Fed holds interest rates at 3.75%-4% as inflation risks persist ahead of US midterms
The Federal Open Market Committee voted 10-2 to maintain rates, delaying further adjustments to borrowing costs despite stronger-than-expected inflation...
Tag : interest rates
Norway’s wealth fund, world’s largest, loses USD 30 billion as bond turmoil bites
The USD 2.3 trillion fund lost USD 29.7 billion in the Q3 as rising interest rates hurt bond investments and market volatility weighed on returns...
US 30-year Treasury yield hits record high amid deepening global bond selloff
Yields all over the world have touched multi-decade highs amid elevated energy prices and higher government spending...
Bank of Japan raises interest rates to 31-year high, signals more hikes ahead
The BOJ raised its policy rate to 1.25% from 1% by a 7-2 vote, with dovish board members Toichiro Asada and Ayano Sato dissenting to the move...
Australian bank stocks slide as Westpac warns of weak housing investor appetite
As per the Westpac, investor credit demand for Australia's housing sector would fall from 9.1% in 2026 to 4.5% in 2027 and 4.4% in 2028...
Despite weakness in crypto trading, Robinhood beats profit estimates
Robinhood's retail trading remained robust as heightened market volatility, due to the Iran war and the Fed rate outlook, kept investors active...
Fed keeps rates unchanged, Warsh to review central bank’s “working pattern”
With inflation running at an above-target 3.8% and uncertainty surrounding the Iran deal, Fed's rate-setting committee unanimously decided to keep rates steady...
Japan likely spent USD 35 billion to save yen: BOJ report
According to Atsushi Mimura, Tokyo's top currency diplomat, the BoJ faces zero constraints when intervening in currency markets...
Uganda returns to banks for loans as credit options thin out
According to Uganda's September 2024 debt sustainability analysis report, commercial banks own 12% of the nation's external debt...
High interest rates: PE’s biggest challenge?
In the United States, private equity firms have created 12 million jobs and contributed 6.5% to the GDP, amounting to $1.4 trillion...