Tag: rates
Russia, the Central Bank raises rates to 15% to curb inflation
(Finance) – The Russian Central Bank raised interest rates by 200 basis points, bringing them to 15% from the previous 13%, due to inflationary pressure that exceeds the central bank’s…
CRIF Mortgage Compass: the increase in rates continues to slow down individuals and families
(Finance) – “The contraction in the number of real estate sales, -16% in the second quarter of 2023, combined with less recourse to mortgages for the purchase of their homes…
Midas welcomes lower interest rates for unlucky students, but: ‘We must not be forgotten again’
“It is a step in the right direction,” says the 23-year-old history student. “Politics is slowly turning around.” Although the five-fold increase in interest on borrowed money for students of…
the rise in long-term rates, the ECB’s other problem – L’Express
There will not be an eleventh consecutive increase. As expected by most economists, the European Central Bank (ECB) announced, this Thursday, October 26, a pause in its monetary tightening policy,…
Bank of Canada, rates held at 5% while quantitative tightening continues
(Finance) – The Bank of Canada has overnight rate kept at 5%, with the bank rate at 5.25% and the deposit rate at 5%. The Canadian central bank, which met…
Fed, Harker: stable rates is a prudent position to take
(Finance) – “I remain convinced that we are at the point where keeping the official rate stable is the prudent position to take“. He said it Patrick Harkerpresident of the…
Fed, Mester: At or near peak interest rates
(Finance) – “Regardless of the decision that will be taken in our next meeting, if the economy evolves as expected, in my opinion we will probably be near or at…
Housing companies’ high interest rates can end in bankruptcies
Interest rates have been pushed up sharply recently. Even on long maturities, such as ten years. This does not bode well for highly leveraged real estate companies, where several already…
the explosion of interest rates – L’Express
And for good reason, between March 2022 and March 2023, the average interest rate on real estate loans in France doubled. The Ministry of the Economy estimated it this Wednesday,…
China’s central bank leaves rates at 2.5%
(Finance) – The People’s Bank of China left 1-year MLF interest rates unchanged at 2.5%, as expected. China’s MLF rates are interest rates that are applied to loans that the…