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interest rate hikes

  • Ontario Premier Doug Ford Joins BC Premier’s Call to End Rate Hikes
    Ontario Premier Doug Ford Joins BC Premier’s Call to End Rate Hikes
    Ontario Premier Doug Ford has written to the Bank of Canada (BoC), echoing B.C. Premier David Eby's call to stop raising interest rates. “Ontario families and businesses are struggling to ...
    September 4, 2023BY Marnie Cathcart
  • Economists See Bank of Canada Holding on Rates After Surprise GDP Contraction
    Economists See Bank of Canada Holding on Rates After Surprise GDP Contraction
    Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank ...
    September 1, 2023BY The Canadian Press
  • Australia’s Official Cash Rate Remains Steady for 2nd Month
    Australia’s Official Cash Rate Remains Steady for 2nd Month
    The Reserve Bank of Australia (RBA) has held off on its interest rate hiking cycle for another month ...
    August 1, 2023BY Alfred Bui
  • US Consumer Sentiment Jumps to Four-Month High on Debt-Cap Deal
    US Consumer Sentiment Jumps to Four-Month High on Debt-Cap Deal
    Declining fears over inflation lifted American consumers' spirits this month. U.S. consumer sentiment reading rebounded in June following ...
    June 16, 2023BY Bryan Jung
  • Australian Leading Financial Expert Calls For Better Solutions to Inflation
    Australian Leading Financial Expert Calls For Better Solutions to Inflation
    One of Australia’s leading financial experts, Mark Bouris, has called for better solutions to tame high inflation, expressing ...
    June 13, 2023BY Sophia Jiang
  • Australia’s Official Cash Rate Could Rise to 4.85 Percent: Economists
    Australia’s Official Cash Rate Could Rise to 4.85 Percent: Economists
    Australian borrowers have been hit with 12 interest rate hikes since the Reserve Bank of Australia (RBA) embarked ...
    June 9, 2023BY Alfred Bui
  • Australia’s Official Cash Rate Rises to 4.1 Percent in June
    Australia’s Official Cash Rate Rises to 4.1 Percent in June
    Australian borrowers have been hit with another round of interest rate hikes after the Reserve Bank of Australia ...
    June 6, 2023BY Alfred Bui
  • Mortgage Demand Declines as Rates Continue to Rise
    Mortgage Demand Declines as Rates Continue to Rise
    Demand for mortgages dropped as interest rates rose to new highs, with both purchase and refinance mortgage applications ...
    May 18, 2023BY Naveen Athrappully
  • Reserve Bank of Australia Holds Off Interest Rate Rise in April
    Reserve Bank of Australia Holds Off Interest Rate Rise in April
    The Reserve Bank of Australia (RBA) has decided to pause its interest rate hiking cycle in April, providing ...
    April 4, 2023BY Alfred Bui
  • Toronto-Area Home Prices Down 18% From Last February, Sales Halved: Board
    Toronto-Area Home Prices Down 18% From Last February, Sales Halved: Board
    Greater Toronto Area home prices fell almost 18 per cent from last February as the number of properties ...
    March 3, 2023BY The Canadian Press
  • Softened Growth in December Quarter Sparks Concerns About Australia’s Economic Health
    Softened Growth in December Quarter Sparks Concerns About Australia’s Economic Health
    The drop in economic growth in the December 2022 quarter has raised concerns about Australia's economic outlook as ...
    March 2, 2023BY Alfred Bui
  • New Zealand Raises Interest Rate to 4.75 Percent, Eating Into Housing Affordability
    New Zealand Raises Interest Rate to 4.75 Percent, Eating Into Housing Affordability
    New Zealand’s central bank has raised the official cash rate (OCR) by another 50 basis points to 4.75 ...
    February 22, 2023BY Rebecca Zhu
  • Fed Policymakers Foresee Need for More Rate Hikes to Control Inflation
    Fed Policymakers Foresee Need for More Rate Hikes to Control Inflation
    Multiple Federal Reserve policymakers are expecting interest-rate hikes to continue, albeit at a smaller magnitude, as the central ...
    January 19, 2023BY Naveen Athrappully
  • Interest Rate Hikes to Push Australian Banks’ Earnings by 20 Percent in 2023: Goldman Sachs
    Interest Rate Hikes to Push Australian Banks’ Earnings by 20 Percent in 2023: Goldman Sachs
    Financial analysts have forecasted a booming year for Australian banks in 2023 as they allegedly exploit a loophole ...
