European inventories drop and expected OPEC cuts Oil prices rose on Friday, supported by a drop in European inventories and expectations of more OPEC production cuts despite the International Energy Agency (IEA) reporting demand growth at its lowest since the financial crisis of 2008....
16:52, 08/09/2019

Nation's largest bank contemplates new fees for consumers if rates hit zero JPMorgan Chase CEO Jamie Dimon said the bank has discussed the idea of new fees if interest rates go to zero, according to the Wall Street Journal.       ...
19:13, 09/11/2019

U.S. stocks close lower amid fears strong jobs data will work against interest rate cuts U.S. markets came off all-time highs on Friday as investors interpreted strong employment data as an argument against their much hoped-for interest rate cuts. All three indices closed Friday in the re......
00:26, 07/06/2019

President Trump rips Fed as 'boneheads,' calls for zero or negative interest rates President Donald Trump on Wednesday blasted the Federal Reserve, exhorting the board to lower interest rates to zero or possibly even below zero.       ...
19:13, 09/11/2019

Trump Sets the 2020 Tone: Like 2016, Only This Time ‘the Squad’ Is Here The president boasted of “marrying” Nancy Pelosi to four progressive congresswomen of color, betting that he can cast the entire Democratic Party as radical....
15:52, 07/17/2019

Trump escalates war of words with central bank boss Donald Trump has stepped up his attacks on Federal Reserve chairman Jerome Powell, comparing him to a bad golfer and blaming the US central bank for slow economic growth....
21:26, 08/21/2019

India's central bank is on track for 'at least one more' rate cut, JPMorgan says The Reserve Bank of India cut its policy repo rate, or the rate at which it lends to banks, by 25 basis points from 6% to 5.75% and changed its stance from neutral to accommodative....
13:39, 06/07/2019

The Central Bank Punishing Lenders That Won’t Lend: QuickTake Nigeria’s central bank introduced measures last year to encourage commercial banks to lend more, part of a bid to revive one of Africa’s biggest economies. Credit growth, however, has stagnated, despite the new rules enabling lenders to deploy funds ...
13:52, 07/26/2019

Former Fed Leaders Plea for Central Bank's Political Independence All four former still-living Fed chairs—Paul Volcker, Alan Greenspan, Ben Bernanke and Janet Yellen—made their case for the central bank to remain independent and free from short-term political pressures....
12:39, 08/06/2019

| Liberia president seeks to clean up central bank Liberian President George Weah has shaken up the leadership of the Central Bank of Liberia in a bid to restore confidence in an institution dogged by scandal....
00:52, 05/30/2019

Turkey’s President Removes Head of Central Bank Differences between Recep Tayyip Erdogan and the bank’s governor, Murat Cetinkaya, had deepened as the bank held its benchmark interest rate at 24 percent....
17:40, 07/06/2019

China's Central Bank to Free Up $126 Billion for Lending The People’s Bank of China plans to reduce the amount of reserves that commercial banks are required to keep with the central bank by half a percentage point as the world’s second-largest economy faces increasing pressure from a trade war with the U....
14:39, 09/06/2019

Have central bank gambles paid off? | Mohamed El-Erian Unconventional policies may have staved off short-term economic collapse but they may not foster long-term growthIn recent years, central banks have made a large policy wager. They bet that the protracted use of unconventional and experimental measur...
14:13, 07/22/2019

Brazil economy likely shrank in Q1, says central bank chief Brazil's economic slowdown of late last year spilled over into this year, so much so that there's a "relevant probability" that the economy contracted slightly in the first quarter, central bank President Roberto Campos Neto said on Thursday....
16:13, 05/16/2019

Five Ways A Rate Cut By US Central Bank Could Affect Consumers The US central bank is expected to cut its benchmark rate by one quarter of a percentage point to a range of 1.75-2 per cent, the second rate reduction this year. Broader impacts of the Federal......
11:52, 09/18/2019

Italy central bank to spurn firms that don't go green The Bank of Italy plans to adopt investment criteria which reward companies that take action on climate change, joining other central banks, commercial banks and fund managers in ratcheting up pressure on boardrooms to go green....
12:13, 05/18/2019

UPDATE 1-Trump says U.S. has sanctioned Iran's central bank The United States has imposed sanctions on Iran's central bank, U.S. President Donald Trump told reporters at the White House on Friday, nearly a week after attacks on oil facilities in Saudi Arabia that some U.S. officials have pinned on Tehran....
18:00, 09/20/2019

Fed's Brainard Says Central Bank Should Welcome Modest Rise in Inflation Fed governor Lael Brainard said the central bank’s commitment to maintaining stable prices would benefit from a modest rise in inflation over the coming years, an indication the central bank wouldn’t need to raise interest rates should price pressure...
19:39, 05/16/2019

Fed Governor Says Central Bank Could Take Advantage of Trade War Inflation Lael Brainard, a Fed governor, said the potential inflation on imports caused by President Trump’s tariffs could help the central bank achieve one of its primary goals....
20:52, 05/16/2019

US-China trade war unlikely to end soon, ex-Chinese central bank chief says The deadlock over trade between the U.S. and China is unlikely to end during next month's G20 summit in Japan, with a former Chinese central bank chief blaming President Trump for the lack of breakthrough....
12:52, 05/31/2019

Germany likely to head into recession, central bank warns Bundesbank says summer’s slump in exports is expected to continue into the autumnGermany’s economy is heading into recession after the country’s central bank warned that a slump in exports during the summer was likely to continue into the autumn.The ...
21:39, 08/19/2019

Pakistan appoints IMF economist to head central bank ISLAMABAD (AP) — Pakistan’s Finance Ministry has appointed an IMF economist to head its central bank amid ongoing talks with the international lending agency over a key $8 billion bailout package. The ministry named Reza Baqir as governor of th...
08:39, 05/05/2019

