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interest rates

Mnuchin Urges Markets to Shrug Off Tax Cuts, Debt Worries

Mnuchin Urges Markets to Shrug Off Tax Cuts, Debt Worries

Treasury Secretary Steven Mnuchin brushed aside signs that investors are nervous about rising prices and criticism that growing debt will harm U.S. economic security.
'You don't raise interest rates when unemployment rises' –  experts debate Brexit watch data

'You don't raise interest rates when unemployment rises' – experts debate Brexit watch data

Two former members of Bank of England’s interest rate-setting committee discuss the outlook consumers are squeezed by inflation• The economy is starting to deteriorate • February verdict in charts
Why Markets Have Gotten So Jumpy

Why Markets Have Gotten So Jumpy

If you're wondering what happened to the steady bull market, a drought metaphor can help explain. New Mexico ranchers are dealing with a severe drought this week, above.

Inflation vs. Your Retirement

This post Inflation vs. Your Retirement appeared first on Daily Reckoning. Today, Zach Scheidt talks about why investors are worried about inflation and what this means for your retirement... The post
Citi to Refund $330 Million to Credit Card Customers It Overcharged

Citi to Refund $330 Million to Credit Card Customers It Overcharged

Citigroup said it would issue refunds averaging $190 to customers who were overcharged.
As Economy Grows, Federal Reserve Frets Next Downturn

As Economy Grows, Federal Reserve Frets Next Downturn

Jerome H. Powell, the chairman of the Federal Reserve, which is confronting the question of how quickly to raise interest rates.
As Economy Grows, Federal Reserve Frets Next Downturn

As Economy Grows, Federal Reserve Frets Next Downturn

Jerome H. Powell, the chairman of the Federal Reserve, which is confronting the question of how quickly to raise interest rates.

Mulvaney Says U.S. Can Outgrow Higher Spending, Debt Costs

At the recent pace of economic growth, gains in government revenue will outstrip rising spending and the extra borrowing costs connected to rising interest rates, President Donald Trump’s budget
Sri Lanka Cabinet Reshuffled After Poll Defeat

Sri Lanka Cabinet Reshuffled After Poll Defeat

President Maithripala Sirisena reshuffled the cabinet in Sri Lanka for the second time since forming a unity government in 2015 after its two main coalition partners were defeated in local government
Why Markets Have Gotten So Jumpy

Why Markets Have Gotten So Jumpy

If you're wondering what happened to the steady bull market, a drought metaphor can help explain. New Mexico ranchers are dealing with a severe drought this week, above.
Pakistan’s Economic Woes Go From Bad to Worse Before Elections

Pakistan’s Economic Woes Go From Bad to Worse Before Elections

Five months before national elections, Pakistan’s government is struggling to fix its economy.
Interest rate rise of 1% would cost average UK homeowner £930 a year

Interest rate rise of 1% would cost average UK homeowner £930 a year

A Bank of England rate change would add £10bn to UK mortgage bill, Savills saysA 1% rise in interest rates would add around £10bn to the UK’s mortgage bill, according to analysis from estate agent
They're Richer Than Ever in the Land of Negative Interest Rates

They're Richer Than Ever in the Land of Negative Interest Rates

Danes have another reason to be happy: they’re richer than ever before.
Interest rate rise of 1% would cost average UK homeowner £930 a year

Interest rate rise of 1% would cost average UK homeowner £930 a year

A Bank of England rate change would add £10bn to UK mortgage bill, Savills saysA 1% rise in interest rates would add around £10bn to the UK’s mortgage bill, according to analysis from estate agent
As Economy Grows, Federal Reserve Frets Next Downturn

As Economy Grows, Federal Reserve Frets Next Downturn

Jerome H. Powell, the chairman of the Federal Reserve, which is confronting the question of how quickly to raise interest rates.
Manitoba’s Premier Pledges Tax Relief in Budget Next Month

Manitoba’s Premier Pledges Tax Relief in Budget Next Month

Manitoba Premier Brian Pallister plans to unveil personal income tax breaks in the budget next month as he tries to offset rising interest rates and utility fees that make his province one of the
Why Trudeau Will Have a Hard Time Financing His Election Agenda

Why Trudeau Will Have a Hard Time Financing His Election Agenda

Prime Minister Justin Trudeau’s low-key budget Tuesday will mark a major inflection point for Canada as the federal government’s interest burden rises for the first time in two decades.
Beat an interest rate rise by locking into a new mortgage now

Beat an interest rate rise by locking into a new mortgage now

Some lenders give borrowers six months to take up offers, so start looking early even if you need a deal later in the yearWhile the Bank of England kept the base rate on hold at 0.5% earlier this
Brexit Bulletin: Ignore and Enrage

Brexit Bulletin: Ignore and Enrage

Sign up to receive the Brexit Bulletin in your inbox, and follow @Brexit on Twitter.
Mnuchin Spares Treasury Market Nerve Center Amid Trading Tumult

Mnuchin Spares Treasury Market Nerve Center Amid Trading Tumult

Treasury Secretary Steven Mnuchin will spare the department’s markets room from an internal push to shutter or outsource an operation that was the agency’s nerve center as it tried to contain the 2008