San Francisco Fed president: Silicon Valley Bank's failure wasn't our fault
Silicon Valley Bank failed because regulators were far too slow to take action, San Francisco Federal Reserve Bank President Mary Daly said Monday in her first extended remarks about the collapse.
2023-07-11 04:57
Bank of Israel pauses rate hikes but warns further rises possible
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -The Bank of Israel left short-term borrowing rates unchanged on Monday for
2023-07-11 00:56
PGA Tour board member quits over 'serious concerns' with Saudi deal
Former AT&T CEO Randall Stephenson has resigned from his post on the influential policy board of the PGA Tour in protest to the proposed merger with Saudi-backed LIV Golf.
2023-07-10 20:25
Mortgage rates are going up again but home prices aren't coming down: Why the housing market is out of whack
When the Federal Reserve kicked off its rate-hiking campaign in March last year, the housing market responded predictably — mortgage rates climbed, leading to eventual declines in home prices.
2023-07-08 23:20
Fed seen raising rates this month, but traders less sure of further hike
Traders on Friday stuck to bets the Fed will raise its benchmark interest rate this month to a
2023-07-07 20:54
National Australia Bank to change home loan refinancing criteria
National Australia Bank (NAB) on Friday said it would refresh its approach to like-for-like refinancing criteria to help
2023-07-07 17:24
New Zealand central bank to hold rates in July and for rest of 2023: Reuters poll
By Devayani Sathyan BENGALURU New Zealand's central bank will likely keep interest rates unchanged at 5.50% on Wednesday
2023-07-07 04:22
US rate futures raise chances of November rate hike after upbeat jobs data
NEW YORK U.S. interest rate futures on Thursday saw an increased probability of another rate rise by the
2023-07-06 21:57
Hedge fund Verition joins rush to Dubai financial hub
By Hadeel Al Sayegh DUBAI U.S.-based Verition Fund Management is opening an office in Dubai, joining a raft
2023-07-06 16:58
Malaysia's central bank hits pause on rates as price pressures ease
By A. Ananthalakshmi and Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia's central bank kept benchmark interest rates unchanged on Thursday, as
2023-07-06 16:46
Savers should be cheering higher interest rates. So why are they unhappy?
When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments, while savers are supposed to be rewarded with bigger returns on their deposits. Or so the theory goes.
2023-07-06 15:46
Sri Lanka cuts key rates as expected amid slowing inflationary pressures
COLOMBO Sri Lanka's central bank cut its key rates by 200 basis points on Thursday, in line with
2023-07-06 10:15