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Asian shares surge as markets bet on peak Fed rates, China stimulus By Investing.com
© Reuters Investing.com– Most Asian stocks rose sharply on Tuesday amid expectations that the Federal Reserve was close to concluding its rate hike cycle for
Bank of Canada seen hiking rates quarter point to tame stubborn inflation By Reuters
© Reuters. FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie//File Photo By
Jobs Report Keeps Fed on Track to Raise Rates in July
The Federal Reserve is on course to raise interest rates to a 22-year high later this month to combat inflation. Source link
Rebound in Rates Puts Pressure on Banks
U.S. banks are poised for a rebound in unrealized losses on their bond and loan portfolios, after a surge in market interest rates. Source link
Why Interest Rates Don't Cool Inflation Enough: They Hit the Wrong Places
Many prices less affected by monetary policy matter more for cooling inflation, giving central banks reasons to be overly hawkish. Source link
BNY Mellon beats profit estimates as higher rates boost interest income By Reuters
© Reuters. FILE PHOTO: The Bank of New York Mellon Corp. building at 1 Wall St. is seen in New York’s financial district March 11,
Stocks Waver as Investors Weigh Higher Rates
The S&P 500 and bond yields edged higher as investors braced for a busy week of earnings. Source link
Retail Sales Report Shows Americans Pulled Back on Big-Ticket Purchases as Interest Rates Rose
Economy U.S. Economy Sales fell 1% in March, led by lower spending on vehicles Source link
Wells Fargo profit rises as higher rates bolster interest income By Reuters
© Reuters. FILE PHOTO: A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith/File Photo (Reuters) – Wells Fargo
Bank of Canada keeps rates on hold, sees stronger 2023 growth By Reuters
© Reuters. FILE PHOTO: Governor of the Bank of Canada Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario, Canada June 22,