Bank of Canada warns of financial instability amid record-high interest rates, citing concerns over stretched asset valuations and mortgage payment hikes, urging vigilance.
Tags: Interest rates
Global Central Banks Set to Lower Interest Rates: How Could This Impact Your Loans and Savings?
Central banks globally are set to announce interest rate changes this week, with the US expected to cut rates by up to half a point, while other countries will either hold steady or make smaller adjustments.
Stock Markets Brace for Impact of Fed's Decision as Investors Worry About Rate Changes
US stock markets started quietly on Monday as investors awaited the Federal Reserve's rate decision on September 17-18, with expectations for a rate cut influencing market movements.
Fed's Rate Hikes Proved Essential in Controlling US Inflation, New Research Finds
A new Kansas City Fed conference study revealed that the Federal Reserve's aggressive rate hikes were essential in gaining public trust and controlling U.S. inflation over the past two years.
Gold Hits Record Highs of $2,540.8 per Ounce, Analysts Predict $3,000 by 2025
As of August 19, gold prices have hit new highs, with spot gold at $2,508.14 per ounce and U.S. futures at $2,540.8 per ounce, amid rising expectations that prices could reach $3,000 by mid-2025.
Latest News
The Federal Reserve has indicated a cautious approach towards cutting US interest rates. The Federal Reserve has indicated a cautious approach towards cutting US interest rates.
Federal Reserve Chairman Jerome Powell has dismissed market speculations for aggressive interest rate cuts ahead.
Amid signs of an economic slowdown, ING Economics predicts that the US Federal Reserve will cut interest rates six times in 2024.
Wall Street hits the record high in 2016. The market reacted positively after the Fed chairwoman's speech in the Economic Club Of New York on Tuesday.
Nordic Business Council Philippines (NBCP) issued its 2016 annual report on Philippine and challenges in the trade and investment sectors. Meanwhile the Central Bank expected a strong growth in the economy.
The British central bank has voted on Thursday to maintain a low interest rate. The uncertainties regarding and weak global trade outlook has made the committee to decide to maintain low interest rate.
The US dollar recorded a multi-year bull run and has still enough steam to gain 10 percent further this year. All eyes are on the two-day policy meeting of US Federal Reserve beginning from Tuesday as it will set the tone for US currency.
The Bank of Japan is reportedly anticipated to reduce its price and economic outlooks for the next fiscal years at a quarterly appraisal that is scheduled in April. The bank is trimming its growth outlook citing the failure of its previous stimulus pack.
Koji Ishida, Bank of Japan's policy board members said the negative interest rate will do very little to boost investment. Continuing tumult in the market may hurt Japanese economy.
