Westpac cuts mortgage interest rates: How does this big bank stack up?
Westpac recently cut as much as 130 basis points off several of its fixed and variable home loan interest rates from its Premier Advantage package loans and…
Sep 17, 2019 05:32 UTC Read More
HDFC Bank cuts FD rates twice in less than 15 days. Latest interest rates here
HDFC Bank has revised interest rates on fixed deposit (FD) maturities with effect from 13th September. This is the second revision by the bank in a span of less…
Sep 16, 2019 03:19 UTC Read More
Vietnam Central Bank Cuts Policy Rates as Global Risks Rise
Vietnam's central bank cut interest rates for the first time in more than two years to bolster the economy amid rising global risks.
Sep 13, 2019 08:08 UTC Read More
ECB Cuts Rates, Revives QE to Lift Growth as Draghi Era Ends
The European Central Bank cut interest rates further below zero and revived bond purchases after President Mario Draghi overcame critics of his stimulus…
Sep 12, 2019 11:51 UTC Read More
Reserve Bank warns against households' 'reduced appetite for debt'
The Reserve Bank has conceded its efforts to boost the economy with interest rate cuts may be undone by cautious home owners afraid to reduce their monthly…
Sep 12, 2019 00:06 UTC Read More
3 US Interest Rate Cuts Before the End of 2019?
Deutsche Bank's Matthew Luzzetti and LPL Financial's John Lynch appeared on CNBC's “Squawk Box” on Monday to discuss some predictions concerning the…
Sep 11, 2019 12:06 UTC Read More
What if interest rate cuts fuel house prices but nothing else? Greg Jericho
It is hoped the Reserve Bank's slashing of borrowing costs puts some oomph in economic activity. But it might not.
Sep 09, 2019 17:59 UTC Read More
Erdogan Says Turkey to Soon Cut Interest Rates to Single Digits
President Recep Tayyip Erdogan said Turkey will lower interest rates to single digits soon and inflation will follow suit.
Sep 08, 2019 07:00 UTC Read More
Turkey’s Erdogan Sees Sept. 12 Interest Rate Cut Likely: AA
Turkish President Recep Tayyip Erdogan says he “believes” the central bank will cut interest rates when its monetary-policy committee meets Thursday, state…
Sep 07, 2019 06:59 UTC Read More
Citi's Mexican unit expects interest rate cut in September
Citibanamex, the Mexican unit of Citigroup Inc , said on Thursday that its latest poll of analysts forecast that Mexico's central bank will cut its benchmark overnight…
Sep 05, 2019 06:59 UTC Read More
RBA interest rate decision: Reserve Bank keeps Australian cash rate on hold – as it happened
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 has…
Sep 03, 2019 06:59 UTC Read More
Exclusive: ECB package could include rate cut, tiering, new guidance: sources
FRANKFURT (Reuters) - ECB policymakers are leaning toward a stimulus package that includes a rate cut, a beefed-up pledge to keep rates low for longer and…
Sep 03, 2019 06:59 UTC Read More
Negative Rates Actually Cut Lending, Research Shows
Central banks' negative interest rates were supposed to increase spending, stop deflation and stimulate the economy. They may have done the exact opposite.
Aug 29, 2019 06:59 UTC Read More
Interest rate cuts could make these bonds an attractive target
Bonds issued by home builders are signaling a pretty upbeat tone for the U.S. economy, even as U.S. recession fears linger.
Aug 24, 2019 06:59 UTC Read More
Summers explains why cutting interest rates isn’t the way out of our economic stagnation
CAMBRIDGE, Mass. (Project Syndicate) — The world's central bankers and the scholars who follow them are having their annual moment of reflection in…
Aug 23, 2019 16:07 UTC Read More
Bank of Canada rate cut would 'reinvigorate auto sales,' Scotiabank says
An anticipated rate cut by the Bank of Canada should “reinvigorate auto sales” in the latter portion of 2019, Scotiabank Economics predicts in its latest Global…
Aug 23, 2019 15:46 UTC Read More
Fannie Mae: Expect 2 more interest rate cuts this year : Real Estate News
Mortgage servicing giant Fannie Mae says it expects the Federal Reserve to make two more quarter-point interest rate cuts before the end of the year, most.
Aug 23, 2019 13:18 UTC Read More
SBI cuts fixed deposit rates for second time in a month, maintains status quo on savings rates
India's largest lender and public sector bank SBI announced on Friday that interest rate on fixed deposits will see a revision once again across all tenors, making…
Aug 23, 2019 09:04 UTC Read More
The Fed should heed the bond market and slash interest rates
Financial markets will be listening closely to Jerome Powell's speech on Friday for hints about the near-term direction of monetary policy.
Aug 23, 2019 07:00 UTC Read More
Tim Wilson challenges Reserve Bank to prove effectiveness of interest rate cuts
Liberal MP also asks central bank to clarify what 'unconventional' economy-boosting methods it might consider.
Aug 22, 2019 07:00 UTC Read More
Fed's Harker doesn't see need for another rate cut, says central bank should stay here 'for a while'
Philadelphia Fed President Patrick Harker said Thursday that while he went along with the central bank's rate cut in July, he doesn't see the case for additional…
Aug 22, 2019 06:59 UTC Read More
What if the US gets zero-percent interest rates
Negative interest rates have become a trend across Europe, but what would happen if the Federal Reserve decided to go to zero-percent interest rates in the…
Aug 21, 2019 07:00 UTC Read More
Bond market yield curve inverts, signaling Fed may be too slow to cut rates, risks recession
Market moves were modest after the Fed released minutes of its last meeting, but the message was clear — the market still fears the Federal Reserve will not be…
Aug 21, 2019 06:59 UTC Read More
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