Rates & Bonds News page: 1

Australia's central bank hikes rates by 50 bps, says still not done

Reuters | 2022-09-06, 15:51

SYDNEY, Sept 6 (Reuters) - Australia's central bank raised its cash rate 50 basis points to a seven-year high of 2.35% on Tuesday and left the door wide open for yet more tightening ahead as it fights to restrain surging inflation. Wrapping up its

Canara Bank raises benchmark lending rate by up to 0.15%

The Siasat Daily | 2022-09-06, 15:27

New Delhi: Canara Bank on Tuesday said it has hiked the benchmark MCLR by up to 0.15 percent, a move that will make loans costlier. The revised marginal cost of funds-based lending rate (MCLR) across

Stocks turn lower, Dow down 200 points as Treasury yields hit highest level since June

Market Watch | 2022-09-06, 15:21

U.S. stocks turned sharply lower Tuesday morning, falling to fresh six-week lows as the main

Bank FD: PNB vs HDFC Bank vs SBI; Check Detailed Comparison of Latest Interest Rates

News18 | 2022-09-06, 13:47

RBI's Monetary Policy Committee has hiked the key repo rate thrice in its last three policy review meetings

Sharp decrease in commodities due to recession, worries about interest rates

MENA FN | 2022-09-06, 13:26

(MENAFN) Last week, commodities markets experienced strong falls, led by metals, as a result of expectations for central banks to quickly raise interest rates, coronavirus lockdowns in China, and ... ...

Australia's central bank on Tuesday increase its policy interest rate

MENA FN | 2022-09-06, 13:26

(MENAFN) The policy interest rate, or cash rate, was increased by 50 basis points to reach 2.35 percent on Tuesday by Australia's central bank. The interest rate on currency settlement balances was ... ...

Central Bank MPC Members Express Concern Over Nigeria's Rising Inflation Rate

All Africa | 2022-09-06, 12:44

Last month, the CBN monetary policy committee unanimously voted to increase the benchmark interest rate from 13 percent to 14 percent, to address the nation's rising inflation. ...

Australia central bank lifts cash rate to 2.35% in 5th hike

The Seattle Times | 2022-09-06, 12:32

Australia’s central bank has boosted its benchmark interest rate for a fifth consecutive month to a seven-year high of 2.35%. ...

Canara Bank hikes benchmark lending rate by up to 0.15%, loans to become costlier

The Economic Times | 2022-09-06, 12:09

The benchmark one-year MCLR will be 7.75 per cent against the existing rate of 7.65 per cent. The one-year rate is used to fix most consumer loans such as auto, personal and home loans. ...

4 Best tax saving FDs offering over 6.5% interest rate

The Economic Times | 2022-09-06, 12:09

The interest rates on tax-saving fixed deposits vary by bank; here are the banks with the highest tax-saving FD interest rates. ...

Canara bank hikes benchmark lending rate; Check the new rates

Zeenews | 2022-09-06, 11:30

Now the benchmark one-year MCLR will be 7.75 % from the earlier 7.65 %. The one-year benchmark is used to fix most customers loans such as auto, personal, and home loans. ...

India inflation rate likely rose to 6.9% in August - Deutsche Bank

Reuters | 2022-09-06, 11:02

MUMBAI, Sept 6 (Reuters) - Deutsche Bank estimates that India's consumer price index (CPI) firmed to 6.9% year-on-year in August, while core inflation likely stood at 6%. The Asian nation will report the data next Monday. While Brent crude oil prices have

U.S. Treasury yields rise as investors await economic data, auctions

CNBC | 2022-09-06, 10:04

U.S. Treasury yields were higher on Tuesday as investors awaited a fresh batch of economic data following Monday's Labor Day recess. ...

Reserve Bank of Australia Lifts Cash Rate to 2.35 Percent

The Epoch Times | 2022-09-06, 09:37

The Reserve Bank of Australia (RBA) has announced the fifth consecutive interest rate increase and

Big interest rate hike won’t save euro as energy shock deepens

The Philadelphia Inquirer | 2022-09-06, 09:32

LONDON - The hit to the euro zone economy and its currency from a deepening energy crisis is so severe that

Australia surges policy interest rate by 50 basis points

MENA FN | 2022-09-06, 09:25

(MENAFN) Australia's central bank on Tuesday surged its policy interest rate – cash rate – by 50 basis points to 2.35 percent. The Reserve Bank of Australia also surged the interest rate on trading ... ...

Commodities decrease sharply due to worries around interest rates, recession

MENA FN | 2022-09-06, 09:25

(MENAFN) Topped by metals, severe decreases were witnessed in commodity markets last week because of estimations of strong interest rate hikes from central banks, coronavirus restrictions in China ... ...

Bank stocks in doldrums as tighter regulations offset rate hike effect

Korea Times | 2022-09-06, 09:11

By Lee Min-hyung Bank stocks have taken a battering in recent months, as tighter regulatory hurdles have aggravated investor sentiment despite rapid interest rate hikes, analysts said. Financial stocks are considered key beneficiaries of monetary tightening,

Australian central bank hikes cash rate to seven-year high

Manila Standard | 2022-09-06, 07:41

Australia’s central bank hiked interest rates to a near eight-year high Tuesday as it joins others in trying to bring down sky-high inflation and warned further increases were likely that would hit families’ pockets. The Reserve Bank of Australia

India inflation rate likely rose to 6.9% in August – Deutsche Bank

FX Empire | 2022-09-06, 07:37

MUMBAI (Reuters) – Deutsche Bank estimates that India’s consumer price index (CPI) firmed to 6.9% year-on-year in August, while core inflation likely stood at 6%. The Asian nation will report the data next Monday. While Brent crude oil prices have recorded a

Australia's central bank hikes rates and says more to come

RTE | 2022-09-06, 07:26

Australia's central bank raised its cash rate 50 basis points to a seven-year high of 2.35% today and left the door wide open for yet more tightening ahead as it fights to restrain surging inflation. Wrapping up its September policy meeting, the Reserve Bank

Interest rate ‘rigger’ guilty plea thrown out

BBC News | 2022-09-06, 06:57

A British former trader has had a conviction in the US for "rigging" interest rates overturned in spite of pleading guilty. Mike Curtler, formerly of Deutsche Bank, was among 38 former traders and brokers prosecuted after the US Department of Justice

RBA interest rates: Reserve Bank raises official rate to 2.35% amid inflation fears

The Guardian | 2022-09-06, 06:26

The RBA decision brings the cash rate to the highest level since 2015 with mortgage holders set to face higher repayments Follow the day’s news, live Get our free news app , morning email briefing or daily news podcast The Reserve Bank has raised its key

Reserve Bank continues with most aggressive interest rate rises since 1994

The Reserve Bank raises interest rates for the fifth month in a row, causing the sharpest increase in borrowing costs for nearly three decades. ...

Use our mortgage rate rise calculator to see how rising interest rates might impact you

Tell us your loan size, term and interest rate, and our mortgage rate rise calculator will work out how much more you may have to pay on your loan. ...

Reserve Bank of Australia hikes interest rates 0.5% for a record FIFTH time in a ...

The Daily Mail | 2022-09-06, 05:40

Australian home borrowers have copped the fifth straight monthly interest rate rise with the Reserve Bank imposing another 0.5 percentage point increase. A 50 basis point jump in the cash rate takes it to seven-year high of 2.35 per cent, up from an existing

AP / Turkish Presidency