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.
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 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.
Not exact matches
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.
U.S. Treasury yields whipsawed
on Wednesday after the Federal Reserve
kept interest rates unchanged, as was largely expected.
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.
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.
On Wednesday, the Fed said that it was
keeping the short - term
interest rate it controls
unchanged at 0.25 %.
U.S. Treasury yields rose
on Wednesday after the Federal Reserve
kept interest rates unchanged, as was largely expected.
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.
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.
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.
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 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.
Yields followed their UK counterparts lower
on Thursday after the Bank of England
kept 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.
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 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.