Erdogan Dismisses Governor of Turkey's Central Bank President Recep Tayyip Erdogan has dismissed the governor of Turkey’s central bank, sparking fresh investor concerns over the independence of an institution that has strained to combat runaway inflation....
13:13, 07/07/2019

China's central bank has one less worry after the Fed's rate cut, analysts say The U.S. Federal Reserve's interest rate cut takes some pressure off the People's Bank of China, amid the multitude of challenges it already faces to keep the economy growing steadily....
10:26, 08/01/2019

Central bank slashes German growth predictions Germany's Bundesbank has cut its projections for economic growth in 2019, citing "lackluster" exports. It said both growth and the inflation rate in the eurozone's biggest economy were currently facing risks....
18:52, 06/07/2019

India Post Payments Bank Savings Accounts: Interest Rate And Other Details India Post Payments Bank offers a range of services such as money transfer, direct benefit transfers, bill and utility payments, and enterprise and merchant payments....
16:13, 08/18/2019

UPDATE 1-European car lobby cuts 2019 sales forecast to 1% fall Europe's automotive lobby on Thursday cut its forecast for passenger car registrations this year to a 1% fall from a 1% rise, blaming slower growth and business concerns over Britain's impending exit from the European Union....
14:13, 06/27/2019

Mexico central bank governor says core inflation a 'challenge' Mexican central bank Governor Alejandro Diaz de Leon sees core inflation as a 'challenge' and said the bank will consider new information over the coming weeks before taking further monetary policy actions, he told Reuters in an interview on Thursday...
08:52, 08/16/2019

Former Fed leaders fight Trump's attempts to influence central bank Four former Federal Reserve leaders are stressing the importance of an independent central bank in maintaining economic stability as President Trump attempts to influence its current chief through barbed public statements and Twitter posts....
19:00, 08/06/2019

Saudi Arabia deposits $250 million in Sudan central bank Saudi Arabia has deposited $250 million into the central bank of Sudan to support its financial position, the Saudi Finance Ministry said in a statement on Tuesday....
19:00, 08/06/2019

Former Fed official urges central bank not to ‘bail out’ Trump on the economy William C. Dudley, the former New York Fed chief, said “officials could state explicitly that the central bank won’t bail out an administration that keeps making bad choices on trade policy.”...
19:52, 08/27/2019

Iran central bank head says new sanctions show U.S. failure Iran's Central Bank governor said on Friday a U.S. move to sanction the bank for a second time on new grounds showed Washington had failed to find new ways to pressure Tehran, the semi-official Tasnim news agency reported....
21:52, 09/20/2019

China's Central Bank Unveils New Mortgage Loan Policy China’s central bank adjusted interest-rate mechanisms Sunday for the second time this month, this time focused on mortgage loans, in what it said was a bid to price them closer to market rates but also in ways that might avoid further inflating prop...
04:00, 08/26/2019

Mexico's central bank governor says economy growing below potential The head of Mexico's central bank said on Wednesday that consumption in Latin America's second-largest economy could pick up again even if recent data pointed to a slowdown....
18:13, 08/21/2019

U.S. sanctions Iran's central bank, fund after Saudi oil attack The United States on Friday imposed another round of sanctions on Tehran, including on Iran's central bank and a development fund, following last week's attack on oil facilities in Saudi Arabia that Riyadh and Washington have blamed on Iran....
18:26, 09/20/2019

Global stocks gain on hopes of central bank stimulus Global stock markets gained on Monday as investors pinned their hopes on stimulus that's expected from the world's central banks to support slowing growth....
11:39, 09/09/2019

Environment activists block entrance to Norwegian central bank Protesters from the environmental group Extinction Rebellion blocked access to Norway's central bank on Friday, demanding that its $1 trillion wealth fund, the world's largest, stop investing in companies that burn coal....
15:52, 05/24/2019

German central bank expects feeble growth in second quarter BERLIN (AP) — Germany’s central bank says it expects the country’s economy, Europe’s biggest, to turn in a feeble performance in the current quarter after returning to growth in the winter. Solid consumer spending and a construction...
15:26, 05/20/2019

Australia's central bank takes 'responsibilty' for note typo Millions of A$50 ($35) banknotes in Australia have an embarrassing typographical error that was overlooked by the country's central bank before they were printed and circulated....
07:26, 05/09/2019

Venezuela's Central Bank Releases Data on Dire Economy Venezuela’s economy contracted 19.2% in the first nine months of 2018 from the year-earlier period, as private consumption fell sharply and inflation soared in the crisis-racked nation, Venezuela’s central bank said....
09:13, 05/29/2019

South Africa's rand falls as ANC squabbles over central bank South Africa’s rand fell early on Thursday to its lowest this year as a dispute within in the ruling African National Congress over the central bank weakened demand....
11:13, 06/06/2019

The Philippines central bank: Is Duterte’s outsider a governor for the people? When the Philippines needed a new central bank governor earlier this year, no one expected the president to pick an outsider for the job. During his first months in office, Benjamin Diokno has promised – and started – to deliver measures to spur expa...
15:26, 09/18/2019

Lebanon stock trading suspended over central bank strike BEIRUT (AP) — The Beirut Stock Exchange says it is suspending trading due to the open strike declared by the employees of Lebanon’s central bank. Hundreds of Lebanese public employees are on strike amid concerns that their salaries and benefits...
14:13, 05/06/2019

Australia's central bank will consider a rate cut at June meeting, governor says Australia's central bank will consider the case for lower interest rates at its June policy meeting, Governor Philip Lowe said in a speech on Tuesday....
11:00, 05/21/2019

