Bank of Canada readies further rate hikes despite market turmoil – BNN Bloomberg
— Read on www.bnnbloomberg.ca/bank-of-canada-readies-further-rate-hikes-despite-market-turmoil-1.1832751
Tag: Interest Rates
ECB Interest-Rate Hikes Must Persist Into Next Year, Kazaks Says
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.European Central Bank Governing Council member Martins Kazaks said interest rates should be raised beyond year-end — a time when economists increasingly expect the euro zone to be in the midst of a recession.The reason for the prolonged hawkish stance, according to the Latvian official, is that elevated inflation is likely to persist despite a downturn. He backs a hike of 75 basis poin
— Read on ca.finance.yahoo.com/news/ecb-interest-rate-hikes-must-115618237.html
Visualizing 40 Years of U.S. Interest Rates
The Federal Reserve has raised U.S. interest rates five times in 2022, but how do today’s levels compare to historical interest rates?
— Read on www.visualcapitalist.com/sp/visualizing-40-years-of-u-s-interest-rates/
Mexico Central Bank Hikes Rate to 9.25%, in Step With Fed
(Bloomberg) — Mexico raised its benchmark interest rate to a record 9.25% on Thursday as policy makers prioritize their fight against inflation over reviving a slowing economy.Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersMacKenzie Scott Files for Divorce From Science Teacher HusbandTrump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite HurricaneVolatility Grips Stocks as Fed Remains Hawkish: Markets WrapThe UK’s Crisis of Confidence Was Yea
— Read on ca.finance.yahoo.com/news/mexico-central-bank-hikes-rate-183014906.html
Interest rates: TD, Scotia see Bank of Canada heading to 4% – BNN Bloomberg
Interest rates: TD, Scotia see Bank of Canada heading to 4% – BNN Bloomberg
— Read on www.bnnbloomberg.ca/interest-rates-td-scotia-see-bank-of-canada-heading-to-4-1.1818698
Dollar firm as markets brace for another big Fed rate hike
The dollar remained firm below a two-decade high versus major peers on Tuesday, as investors braced for the Federal Reserve to continue its aggressive interest-rate-hiking campaign to rein in overheated inflation. The two-year U.S. Treasury yield, which is extremely sensitive to policy expectations, rose as high as 3.970% overnight for the first time since November 2007. Investors have fully priced another 75 basis point bump by the Federal Open Market Committee for Wednesday, and lay 19% odds for a super-sized full percentage point increase.
— Read on ca.finance.yahoo.com/news/dollar-firm-markets-brace-another-020447365.html
Charted: The History of Interest Rates Over 670 Years
Interest rates sit near generational lows — is this the new normal, or has it been the trend all along? We show a history of interest rates in this graphic.
— Read on www.visualcapitalist.com/the-history-of-interest-rates-over-670-years/
Visualizing the 200-Year History of U.S. Interest Rates
How long could U.S. interest rates hover near zero? This 200-year chart puts rates into context, as the Federal Reserve projects no change until 2023.
— Read on advisor.visualcapitalist.com/us-interest-rates/
Animation: Visualizing U.S. Interest Rates Since 2020
U.S. interest rates have risen sharply after sitting near historic lows. This animation charts their trajectory since 2020.
— Read on www.visualcapitalist.com/cp/animation-visualizing-u-s-interest-rates-since-2020/
Nouriel Roubini says investors are ‘delusional’ if they expect the Fed to cut rates next year – MarketWatch
‘The Fed funds rate should be going well above 4% — 4.5%-5% in my view — to really push inflation towards 2%,’ Roubini said.
— Read on www.marketwatch.com/story/nouriel-roubini-says-investors-are-delusional-if-they-expect-the-fed-to-cut-rates-next-year-11660665215