Posthaste: Insolvencies in this province are up 37% on higher interest rates, says economist
High interest rates and household debt and stretched purchasing power have pressured households’ finances over recent years. (Credit:…
Renewed Hormuz hostilities drive ECB rates rethink amid ‘extremely volatile’ outlook
Christine Lagarde, president of the European Central Bank (ECB), speaking at the ECB Forum in Sintra, Portugal on…
Private credit stress test as higher rates squeeze borrowers
Higher-for-longer interest rates were once heralded as an attractive yield driver for private credit investors, but industry professionals…
India’s inflation accelerates to 4.38% in June, exceeding forecasts
NEW DELHI, INDIA – JULY 9: People are seen crossing a waterlogged road after the heavy rainfall at…
Canada’s GDP growth ‘not sufficient,’ FCC economist says
SASKATOON — Canada may be in a technical recession, but it doesn’t feel like one, says an economist.…
With minutes due, Fed’s ‘family fight’ over interest rates could drag on
Divided Federal Reserve officials indicated at their last meeting that they will address persistent inflation this year with…
Central bank trims borrowing costs to 2022 low, sees room for further rate cuts
The Bank of Israel on Monday decided to lower interest rates, following the US deal with Iran, eased…
Warsh drops inflation bombshell that could reset interest-rate bets
From Main Street to Wall Street, households and businesses had been grappling with higher prices in goods and…
Australia home prices suffer steepest fall in 3-1/2 years as rates burst bubble
By Stella Qiu SYDNEY, July 1 (Reuters) – Australian home prices suffered their steepest fall in three-and-a-half years…
June sees biggest monthly fall in national housing values since 2022, Cotality finds
The biggest monthly decline in home values in more than three years has been recorded as the housing…
U.S. Inflation Problems Are Far From Over
If a preliminary deal to end the war with Iran holds, the worst of the inflation surge that…
Weak economy, rising inflation presented a dilemma for Bank of Canada’s latest rate setting decision, deliberations show
Bank of Canada Governing Council members noted that monetary policy needs to remain “nimble” because markets and events…