Lebanon’s Central Bank workers suspends strike for 3 days BEIRUT (AP) — Employees at the Central Bank of Lebanon have suspended their open-ended strike for three days, saying they hope their wages and benefits will not be cut. The strike began last Friday and raised concerns it could paralyze the country...
11:00, 05/07/2019

Venezuela's opposition congress names ad-hoc central bank board Venezuela's opposition-controlled National Assembly on Tuesday appointed an ad-hoc board for the country's central bank with the aim of "protecting its international reserves" from President Nicolas Maduro's government....
22:39, 07/16/2019

Take it easy: central bank U-turns loosen financial conditions Rate cut bets and rallying equity and bond markets are feeding into a gradual loosening of financial market conditions that could potentially send world growth ticking higher by the end of the year,......
21:39, 07/18/2019

German central bank chief slams ECB stimulus package Interest rate cuts and bond-buying programs to boost Europe's flagging economy "overshot the mark," according to Jens Weidmann. And he wasn't the only central banker to criticise Mario Draghi's monetary policy plans....
00:00, 09/14/2019

Central Bank alters monetary policy to stabilise peso With the apparent approval of the International Monetary Fund (IMF), the Central Bank was able to face money markets at the start of last week without the previous restrictions on the exchange rate – the fourth change to monetary policy in six weeks....
18:52, 05/04/2019

Global stocks, yields steady with Fed, central bank meetings on tap A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as investors girded for developments later in the week from central banks in the United States and else...
19:52, 06/17/2019

Swiss Central Bank Fires Warning Shot on Currency The Swiss central bank appears to have taken its most significant steps to weaken the Swiss franc in two years, after looming rate cuts from U.S. and European central banks put upward pressure on the currency....
19:13, 07/29/2019

Lebanon's Central Bank workers suspends strike for 3 days Employees at the Central Bank of Lebanon have suspended their open-ended strike for three days, saying they hope their wages and benefits will not be cut....
14:13, 05/07/2019

Argentine central bank uses $50 million in reserves to defend the peso Argentina's central bank used $50 million in its own reserves, for the first time since September last year, to intervene in the foreign exchange market and defend the peso in the face of a massive sell-off, traders said....
19:13, 08/12/2019

Iran central bank: U.S. sanctions aren't harming oil exports The leader of Iran's central bank on Wednesday downplayed the impact of existing and new U.S. sanctions -- retaliatory measures by the Trump administration to punish Tehran for nuclear and military activity....
01:00, 06/27/2019

Deutsche Bank plans cuts at its US equities business Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about its performance, four sources familiar with the matter told Reuters....
10:13, 05/24/2019

Moody's Cuts Yes Bank Ratings With "Negative" Outlook Moody's expects the bulk of Yes Bank's operating profits will get consumed by loan loss provisions over the next 12 to 18 months, and thus not support internal capital generation....
00:39, 08/29/2019

Austrian national bank cuts Q2 growth forecast to 0.3 pct Austria's national bank on Tuesday lowered its second-quarter growth forecast for the country by 0.1 percentage points to a quarterly rate of 0.3% in real terms....
12:13, 05/21/2019

Even as Goldman Sachs and Ally Bank cut deposit rates, high-yield savings accounts still pay As the probability of a rate cut increases, banks will start to lower deposit rates offered to consumers. Goldman Sachs and Ally Financial have already done so....
16:00, 07/05/2019

How Deutsche Bank’s Woes Infect All European Lenders Europe has too many banks making too little money. The continent’s big lenders appear to lurch from crisis to crisis, burning through chief executives and seemingly endless resets of strategy. The flailing is particularly dramatic when compared with ...
13:00, 07/08/2019

Deutsche Bank and UBS Explored European Banking Alliance Deutsche Bank and UBS had talks as recently as mid-June to form an unusual alliance of investment-banking operations, according to people familiar with the discussions....
12:00, 08/25/2019

UPDATE 2-Britain's grocery sales fall for first time since June 2016 -Kantar British grocery sales fell by 0.5% in the latest 12 week period in their first decline since June 2016, industry data showed on Tuesday, sending shares across the sector lower. Market researcher Kantar said the sales dip reflected a heatwave a ye...
12:13, 07/23/2019

Turkish Lira Falls After Erdogan Ousts Central Bank Chief The Turkish lira dropped sharply as President Recep Tayyip Erdogan’s decision to fire the governor of the central bank left investors worried about economic mismanagement in a country dealing with high inflation and sluggish growth....
14:39, 07/08/2019

Dutch central bank has new rules for crypto, says it’s ‘vulnerable to financial crime’ The Dutch central bank has today announced it must begin supervising cryptocurrency companies (including wallet providers) under the fifth European anti-money laundering directive, which came into effect in July. Firms that offer services to exchange...
16:39, 09/03/2019

Central banks will want oversight of Facebook's Libra: Bank of England's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said....
10:00, 06/21/2019

Turkey fires central bank governor as policy differences deepen Turkey on Saturday fired its central bank governor and replaced him with the bank's deputy governor, a presidential decree published on the official gazette showed....
12:01, 07/06/2019

Dutch central bank tested blockchain for 3 years. The results? ‘Not that positive’ The Dutch central bank developed and evaluated four distributed ledger technology (DLT) prototypes in three years, but so far blockchain hasn’t lived up to the hype, The Banker reports. In fact, the only use-case it can easily envision is cross-borde...
16:39, 05/01/2019

Bond Yield Hits 20-Month Low After US Central Bank Signals Rate Cut The benchmark 10-year bond yield was at 6.75 per cent, as of 9:15 am, its lowest level since October 17, 2017, and down 9 basis points from its previous close....
09:13, 06/20/2019

