Tag: rates
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Bank of Canada council split on whether interest rates need to rise further
[ad_1] OTTAWA — Further interest rate hikes from the Bank of Canada are very much still on the table as its governing council remains split on whether rates may need to rise further. The central bank on Wednesday released its summary of deliberations detailing the discussions governing council members had in the lead-up to its…
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Eurozone unemployment rises as interest rates start to bite
[ad_1] Listen to article Unemployment in the eurozone has unexpectedly risen to 6.5 percent as the effects of higher interest rates are beginning to drag down the economy. According to figures published by the bloc’s statistics arm Eurostat on Friday (3 November), unemployment rose by 69,000 in September, compared to the previous month, to 11…
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Homeschooling Rates Are Skyrocketing, Here’s Why
[ad_1] by Atiya Jordan November 2, 2023 In the school year following the onset of the pandemic, more parents took action towards their children’s education. In the school year following the onset of the pandemic, more parents took action towards their children’s education. Homeschool enrollment rose by 30%, according to an Urban Institute study, and continues to soar…
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Fed holds interest rates for second time in a row
[ad_1] Stay informed with free updates Simply sign up to the World myFT Digest — delivered directly to your inbox. Good morning. The US Federal Reserve held interest rates at a 22-year high for the second time in a row yesterday but kept open the possibility of further monetary tightening amid mounting evidence that the…
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The Fed held interest rates steady while keeping an eye on inflation : NPR
[ad_1] The Fed kept interest rates steady on Wednesday for a second consecutive meeting but will continue to monitor the economy. Fed Chair Jerome Powell (pictured) had previously left the door open for another rate hike if required. Andrew Caballero-Reynolds/AFP via Getty Images hide caption toggle caption Andrew Caballero-Reynolds/AFP via Getty Images The Fed kept…
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‘Growing evidence’ the RBA needs to raise rates: Ross Greenwood
[ad_1] Sky News Business Editor Ross Greenwood says there is “growing evidence” the Reserve Bank needs to raise interest rates to ensure inflation returns to the “target band” of two to three per cent by 2025. Inflation rose 1.2 per cent in the September quarter which was higher than was forecast, increasing the risk of…
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Alberta COVID-19 numbers show steady rise, but not at previous rates
[ad_1] Breadcrumb Trail Links Politics Published Oct 20, 2023 • Last updated 3 hours ago • 3 minute read University Hospital on Wednesday, Dec. 21, 2022. Photo by Greg Southam /Postmedia Article content Although the virus is not hitting nearly as hard as it did previous seasons, all measures of COVID-19 in Alberta are trending upwards…
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Powell Says Strong Economic Data ‘Could Warrant’ Higher Rates
[ad_1] Jerome H. Powell, the chair of the Federal Reserve, reiterated the central bank’s commitment to moving forward “carefully” with further rate moves in a speech on Thursday. But he also said that the central bank might need to raise interest rates more if economic data continued to come in hot. Mr. Powell tried to…
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Federal Reserve chair pledges to move carefully on rates amid ‘range of uncertainties’
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Federal Reserve will proceed “carefully” with forthcoming monetary policy decisions, its chair said on Thursday, in the latest indication that the US central bank is preparing to forego an interest rate increase at…
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Interest rates, inflation: Australian mortgage repayments break record RBA reveals
[ad_1] Households are spending a greater share of their income on mortgage repayments than ever before and borrowers can expect this figure to climb even higher, the Reserve Bank has warned. Speaking at a business conference in Sydney on Wednesday, RBA assistant governor Chris Kent, who heads the bank’s financial markets division, said on average,…
