Interest rates

Inflation and rising interest rates

Fed inaction raises likelihood of scary inflation headlines Getty The front of the inflationary storm is here, and yet the Fed is just hinting at starting to let interest rates rise in the future. The only “action” from the Fed so far has been multiple soft advances from the starting line. Revealed in the minutes […]

Interest rates

Forecast: Interest rates will rise next month

Interest rates will rise again as early as next month as the Bank of England tackles soaring commodity prices, according to several forecasts from major US banks By Emma Dunkley, Financial Mail on Sunday Published: 4:50 p.m. EST, January 15, 2022 | Update: 9:19 a.m. EST, January 16, 2022 Interest rates will rise again as […]

Interest rates

How low can bonds fall as interest rates rise again?

US bonds on the Market Outlook Dashboard. Stock market graph. Getty JP Morgan Chase CEO Jamie Dimon says we can expect 6 or 7 interest rate hikes this year. This surprised some bond analysts on Wall Street this week who had adjusted their forecasts to maybe 4 interest rate hikes. Anyone who owns bonds is […]

Interest rates

Tough week for tech amid economic data and rising interest rates

IIt’s been a volatile week on Wall Street, with technology in the spotlight for most of it. On Monday, the Dow Jones Industrial Average (DJI) recorded its fourth consecutive loss, and the S&P 500 (SPX) its fifth, while the Nasdaq went into the black late in the day despite pressure from Big Tech. Rising interest […]

Interest rates

Banking investors must wait for the benefits of higher interest rates

Rising interest rates will be good for banks. One day. JPMorgan Chase JPM -6.27% reported record annual earnings in 2021 on Friday. But a combination of that being driven in part by the release of reserves for bad debts, as well as uncertainty about 2022, will have many investors looking beyond that result immediately. remarkable. […]

Interest rates

Bandhan Bank revises fixed deposit rates. Latest FD interest rates here

Private lender Bandhan Bank is the latest bank to revise interest rates on its term deposits (FD). FD rates at Bandhan Bank range from 3.00% per annum to 6.25% per annum for deposits with terms of seven days to 10 years. For FDs maturing in seven days to 14 days and 15 days to 30 […]

Interest rates

Legislation will reduce legal judgment interest rates and ease debt burden for New York consumers

Submitted Thu January 13, 2022 4:50 PM Assemblywoman Helene E. Weinstein announced that legislation signed into law by Governor Hochul will ease the financial burden on New Yorkers with consumer debt judgments against them, especially low-income New Yorkers. income and those financially impacted by the COVID-19 pandemic (A.6474-A, Weinstein). “The statutory judgment interest rate for […]

Interest rates

Why rising interest rates are good news for CME Group

The economic history of the past few months has been inflation, which hit its highest level in over a decade. Exacerbated by supply chain bottlenecks caused by the pandemic, inflation has pushed up the price of everything from real estate to timber. To respond to inflation, the Federal Reserve is taking action that will drive […]

Interest rates

FG to Borrow at Higher Cost as Global Interest Rates Rise

AWhile the COVID-19 pandemic was a good thing, global interest rates have been kept at historically low levels for the past two years, as monetary policy authorities around the world have lowered rates. interest in cushioning the impact of the pandemic. Like many countries in the world, Nigeria had the lowest interest rate since the […]