Turkey fires central bank chief as economic crisis endures No reason was given for Murat Cetinkaya's sacking, but the governor had been loath to cut the interest rate from 24%. Over the past year, Turkey has faced skyrocketing inflation as a result of a debt and currency crisis....
13:13, 07/06/2019

UPDATE 1-China central bank urges calm after Baoshang takeover China's central bank sought to calm investors on Sunday after last month's takeover of Inner Mongolia-based Baoshang Bank, saying regulators are not planning any more such moves for the moment....
00:26, 06/03/2019

China Central Bank "Resolutely Opposed" To US Currency Manipulator Label China's central bank said Tuesday it is "resolutely opposed" to the US labeling Beijing a currency manipulator as trade tensions surge between the world's two biggest economies....
16:13, 08/06/2019

Treasury yields rise as traders look ahead to central bank decisions U.S. government debt prices fell on Tuesday as traders await monetary policy decisions from the European Central Bank (ECB) this week and the Federal Reserve next week....
12:26, 07/23/2019

Brazil’s central bank aims to stimulate competition through open banking New regulation would see top-12 banks adopt open banking second half of next year; central bank hopes better risk management will lower cost of credit, spur growth....
14:09, 05/01/2019

China's central bank adviser says U.S. tariffs could cut GDP growth by 0.3 percentage points Plans by Washington to hike tariffs on $200 billion of Chinese goods could cut China's growth by 0.3 percentage points but the strengthening economy has become more resilient to external shocks, a Chinese central bank adviser said on Friday....
03:39, 05/10/2019

Russia's thirst for gold is just a diversification play, central bank governor says Russia's surge in gold buying over the past year is simply down to a wish to diversify its portfolio of reserves, the central bank governor told CNBC Friday....
18:13, 04/28/2019

Lebanon central bank workers strike, PM demands budgetary 'realism' Lebanese central bank employees went on strike on Monday over state budget proposals that would cut their benefits but Prime Minister Saad al-Hariri said failure to pass a "realistic" budget would be like a "suicide operation" against the economy....
01:13, 05/07/2019

Trump Asks Who Is Bigger Enemy, US Central Bank Chief Or China's Xi President Donald Trump reacted furiously on Friday after Federal Reserve Chair Jerome Powell spoke about the trade war with China and economic risks to the United States, asking whether his appointee......
22:26, 08/23/2019

Ukraine central bank sounds alarm over threats to officials after car blaze Ukraine's central bank said the torching of a vehicle owned by the family of its former governor, Valeria Gontareva, was evidence of "psychological and physical pressure" being exerted on her, days after Gontareva herself was hit by a car in London....
21:26, 09/05/2019

Erdogan reportedly said Turkey may face 'serious problems' if the central bank is not overhauled A presidential decree released Saturday said Turkish central bank Governor Murat Cetinkaya was removed from his post and replaced with his deputy, Murat Uysal....
13:00, 07/10/2019

Global Central Bank Shift Eases Drag on Chinese Currency Shifts toward easier monetary policy by central banks in the U.S. and Europe have reduced some of the downward pressure building on China’s currency....
12:52, 06/22/2019

Prosecutor drops Greek central bank chief’s corruption probe A Greek prosecutor has shelved an investigation into alleged involvement of the country’s central bank chief in a politically-charged pharmaceutical bribery scandal...
19:13, 08/29/2019

Asian stocks up slightly as investors await central bank moves Asian stocks rose slightly Monday. Investors are looking out this week for signs about how central banks around the world may take action to support economic growth....
08:52, 09/09/2019

Stocks Tread Water Ahead of Major Central Bank Meetings Investors await a series of central bank policy meetings this week, with the main focus to be on the Federal Reserve, whose members are likely to debate an interest-rate cut....
14:39, 06/17/2019

Brazil will not sacrifice curbing inflation for growth - central bank chief Brazil's central bankers are disappointed with how the economy is performing but will not sacrifice controlling inflation for boosting growth, central bank president Roberto Campos Neto said on Thursday....
17:52, 05/16/2019

Pompeo cuts short European visit to return early to Washington: U.S. State Department U.S. Secretary of State Mike Pompeo has postponed his visit to Greenland because he needs to return to Washington, the State Department said on Thursday....
09:52, 05/09/2019

Deutsche Bank predicts rate cuts are coming all over the world Cuts to interest rates can be expected around the world following dovish pivots from the European Central Bank and the U.S. Federal Reserve, according to analysts at Deutsche Bank....
11:00, 07/25/2019

Bank of England cuts forecast in 1st warning of no-deal EU exit The threat of Britain leaving the European Union this fall without a detailed agreement with the 28-member bloc led the Bank of England Thursday to cut its growth forecast for the next two years....
21:13, 08/01/2019

Deutsche Bank ready for more cuts as share price sags FRANKFURT, Germany (AP) — The CEO of Deutsche Bank says he is ready to make “tough cuts” as he aims to strengthen the struggling bank’s profitability and raise a “disappointing” share price. Christian Sewing made the sta...
11:39, 05/23/2019

Factbox: Deutsche Bank staff react to 18,000 global job cuts Whole teams at Deutsche Bank were told on Monday their jobs had been axed as it began 18,000 job cuts globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis....
21:39, 07/08/2019

Leading investor in Britain's Metro Bank cuts stake by nearly a third U.S. investment firm Fidelity Management & Research, one of the biggest investors in Britain's Metro Bank, has cut its stake in the lender by almost a third....
15:26, 05/10/2019

Deutsche Bank shares rise as 18,000 global job cuts begin Deutsche Bank shares rose on Monday as it launched one of the biggest overhauls of its investment bank since the financial crisis by cutting 18,000 jobs around the world, starting the day with cuts in Asia....
09:26, 07/08/2019

