Credit card rates steady as banks struggle with uncertain economy — Amid mixed economic signals, banks
kept interest rates unchanged on credit cards offers this week at 12.28 percent, according to the CreditCards.com Weekly Credit Card Rate Report.
(REUTERS)-- The U.S. Federal Reserve
kept interest rates unchanged today in a nod to concerns about a weak world economy, but left open the possibility of a modest policy tightening later this year.
Yields followed their UK counterparts lower on Thursday after the Bank of England
kept interest rates unchanged.
WASHINGTON (Reuters)- The U.S. Federal Reserve
kept interest rates unchanged on Wednesday and in a direct reference to its next policy meeting put a December rate hike firmly in play.
The Fed
kept interest rates unchanged following its policy meeting on Wednesday, a move that was widely expected, and noted that inflation was starting to inch higher, leaving it on track to raise borrowing costs in June.
This morning, the European Central Bank
kept interest rates unchanged at record lows, as expected, but European markets could take another turn depending on what happens when European Central Bank president Mario Draghi takes questions later this morning.
U.S. Treasury yields rose on Wednesday after the Federal Reserve
kept interest rates unchanged, as was largely expected.
The benchmark 10 - year Treasury note fell from a more than four - year high to below 3 percent after the European Central Bank
kept interest rates unchanged and reaffirmed its stimulative monetary policy stance.
U.S. Treasury yields whipsawed on Wednesday after the Federal Reserve
kept interest rates unchanged, as was largely expected.
Macquarie Group client investment manager David Kiely provided a financial community primer for what not do to in public view when he clicked on an e-mail containing racy GQ photos of Kerr as his colleague Martin Lakos appeared Tuesday on the country's Seven Network TV, to discuss the central bank's surprise decision to
keep interest rates unchanged.
HONG KONG — World stock markets were mixed on Thursday as investors analyzed the Fed's decision to
keep interest rates unchanged and kept an eye out for developments from China - U.S. trade talks in Beijing.
The British pound skewed lower Thursday after the Bank of England announced it was
keeping its interest rates unchanged and raised its growth forecasts.
European markets continued lower Thursday as investors reacted to the European Central Bank
keeping interest rates unchanged.
The U.S. Federal Reserve is expected to
keep interest rates unchanged on Wednesday but set the stage for a hike in December amid signs the economy is picking up steam.
The Reserve Bank of Australia on Tuesday decided to
keep its interest rates unchanged at 1.5 percent — a record low — and said it expects the Aussie economy to grow around 3 percent a year over the next few years.
Citing the impacts of the earthquakes, and a consumer - price inflation that would soon start falling after a 16 - year high, Banxico announced that it would likely
keep interest rates unchanged through the end of 2017.
With low money and credit growth persisting, inflation below target and growth slower than in previous years I now expect the BoE's Monetary Policy Committee to
keep interest rates unchanged during this year.
Meanwhile, the Fed
kept the interest rate unchanged at 1.5 % to 1.75 %, as widely expected.
Gold prices climbed on Thursday as the dollar fell after it jumped to this year's new high while the Federal Reserve
kept the interest rate unchanged.
The Bank of Israel decided to
keep the interest rate unchanged.
The dollar slipped against the other major Asian currencies on Thursday morning after it jumped to this year's new high while the Federal Reserve
kept the interest rate unchanged.
At the Federal Reserve meeting this month members voted to
keep interest rates unchanged at an interest rate range of 1.5 % -1.7 %, as most economists predicted after rates were raised at the previous March meeting.
Not exact matches
In Japan, the Central Bank said Thursday morning it was
keeping its
rates unchanged and the People's Bank of China raised its short - term
interest rate by 10 basis points on both medium - term lending facility loans and its open market operation reverse repurchase agreements.
The Polish central bank announced Wednesday it
kept its benchmark
interest rate unchanged at a record low of 1.5 percent.
On Wednesday, the Fed said that it was
keeping the short - term
interest rate it controls
unchanged at 0.25 %.
WASHINGTON — The Federal Reserve
kept its benchmark
interest rate unchanged Wednesday but noted that inflation is nearing its 2 percent target
rate after years of remaining undesirably low.
All 14 economists surveyed by Reuters predicted the central bank would
keep its benchmark
interest rate unchanged while assessing the effects of its November
rate rise and global
The loonie's rally is «exacerbating ongoing competitiveness challenges and muting the outlook for exports,» the Bank of Canada said Wednesday as it
kept its key
interest rate unchanged at 0.5 percent.
Their excessive euphoria was further augmented by the banks which have
kept local credit costs
unchanged despite six
interest -
rate increases in the United States since the beginning of last year.
FRANKFURT, Germany (AP)-- European Central Bank
keeps key
interest rates unchanged, does not extend bond - buying stimulus program.
The Federal Reserve is
keeping a key
interest rate unchanged in light of global pressures that risk slowing the U.S. economy.
RBI
keeps the key
interest rates unchanged.
This week's meeting is less about the official decision on
interest rates (it's a virtual lock that they will
keep the federal funds
rate unchanged at 1.50 % -1.75 %) and more about any wording changes to their written statement.
«The Bank of Canada
kept the key overnight
interest rate unchanged at 0.5 % as expected, as the Federal Reserve is poised to hike
rates for the first time in nearly 10 years.
Fed holds
interest rates steady for now — The Federal Reserve decided to
keep its influential benchmark
rate unchanged, while hinting at a
rate increase later this year... (See Fed)
Federal Reserve leaves
interest rates unchanged again — The Federal Reserve
kept interest rates at record lows on Tuesday, once again sparing American credit card holders an abrupt increase in their annual percentage
rates.
Even though the government
kept interest rates on small savings scheme
unchanged, the State Bank of India (SBI) has hiked
interest rates on fixed deposit (FDs) twice in about a month.
The outcome of the presidential election has called into question prior indicators of an
interest rate rise in December, with analysts now expecting the Federal Reserve to
keep the key
rate unchanged as markets respond to the result.
The Federal Reserve
kept the key
interest rate unchanged on Wednesday, but left open the possibility of a rise in the
rate in December.
(TNS)-- Consumer prices were
unchanged in November amid declining energy and food costs, but other data in the government's monthly report indicated enough inflation to
keep the Federal Reserve on track for an
interest rate hike this week.
The Federal Reserve
kept the key
interest rate unchanged this week as it looks to future fiscal policy under the new administration — a decision in line with its intent to raise
rates only gradually in 2017.