    January 17, 2023BY Alfred Bui
  • Reserve Bank of Australia Warns of More Rate Hikes in 2023 but Leaves All Options Open
    Reserve Bank of Australia Warns of More Rate Hikes in 2023 but Leaves All Options Open
    The Reserve Bank of Australia (RBA) has stated it will put a range of interest rate decisions on ...
    December 21, 2022BY Alfred Bui
  • Economy to Grow Slower, Inflation ‘Far Too High’: Fed’s Williams
    Economy to Grow Slower, Inflation ‘Far Too High’: Fed’s Williams
    John Williams, president of the Federal Reserve Bank of New York, is expecting America’s economic growth to slow ...
    November 30, 2022BY Naveen Athrappully
  • Taiwan’s Exports to China Hit New Low as Chinese Economy Weakens
    Taiwan’s Exports to China Hit New Low as Chinese Economy Weakens
    In October, Taiwan’s exports to mainland China and Hong Kong fell 9.2 percent from a year earlier, the ...
    November 16, 2022BY Rita Huang and Sean Tseng
  • The Global Rate Hikes Strike the Wall of Debt Maturity
    The Global Rate Hikes Strike the Wall of Debt Maturity
    Commentary More than 90 central banks worldwide are increasing interest rates. Bloomberg predicts that by mid-2023, the global ...
    November 7, 2022BY Daniel Lacalle
  • Mortgage Demand Slumps to 25-Year Low as Rates Climb
    Mortgage Demand Slumps to 25-Year Low as Rates Climb
    Demand for mortgages has fallen to a multi-decade low amid rising interest rates that have hit record levels, ...
    October 20, 2022BY Naveen Athrappully
  • World’s Most Expensive Housing Market, Transactions at Three-Decade low
    World’s Most Expensive Housing Market, Transactions at Three-Decade low
    Hong Kong, the world's most expensive residential market, is facing a downward trend as it drops out of ...
    October 19, 2022BY Ruth Lee
  • OPEC+ Weighs Biggest Output Cut Since 2020; UK Makes U-Turn on Tax Cuts Amid Backlash | NTD Business
    OPEC+ Weighs Biggest Output Cut Since 2020; UK Makes U-Turn on Tax Cuts Amid Backlash | NTD Business
    The U.N. is warning the world's central banks their efforts to fight inflation by raising interest rates risk plunging the ...
    October 3, 2022BY Paul Greaney
TOP NEWS
  • Kremlin Says Europe Must Show Readiness to Contribute to Peace Process Before Joining Talks
    NEW By Victoria Friedman
    Kremlin Says Europe Must Show Readiness to Contribute to Peace Process Before Joining Talks
  • New White House Chief of Staff Imposes Restrictions on Meeting With Lobbyists
    2hr By Zachary Stieber
    New White House Chief of Staff Imposes Restrictions on Meeting With Lobbyists
  • Microsoft Outlook Emails Approaching Normal Levels After Outage, Company Says
    2hr By Jack Phillips
    Microsoft Outlook Emails Approaching Normal Levels After Outage, Company Says
  • Trump-Ordered Vaccine Safety Report Delayed Past Deadline
    2hr By Zachary Stieber
    Trump-Ordered Vaccine Safety Report Delayed Past Deadline
  • Global Oil Market Shows First Signs of Rebalancing as Gulf Exports Recover: IEA
    2hr By Evgenia Filimianova
    Global Oil Market Shows First Signs of Rebalancing as Gulf Exports Recover: IEA
  • Alleged Chinese Spy Alice Huang Linked to Huawei Data Center: Report
    4hr By Frank Fang
    Alleged Chinese Spy Alice Huang Linked to Huawei Data Center: Report
  • Bessent Blames Commerce Department for Failure to Blacklist Megaspeed
    4hr By Andrew Moran
    Bessent Blames Commerce Department for Failure to Blacklist Megaspeed
  • US Denies Iran’s Claim It Destroyed Radar in Bahrain
    4hr By Evgenia Filimianova
    US Denies Iran’s Claim It Destroyed Radar in Bahrain
  • IRS Collected Over $5.5 Trillion in Federal Taxes in 2026
    4hr By Naveen Athrappully
    IRS Collected Over $5.5 Trillion in Federal Taxes in 2026
  • Microsoft Reports Progress Fixing Global Outage Impacting Millions
    5hr By Chris Summers
    Microsoft Reports Progress Fixing Global Outage Impacting Millions
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