Deutsche Bank chairman signals cuts are in store as AGM starts Deutsche Bank Chairman Paul Achleitner on Thursday signaled cuts are in store at Germany's largest lender and that the chief executive would soon elaborate on the topic at the bank's annual general meeting....
10:39, 05/23/2019

Bank cuts business with companies running detention centers Bank of America will end its association with companies that provide prisoner and immigrant detention services at both the state and federal levels. The move comes amid growing public concern about the nation's border policies....
08:13, 06/27/2019

European Investment Bank proposes end to fossil fuel lending The European Investment Bank wants to stop funding new fossil fuel-reliant projects by the end of 2020, a draft of the EU lending arm's new energy strategy showed on Friday....
19:26, 07/26/2019

Deutsche Deal Failure Points to U.S.-European Bank Divide The scuttled Deutsche Bank-Commerzbank deal highlights how European banks’ recovery from the financial crisis has lagged well behind that of their U.S. rivals....
18:52, 04/28/2019

Credit Suisse CEO dismisses European bank mergers as 'solution' Mergers are not the best way to help Europe's banks deal with negative interest rates, Credit Suisse Chief Executive Tidjane Thiam said in an interview published on Sunday....
11:39, 06/02/2019

Bank of England faces climate change protests ahead of interest rate decision - business live Rolling coverage of the latest economic and financial news, as activists urge the Bank of England to help address the climate change crisisIntroduction: Protests outside the Bank of EnglandActivists urge Bank to ‘green’ its bond-buying programme“Why ...
09:52, 05/02/2019

Mexico central bank board member says this is 'game changer' after U.S. tariff threat Mexican central bank board member Jonathan Heath said on Twitter Thursday night "this is a game changer," after U.S. President Donald Trump vowed to impose a tariff on all goods coming from Mexico if the flow of illegal immigrants across the southern...
06:39, 05/31/2019

Brazil needs concrete progress on reform to anchor inflation -central bank chief Concrete progress on Brazil's fiscal and economic reform agenda is crucial to a benign outlook for inflation, central bank President Roberto Campos Neto said on Thursday, adding that current inflation expectations are in line with targets....
02:39, 07/05/2019

Hard for Xi, Trump to make progress on trade: former China central bank chief China's President Xi Jinping and U.S. President Donald Trump are likely to find it "difficult" to make major progress toward ending their countries' trade war when they meet at a G20 summit in Japan in June, a former Chinese central bank chief said o...
06:39, 05/31/2019

US tariffs could cut China's GDP growth by 0.3 percentage points, says Chinese central bank advisor Plans by Washington to hike tariffs on $200 billion of Chinese goods could cut China's growth by 0.3 percentage points but the strengthening economy has become more resilient to external shocks, a Chinese central bank advisor said on Friday....
04:13, 05/10/2019

Banks reopen after workers suspend austerity strike against Lebanon Central Bank Employees at Lebanon's Central Bank have decided to suspend their strike until Friday -- hoping negotiations with the government over proposed austerity measures will lead to a breakthrough....
20:13, 05/07/2019

China's central bank denies it's devaluing country's currency to counter tariffs China has allowed its yuan to break through 7 against the dollar for the first time in 11 years, but it insisted the move is not "competitive devaluation."...
15:52, 08/05/2019

Trade war could trigger a 'global financial crisis,' says ex-China central bank chief China continued to ramp up the rhetoric against the U.S. on Friday, with a former Chinese central bank chief saying that further escalation in trade tensions between Washington and Beijing could greatly hurt the global economy....
14:00, 05/31/2019

Bond yields, stock prices supported ahead of central bank meetings Asian stock markets held firm and bond yields rose on Wednesday as hopes of diminishing U.S.-China tensions and reduced risk of no-deal Brexit prompted investors to take profit in risk-off trade ahead of key central bank policy meetings....
08:01, 09/11/2019

Wall Street mixed ahead of major earnings, key central bank meetings The S&P 500 index pared early gains to tread water on Monday, as investors awaited key central bank meetings for direction on the path of interest rates and earnings from marquee names including Facebook and Amazon that are set to report this week....
19:26, 07/22/2019

Central bank policy has left no 'safe havens' for investors, bond expert says There are no traditional "safe havens" for investors anymore given the current climate for bond yields, according to Stephen Oh, the global head of credit and fixed income at PineBridge Investments....
16:52, 09/11/2019

South Korea’s central bank lowers rate amid Japan trade row South Korea’s central bank has cut its policy rate for the first time in three years to combat a faltering economy that faces further risks from a heated trade dispute with Japan...
05:26, 07/18/2019

Asia markets edge up ahead of trade talks, central bank decisions Stocks in Asia Pacific edged up in Tuesday morning trade as investors await developments from U.S.-China trade talks this week in Shanghai as well as monetary policy decisions from major central banks....
02:52, 07/30/2019

Rising bond yields support value stocks ahead of central bank meetings Bond yields climbed and stock markets held steady on Wednesday, as hopes of easing U.S.-China tensions and diminished risk of a no-deal Brexit prompted traders to take profit before key central bank meetings....
08:01, 09/11/2019

Fed's Powell treads carefully as Trump's central bank pick faces trouble Conservative commentator Stephen Moore's sexist comments about women have put in jeopardy his path to the Federal Reserve, with the No. 2 Republican in the Senate saying Wednesday that President Donald Trump's potential nominee may not have the votes...
11:00, 05/02/2019

Erdogan reportedly says Turkish central bank chief ousted for refusing rate cut Turkish President Tayyip Erdogan sacked the central bank governor for refusing the government's repeated demands for rate cuts, Hurriyet newspaper on Sunday quoted Erdogan as telling a meeting with his party's lawmakers....
10:52, 07/08/2019

