Tag: interest
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US debt has hit $40tn – Will that be a wake-up call?
The US hit a debt milestone this week, but just how worried should we be about the world’s largest economy?
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Iceland debates joining EU amid Trump’s Greenland interest
Some Icelanders see their country’s accession to the EU as the best way to protect the island nation’s sovereignty amid US President Donald Trump’s ambitions to annex Greenland.
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Yen jumps as analysts suspect official intervention; dollar broadly weaker
July 30 : The dollar sank against the Japanese yen on Thursday with traders alert to the possibility of intervention from Japan to prop up its stubbornly weak currency. The dollar was also weaker across the board after data showed U.S. inflation slowed in June, a day after the Federal Reserve left interest ra
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US dollar slips against yen as focus shifts to inflation data
July 30 : The dollar weakened against the yen on Thursday ahead of a U.S. inflation report that investors will scrutinize to gauge the path for interest rates, a day after the Federal Reserve left markets guessing about its future monetary policy.The yen popped 0.3 per cent to a one-week high of 162.88 to the
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US dollar finds footing after Fed hold and Iran air strikes
July 30 : The dollar found its footing on Thursday after the Federal Reserve kept its policy interest rate on hold and Chair Kevin Warsh left markets guessing about how divisions on its rate-setting committee would resolve.The greenback rose against most major currencies after the U.S. said it was conducting
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US interest rates held for fifth time in a row
The Federal Reserve’s decision, which was broadly expected, means rates remain between the 3.5% and 3.75%.
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ECB keeps interest rates unchanged amid Iran war inflation
The European Central Bank has kept its base interest rates steady but said it was “closely monitoring” the energy price shock. The impact of the war against Iran on energy costs has pushed inflation over ECB targets.
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Nearly half of Japanese firms hurt by BOJ interest rate hikes – Reuters poll
TOKYO, July 16 : Nearly half of Japanese firms are experiencing negative business impact from the Bank of Japan’s interest rate hikes, with higher borrowing costs hurting bottom lines and discouraging capital investment, a Reuters survey showed on Thursday.The BOJ ended its negative interest rate policy in 20
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How cryptocurrencies are changing global politics
Despite once dismissing them, Donald Trump made over $1 billion from cryptocurrency sales last year. But the digital currencies, and their lobbyists, are having an effect on policy and politicians around the world.
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Federal student loans have a new interest rate discount — here’s who qualifies
To qualify for the U.S. Department of Education’s new interest rate discount on student loans, borrowers must meet several requirements. Here’s what to know.
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