Russia Raises Interest Rates to Boost Ruble
Russia’s central bank raised interest rates, moving to defend the ruble as global investors question the outlook for emerging-market economies and the possibility of fresh U.S. sanctions......»»
Trump says Russia and China are playing a currency game
President Donald Trump accused Russia and China on Monday of devaluing their currencies while the United States raises interest rates......»»
Trump says Russia and China are playing a currency game
President Donald Trump accused Russia and China on Monday of devaluing their currencies while the United States raises interest rates......»»
Currencies: Dollar index heads for worst week in 3, Russian ruble rallies on rate hike
A U.S. dollar index is on track for a nearly 1% weekly drop, thanks to continued weakness on Friday, while in emerging markets, Russia was the latest central bank to bump up interest rates......»»
Fed"s Evans says it might be 2024 before the central bank raises interest rates
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
Bank of England downgrades UK growth forecast for 2021 after new lockdown - but holds interest rates as vaccine rollout picks up
The Bank of England was more pessimistic about 2021 growth, but said the UK's speedy vaccine rollout will boost the economy further out. .....»»
Mortgage rates fall to new record low — here’s why some loan applicants won’t be offered them
The low interest rate environment isn’t expected to bring much of a boost to the housing market, which is struggling as a result of the economic downturn caused by the coronavirus pandemic......»»
Nintendo cuts "Animal Crossing: New Horizons" interest rates to boost virtual spending
Nintendo Direct Nintendo lowered the interest rate in "Animal Crossing: New Horizons" to 0.....»»
Wall Street pounded as Fed"s shock move raises virus impact alarm
U.S. stock indexes plunged about 8% on Monday, as investors dumped risky assets for cash after the Federal Reserve's drastic move to cut interest rates to near zero amplified worries over the extent of damage from the coronavirus pandemic......»»
ECB leaves rates unchanged, but will temporarily boost bond purchases, roll out cheap loans
The European Central Bank on Thursday left official interest rates unchanged but said it would temporarily boost asset purchases and .....»»
Britain fires with both barrels: emergency rate cut and budget boost
The Bank of England cut interest rates by half a percentage point to 0.25% and announced measures to support bank lending ahead of a budget that is set to open the taps on spending to bolster Britain's economy against the coronavirus outbreak......»»
Coronavirus boosts Wall Street trading, easing pain from lower rates
Market volatility related to the coronavirus has provided a welcome boost for Wall Street banks' trading businesses, helping to offset the much-bigger drag of lower interest rates on lending profits, analysts said......»»
Fed makes largest emergency cut to interest rates since the financial crisis
Trump and many Wall Street investors have been urging major action to boost the economy in the face of the biggest threat to the global economy since the financial crisis......»»
Employment gains top estimates with 225,000 new jobs
U.S. employers ramped up hiring in January and wage gains rebounded, providing new evidence of a durable jobs market that backs the Federal Reserve’s decision to stop cutting interest rates and hands President Donald Trump an early election-year boost......»»
Russian ruble falls as central bank cuts key rate by 25 basis points to 6%
The Russian ruble weakened across major currencies on Friday after the country's central bank dropped interest rates 25 basis points to 6%. "Risks of a substantial global economic slowdown persist. Disinflationary risks still exceed pro-inflat.....»»
Coronavirus could cost China"s economy $60 billion
China may have to cut taxes, boost spending and slash interest rates to prevent the coronavirus outbreak wreaking havoc on an already fragile economy......»»
Bank of America beats on bond trading boost, loan growth
Bank of America Corp beat analysts' estimates for quarterly profit on Wednesday, as a boost from bond trading and growth in its loan book helped the second-biggest U.S. lender blunt a hit from lower interest rates......»»
Sales of existing homes fall more than expected
U.S. home sales dropped more than expected in November because of an ongoing shortage of properties for sale, despite the sector's receiving an overall boost from the Federal Reserve's decision to cut interest rates this year......»»
‘It doesn’t feel like a boom yet’: Many Americans urge the Federal Reserve to boost the economy
The central bank is widely expected to lower interest rates Wednesday -- for the third time this year -- in an effort to prevent the slowing U.S. economy from tanking......»»
Negative interest rates take a bite out of wealthy Swiss bank customers" accounts
Negative interest rates are sometimes used by central banks to boost a stagnant economy......»»
Negative interest rates can boost the economy, Fed paper says
A recession could theoretically prompt the Fed to eventually send rates into negative territory......»»