Dutch central bank to regulate crypto firms from January 10, orders them to register The Dutch central bank announced on Tuesday it would begin regulating companies that offer crypto-currency services beginning on Jan. 10 and said they must register to remain in business....
11:39, 09/03/2019

Norway wealth fund should move more investment to North America, central bank says Norway's $1 trillion sovereign wealth fund should shift billions in investments from European stock markets and instead invest more in the United States and other North American markets to seek higher returns, the fund's manager recommended on Tuesda...
18:39, 08/27/2019

Hemmed in by sanctions, Venezuela central bank moves forex operations to cash Venezuela's central bank has begun using piles of cash rather than electronic transfer to sell foreign exchange to local banks, according to five finance sector sources, a sign of how the nation's economy has become increasingly primitive amid a hype...
01:26, 05/04/2019

In Firing Central Bank Chief, Turkey’s Leader Trades Credibility for Growth The move by Recep Tayyip Erdogan dealt a new blow to the central bank’s credibility while threatening to intensify the nation’s wrenching economic crisis....
21:13, 07/06/2019

U.S. Sanctions Iran's Central Bank, Says It Will Send Military Forces to Saudi Arabia The U.S. said it would send military forces and hardware to Gulf allies and moved to sever some of Iran’s last ties to world markets on Friday, while preparing to outline a case for international action next week when world leaders gather at the Unit...
09:14, 09/21/2019

Bank of England warns Brexit delay would hurt growth, after leaving rates on hold - business live UK central bank votes to keep interest rates at 0.75%, and warns that Brexit is making economic data volatileLatest: Bank leaves rates on hold......and warns against ‘entrenched uncertainty’Earlier:OECD cuts 2019 and 2020 growth forecastsLast night, ...
14:13, 09/19/2019

Deutsche Bank shares rise pre-market as 18,000 global job cuts begin Deutsche Bank shares rose in pre-market trade on Monday as the German lender eliminated whole teams at its Asian operations, starting to ax 18,000 jobs globally in one of the biggest overhauls at an investment bank since the aftermath of the financi...
09:00, 07/08/2019

Deutsche Bank board to meet July 7 to decide on job cuts: sources Deutsche Bank's supervisory board will meet on July 7 to discuss a major restructuring that may result in as many as 20,000 job cuts, three people with knowledge of the matter said....
16:39, 06/29/2019

Danske Bank cuts outlook as money laundering scandal weighs Danske Bank lowered its outlook for 2019 after a disappointing first quarter, due in part to the effects of a massive money laundering scandal at its Estonian branch that has sent ripples across the Nordic banking sector....
12:52, 04/30/2019

Deutsche Bank plans cuts in U.S. equities, prime unit: sources Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about its performance, four sources familiar with the matter told Reuters....
00:13, 05/24/2019

Deutsche Bank staff sent home as 18,000 job cuts begin - business live Deutsche Bank staff across the globe have learned how the bank’s massive restructuring plan will affect themSummary: Job cuts as Deutsche restructuresLatest: Staff ‘in tears’ as axe falls in LondonLondon employee ‘told to leave by 11am’Mood ‘gloomy’ ...
18:52, 07/08/2019

Deutsche Bank chief rebukes executives over suit-fitting on cuts day Managers called high-end tailors to London office as thousands of traders lost jobs Deutsche Bank’s chief executive, Christian Sewing, has personally rebuked managers who ordered tailors to their London office as thousands of traders were let go on M...
18:39, 07/12/2019

Deutsche Bank Scales Back Ambitions, Announcing Job Cuts and Reorganization The bank that once symbolized German economic prowess is effectively abandoning hope of playing in the same league as Wall Street banks, and struggling to remain relevant....
22:13, 07/07/2019

Swedish central bank Riksbank talks rate hike amid recession fears The Riksbank is sticking with its plan to raise its main interest rate in the next few months despite recession worries. The hawkish stance, which puts the bank at odds with major central banks, has left experts puzzled....
15:39, 09/06/2019

Asia stocks mostly edge up as investors await Australian central bank's rate decision Stocks in Asia mostly edged up in Tuesday morning trade. Meanwhile, the S&P 500 touched a record high overnight on Wall Street on the back of a recent pause in tariff escalation between the U.S. and China....
05:13, 07/02/2019

Asia markets edge higher ahead of trade talks, central bank decisions Stocks in Asia Pacific edged up in Tuesday morning trade as investors await developments from U.S.-China trade talks this week in Shanghai as well as monetary policy decisions from major central banks....
04:26, 07/30/2019

REFILE-UPDATE 1-South Africa's rand set for weekly losses on central bank row, stocks up South Africa's rand firmed in afternoon trade on Friday thanks to a weakening U.S. dollar, but the local currency was on track to end the week on a weaker footing after a row over the central bank's mandate rattled investors, while stocks also gained...
21:00, 06/07/2019

Turkish currency and stocks drop after President Erdogan fires top central bank official Turkey's stocks and currency dropped on Monday as investors ditched Turkish assets after the country's central bank governor was ousted by President Recep Tayyip Erdogan....
00:13, 07/09/2019

Japan's central bank chief Kuroda sounds alarm on global economy ahead of G-20 Bank of Japan Governor Haruhiko Kuroda said Group of 20 meetings this year will discuss current account balances and also said bilateral trade measures will not resolve such imbalances....
12:26, 05/27/2019

Exclusive: Yuan at right level, disorderly capital flows unlikely - China central bank official China's yuan is at an appropriate level currently and two-way fluctuations in the currency will not necessarily cause disorderly capital flows, a senior official at the People's Bank of China told Reuters on Tuesday....
13:00, 08/13/2019

