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Why the Era of Historically Low Interest Rates Could Be Over
Business

Why the Era of Historically Low Interest Rates Could Be Over

Higher productivity and increased deficits could raise the “neutral” rate of interest, limiting Fed cuts. Source link

Higher Interest Rates and Sluggish Economy Fuel European Bankruptcies
Business

Higher Interest Rates and Sluggish Economy Fuel European Bankruptcies

EU bankruptcies surge to the highest level since 2015, nudged by the end of pandemic-era aid. Source link

Bank of England Raises Key Interest Rate by Quarter Point
Business

Bank of England Raises Key Interest Rate by Quarter Point

The central bank increased its key rate for the 14th time in a row and said it may do so again as it tries to

Federal Reserve Raises Interest Rates to 22-Year High
Business

Federal Reserve Raises Interest Rates to 22-Year High

Officials have slowed the pace of increases this year but aren’t sure they have fully tackled inflation. Source link

Finances

Fifth Third Bancorp tops profit estimates on strong interest income By Reuters

© Reuters. FILE PHOTO: A branch location of Fifth Third Bank is shown in Boca Raton, Florida, January 21, 2010. REUTERS/Joe Skipper/File Photo (Reuters) –

Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

U.S regional bank shares rise on interest income, deposits stabilizing By Reuters

© Reuters. Buildings are reflected in the window of an M&T Bank branch in New York August 27, 2012. M&T Bank Corp. said it would

Fed officials discuss rates, Amazon Prime Day arrives - what
Finances

Citizens Financial beats second-quarter profit estimates on interest income boost By Reuters

© Reuters (Reuters) – Citizens Financial (NYSE:) Group reported a second-quarter profit that beat Wall Street estimates as lenders’ net interest income rose in a

M&T Bank beats profit estimates as higher rates boost interest income By Reuters
Finances

M&T Bank beats profit estimates as higher rates boost interest income By Reuters

© Reuters. FILE PHOTO: Midtown Manhattan office buildings are reflected on the glass of an M&T Bank branch in New York August 27, 2012. REUTERS/Brendan

Finances

Thai recovery intact, interest rates to normalise gradually

© Reuters. FILE PHOTO: Bank of Thailand Governor Sethaput Suthiwartnarueput speaks during his first briefing on the economy and monetary policy after taking office in

Analysis-Banking woes, Fed keep investors on edge in nervous U.S. stock market By Reuters
Finances

U.S. banks shares spark after interest income boost, but outlook mixed By Reuters

3/3 © Reuters. FILE PHOTO: A man uses an ATM machine next an inflatable plastic balloon inside a Bank of America branch in Times Square