Tag: Interest
Debt, inflation, interest rates: five figures to understand the crisis affecting the United Kingdom
FOCUS – The newly installed British government is already facing strikes, worried markets and criticism from financial institutions like the IMF. She has occupied 10 Downing Street for only three…
India raises interest rates again
India’s central bank on Friday raised its key rate for the fourth time in five months in an attempt to offset high inflation and a depreciation of the rupee. The…
Mexico raises its interest rate to an all-time high
The Central Bank of Mexico (Banxico) announced Thursday a new increase of 0.75 points to 9.25% of its reference interest rate, a historic maximum against inflation of 8.76% at its…
Wall Street: Unexpected rebound with the easing of interest rates
(CercleFinance.com) – The New York Stock Exchange is back on the rise on Wednesday, supported by energy stocks, against a backdrop of easing bond yields and a ebbing dollar, even…
Workiva attracts interest from Thoma Bravo and TPG for takeover – Bloomberg News
Cloud-based data platform Workiva has received interest from private equity firms Thoma Bravo and TPG, Bloomberg News reported Wednesday, citing people familiar with the matter. Private equity firms have taken…
Hungary raises interest rate again to counter inflation
The Hungarian central bank once again significantly raised its main interest rate on Tuesday, to 13%, a record level since 2008 to counter inflation and the devaluation of the forint.…
Higher interest rates raise fears of wildfire on the stock market
The stock exchanges are reacting to the interest rate hikes by the central banks with high price losses. In the short term, the prospects look bleak, but in the long…
Bundesbank President Nagel wants to raise interest rates and reduce the ECB’s balance sheet
Prosperity in the medium term is unthinkable without price stability. This was the unequivocal message from Joachim Nagel, the new President of the Deutsche Bundesbank, at a performance at the…
Fed raises interest rates and Kraken chief resigns
Jesse Powell is considered a prime example of a Bitcoin early adopter. The American had already founded the Bitcoin Exchange Kraken in 2011. Since then, Kraken has grown into one…
ECB seeks to reduce interest paid to source banks
FRANKFURT, Sept 23 (Reuters) – The European Central Bank (ECB) is exploring ways to reduce the cost of paying banks’ reserves, which is likely to rise by tens of billions…
ECB seeks to cut interest paid to banks, sources say
FRANKFURT (Reuters) – The European Central Bank (ECB) is exploring ways to reduce the cost of remunerating bank reserves, which is likely to rise by tens of billions of euros…
Lira gets a beating: Turkish central bank commits interest rate hara-kiri
Lira gets spanked Turkey’s central bank commits interest rate hara-kiri 09/22/2022, 4:10 p.m The financial world is surprised: Despite the extreme inflation, the Turkish National Bank lowers the key interest…