Zambian president fires finance minister, appoints central bank deputy governor Zambia's president has fired Finance Minister Margaret Mwanakatwe and appointed central bank deputy governor Bwalya Ng'andu to replace her, a statement from the president's office said....
08:39, 07/15/2019

Zambian president removes finance minister, appoints central bank deputy governor Zambia's president has appointed central bank deputy governor Bwalya Ng'andu as finance minister, taking over from Margaret Mwanakatwe who has been fired, a statement from the president's office said....
07:13, 07/15/2019

China's central bank chief meets head of Hong Kong monetary authority China's central bank governor met the chief executive of the Hong Kong Monetary Authority on Wednesday to discuss financial cooperation in the so-called Greater Bay Area of southern China, the People's Bank of China said....
07:00, 08/29/2019

South Korea's central bank warns of economic impact from Japan's export curbs South Korea's central bank warned on Thursday that export curbs on some Japanese goods imposed by Tokyo could have a bigger impact on the domestic economy than the customary tariff increases....
07:00, 08/22/2019

Exclusive: China central bank official says yuan at right level, disorderly capital flows unlikely China's yuan is at an appropriate level currently and two-way fluctuations in the currency will not necessarily cause disorderly capital flows, a senior official at the People's Bank of China told Reuters on Tuesday....
10:39, 08/13/2019

Wall Street edges higher ahead of major earnings, central bank meetings U.S. stocks eked out small gains on Monday as investors were wary of making big bets ahead of key central bank meetings on interest rates and waited for earnings from marquee companies including Facebook and Amazon due later this week....
20:00, 07/22/2019

EMERGING MARKETS-EM FX weak, Turkish central bank's outlook fails to boost lira Emerging market currencies dipped on Tuesday after soft Chinese data hit broad risk appetite towards developing world assets, while Turkey's lira dropped as comments from the central bank governor failed to whip up much investor confidence....
10:52, 04/30/2019

Deutsche Bank axes whole teams in Asia-Pacific as 18,000 global job cuts begin Deutsche Bank AG eliminated whole teams at its Asian operations on Monday, as the German lender began axing 18,000 jobs globally in one of the biggest overhauls at an investment bank since the aftermath of the financial crisis....
07:52, 07/08/2019

Bank of America cuts business ties with detention centers, private prisons The move comes as corporate giants wrestle with whether to cash in on business opportunities tied to President Trump’s immigration policies or to distance themselves amid increasing public pressure....
03:26, 06/28/2019

Deutsche Bank forecasts another 100 basis points of Federal Reserve rate cuts Deutsche Bank said on Tuesday that it now forecasts another 100 basis points of rate cuts and see growth falling to below 1.5% by mid-2020, assuming there is no escalation in the trade war between the United States and China....
01:26, 09/11/2019

Deutsche Bank, Amid Job Cuts, On Biggest Bout Of Hiring In India In Years Deutsche Bank started its India operations in 1980 and now has about 1,800 employees in businesses including retail and wholesale banking, investment-banking advisory and wealth-management services....
09:13, 08/27/2019

European stock rally slows; Italy bank stocks fall after EU ruling European stocks traded higher Wednesday after Wall Street delivered its second best day of 2019, but gains were softened as the EU threatened to punish Italy over its escalating debt....
15:26, 06/05/2019

Deutsche Bank supports European shares ahead of G20 meeting, U.S.-China talks Germany's top lender Deutsche Bank propped up European stocks on Friday, but investors were generally cautious ahead of a pivotal G20 meeting where progress on U.S-China trade talks will be closely monitored....
11:26, 06/28/2019

German bond yields, Italy bank shares down on European Commission f'casts German government bond yields fell to five-week lows on Tuesday and Italian shares fell, led by the the country's banking index, after the European Commission revised down euro area growth forecasts, and cut its already gloomy outlook on Italy....
14:52, 05/07/2019

Deutsche Bank, a pillar of European finance, unveils radical restructuring. It will cut 18,000 jobs Deutsche Bank will cut 18,000 jobs and dramatically shrink its investment bank as part of a costly overhaul that marks a retreat from Wall Street after two decades of intense competition with American rivals....
09:39, 07/08/2019

REFILE-UPDATE 2-European shares dip on Deutsche Bank, fading hopes of sharp Fed cut Banks led European shares slightly lower on Monday as Deutsche Bank slid despite a major restructuring move, while fading hopes of a sharp interest-rate cut by the U.S. Federal Reserve weighed on broader markets....
20:13, 07/08/2019

RPT-European regulators fear Deutsche Bank U.S. stress test failure -source Deutsche Bank is in danger of failing U.S. stress tests, a European bank supervisor told Reuters, adding to pressure on Germany's biggest lender to make changes to its investment bank after failed merger talks with Commerzbank....
08:39, 05/01/2019

Deutsche Bank Senior European Equities Banker Edward Sankey to Leave Senior Deutsche Bank banker Edward Sankey is leaving after almost 15 years, as planned cuts to its beleaguered equities business and the broader investment bank take a toll....
10:52, 06/18/2019

European regulators fear Deutsche Bank U.S. stress test failure: source Deutsche Bank is in danger of failing U.S. stress tests, a European bank supervisor told Reuters, adding to pressure on Germany's biggest lender to make changes to its investment bank after failed merger talks with Commerzbank....
21:13, 04/30/2019

UPDATE 1-Brazil's central bank slashes 2019 GDP growth forecast, sees benign inflation Brazil's central bank on Thursday slashed its 2019 economic growth forecast and, assuming constant exchange rates and interest rates, said inflation is likely to be lower than previously expected across its forecast horizon through 2021....
16:39, 06/27/2019

UPDATE 1-Brazil pension reform helps improve inflation outlook, says central bank chief Brazil Central Bank President Roberto Campos Neto on Thursday welcomed the approval by Congress of a landmark overhaul of the country's pension system, saying the reforms help create a benign outlook for inflation....
09:39, 07/12/2019

