Tag: rates
Canada’s central bank cuts interest rates to 5%
(Finance) – The Bank of Canada, in today’s meeting, decided to increase the reference rate by 25 basis points, bringing it to 5%, the maximum of the last 22 years.…
House prices are rising – despite high interest rates
During the last month, house prices rose by 1 percent across the country. This is what Svensk Mäklarstatistik writes in a press release. It is the prices in Greater Gothenburg…
In the midst of an economic slump, Turkey will increase its tax rates
Turkish inflation is at its lowest level in 18 months: 38.2% over one year, it was 85% in October 2022. If the country continues to suffer from this increase in…
Mortgage: 4%, 5%… How high can rates go?
When will the rise in borrowing rates stop? Month after month, since the spring of 2022, mortgage rates have continued to rise and nothing says that this increase will end…
Bills decree: 800 million to extend aid. Stable rates are expected
(Finance) – With an allocation of 800 million euros the government extends aid for expensive bills until September. The Council of Ministers confirmed the reduction of VAT to 5% for…
ECB, Nagel: we could continue to raise rates after the summer break
(Finance) – “Although current inflation rates are significantly below the peaks of October, we still have a long way to go to reach our inflation target. In addition, uncertainty about…
Musk meets Meloni and Tajani: AI, EU rules and falling birth rates at the center of the debate
(Finance) – The founder of Tesla and Space X, Elon Musktoday also owner of Twitter, was received this afternoon at Palazzo Chigi by the President of the Council Giorgia Meloniwith…
Inflation: the ECB raises its rates again
The European Central Bank (ECB) raised its main key rates by 0.25 percentage points on Thursday, June 15, an eighth increase in a row, as part of its monetary tightening…
China’s central bank cuts rates. Youth unemployment hits a new record
(Finance) – The Chinese central bank has cut the medium-term rates (MLF) at 1 year by 10 basis points to 2.65% from 2.75%. It’s about the first reduction since August…
Weak Wall Street. Fed leaves rates unchanged
(Finance) – Minus sign for the US price list, in a session characterized by large sales, with the Dow Jones which shows a drop of 0.84%; along the same lines,…