Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.
It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage ...
For the first time in two years, credit to the manufacturing sector recorded a quarterly decline in 2024, following weakening ...
and the National Treasury to bring down interest rates in the economy, are set to be tested by a 32 percent increase in government’s net domestic borrowing in the upcoming fiscal year ...
The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second ...
Meanwhile, businesses are borrowing ... though the increase could be modest. Another shift is that stubbornly high yearly budget deficits threaten to lift interest rates as well, because Wall ...
The base rate directly impacts the cost of borrowing, affecting mortgages, credit cards, and personal loans. Despite this, First Direct will increase the interest rates offered on credit card ...
but that depends on how long higher borrowing costs are sustained. “What we learned over the year was that the economy could tolerate high interest rates a bit more than the Fed expected ...
The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily reference rate for the managed currency ... Global central bankers are poised ...
One factor driving the increase was interest payments ... However, S&P said higher borrowing costs are unlikely to derail the U.K. government's debt plans. S&P rates the U.K. as an AA borrower ...
The U.K. government's budget deficit surged in the final month of 2024, underlining the challenge facing the government in meeting its fiscal rules as interest rates remain high and growth weak.