Mnuchin plans one-on-one talk with China’s central bank governor on trade, says focus on Trump-Xi meeting FUKUOKA, Japan (AP) — Mnuchin plans one-on-one talk with China’s central bank governor on trade, says focus on Trump-Xi meeting....
11:52, 06/08/2019

Indian court asks central bank to confirm WhatsApp's compliance with local data rules India's top court has given the central bank six weeks to report on whether WhatsApp had complied with data localization norms as the Facebook-owned messenger gears up to launch a payments service in the country, a person involved in the matter said....
17:13, 08/02/2019

People are buying up the asset class that loves trade wars, central bank easing and volatility Fear about slowing growth and the prospect of lower interest rates have pushed the price of gold higher, but analysts say it may be nearing the top of its run for now....
05:00, 06/06/2019

EMERGING MARKETS-Latam currencies slump, stocks teeter ahead of central bank meetings Latin American currencies slumped on Tuesday as investors shied away from riskier assets ahead of key central bank meetings, while concerns over geopolitical tensions stemming from attacks on Saudi oil facilities lingered. Oil prices dropped...
17:39, 09/17/2019

RPT-UPDATE 1-Brazil pension reform helps improve inflation outlook, says central bank chief Brazil Central Bank President Roberto Campos Neto on Thursday welcomed the approval by Congress of a landmark overhaul of the country's pension system, saying the reforms help create a benign outlook for inflation....
13:52, 07/12/2019

Asia stocks mostly higher as Fed cuts rate; Bank of Japan keeps monetary policy steady The U.S. Federal Reserve on Wednesday cut its overnight rate by 25 basis points to a range of 1.75% to 2%, a move that was widely expected. The central bank, however, appeared divided on further action for the year....
13:01, 09/19/2019

2016 Risk Management Conference: CBOE to Host 32nd Annual RMC February 29 - March 2, 2016 CHICAGO, IL -- December 17, 2015 -- The Chicago Board Options Exchange® (CBOE®) will host its 32nd annual CBOE Risk Management Conference (RMC) U.S., from February 29 through March 2, 2016, at the Hyatt Regency Coconut Point in Bonita Springs...
03:13, 05/02/2019

4 Your Health: Obesity rates in America hit all-time high (NBC News)- A tentative settlement has been reached in lawsuits filed against oxycontin maker Purdue Pharma. The maker of the opioid drug has reached a deal that would resolve thousands of lawsuits brought by municipal and state governments. The pen...
09:26, 09/13/2019

European markets close lower despite US job growth; Deutsche Bank dips 5% as restructuring begins European stocks closed lower on Monday, even as stronger-than-anticipated jobs data on Wall Street tempered expectations for a Federal Reserve rate cut....
23:00, 07/08/2019

UPDATE 1-European shares edge higher, Deutsche Bank rally lifts banks European shares reversed course from early losses to trade marginally higher on Monday, boosted by German lender Deutsche Bank's major overhaul and on positive developments in the U.S.-China trade talks....
12:00, 07/08/2019

CORRECTED-European shares edge lower, Deutsche Bank rally limits losses European shares declined on Monday on sobering expectations of an aggressive interest rate cut this month by the U.S. Federal Reserve, but the losses were limited by a 2.7% jump in Deutsche Bank after it announced job cuts and launched a major overha...
10:39, 07/08/2019

Asia stocks mostly edge higher as Fed cuts rate; Bank of Japan keeps monetary policy steady The U.S. Federal Reserve on Wednesday cut its overnight rate by 25 basis points to a range of 1.75% to 2%, a move that was widely expected. The central bank, however, appeared divided on further action for the year....
07:13, 09/19/2019

CORRECTED-UPDATE 1-German bond yields, Italy bank shares down on European Commission forecasts German government bond yields hit five-week lows on Tuesday and Italian shares fell, led by the country's banking index, after the European Commission revised down euro area growth forecasts and cut its already gloomy outlook on Italy....
16:39, 05/07/2019

RBA interest rate decision: Reserve Bank keeps Australian cash rate on hold – as it happened Sales fall 0.1% in July, pointing to weaker GDP numbers. This blog has now closed 8.15am BST It’s been a strange day on the markets with very little movement. But the ASX200 has closed the day down 6 points, or 0.09%, at 6,573.4.In Tokyo the Nikkei h...
10:52, 09/03/2019

Dow tops 27,000 for the first time on easing trade tensions, prospect of lower rates The Dow topped 27,000 for the first time Thursday as easing trade tensions and the Fed’s campaign to lower rates offset lingering economic worries.       ...
04:26, 07/12/2019

Trump says Fed's Powell 'let us down' by not signaling future interest rate cuts Trump said Fed chief Powell 'let us down' by not signaling long cycle of rate cuts. The Fed sliced its key interest rate by a quarter-percentage point       ...
04:00, 08/01/2019

Time to Bet on Multiple Rate Cuts? Analysts Say It's Too Soon. Federal-funds futures suggest investors are more convinced than ever that the Fed will lower rates multiple times by the end of the year. Economic data suggest that’s too drastic a bet....
14:13, 05/15/2019

It's Time to Finally Learn Your Gemstone Cuts Fine jewelry incorporates far more than just the ho-hum round brilliant engagement ring. Here are eight classic cuts to know—whether it’s for shopping inspiration or just pure fantasy....
17:52, 09/13/2019

'It's a dangerous time': can UK and US universities survive funding cuts? The vice-chancellor of the University of California and the University of Bristol’s leader on how universities are threatened by policy and funding changesVice-chancellors in Britain are united in the view that this is the most challenging time to ru...
09:26, 05/09/2019