Hike funding

Using ARPA Funding to Ensure Water Affordability in Baltimore

For years, Baltimore residents have faced a water crisis that was growing in scope and severity. Constant 10% annual rate hikes Compounded by the devastating economic effects of the COVID-19 pandemic, many cannot afford the most basic resource: water. But last month, our city took a big step forward in water justice, launching the Water4All […]

Hike rates

Why are traders selling dollars after the Fed pledged to aggressively hike rates?

Editor’s note: Jimmy Zhu is chief strategist at Fullerton Research. The article reflects the opinion of the author, and not necessarily the views of CGTN. A hawkish central bank is generally seen as a positive for its currency, but the dollar surprisingly failed to rise after March’s meeting of the Federal Open Market Committee (FOMC) […]

Hike rates

US Fed could raise rates by 25 basis points amid high inflation

It is imperative for the US Fed to raise rates and steadily tighten monetary conditions given that inflation is at a 40-year high and core PCE inflation is at a 30-year high. years, said Prasenjit K Basu, Chief Economist, ICICI Securities. . Amid soaring U.S. inflation to 40-year highs and lingering concerns over Russia’s war […]

Hike rates

Putting Out the Fire: Fed Set to Hike Rates to Tame Inflation

Washington: Soaring fuel, food and housing prices have pushed US inflation to a four-decade high, and Russia’s invasion of Ukraine has made matters worse, so the Federal Reserve is bracing to act this week. But the central bank’s efforts to put out the fires of inflation will be complicated by the prospect that war and […]

Hike service

Charter Spectrum: Fees rise to $30 for TV service now

Charter Spectrum is raising TV service fees this month. On March 18, Spectrum customers will see an increase in TV and equipment fees. The backlash has been intense and critical of the cable giant, which matches most rate hikes over the past five years. How much will spectrum prices go up? Equipment costs will increase […]

Hike rates

CEE MARKETS-Forint, zloty extend gains after central banks rate hike

Band Krisztina Than and Alan Charlish BUDAPEST/WARSAW, March 9 (Reuters) – Hungarian forint EURHUF= jumped nearly 2% on Wednesday, rebounding from record lows reached earlier this week, as new data, which showed inflation at 8.3%, fueled expectations of further interest rate hikes. The Polish forint and zloty EURPLN= already started to rebound on Tuesday after […]

Hike rates

The Fed could raise rates 5 times in 2022; Attractive stock market valuations: Wells Fargo

In an interview with CNBC-TV18, Gary Schlossberg, Global Strategist, Wells Fargo Investment Institute, said valuations are attractive in the US market, which will provide a good opportunity to invest in quality stocks. He said: “Current valuations, in our view, are attractive. Interest rates have a dampening effect on the market; in fact, they are still […]

Hike service

US service sector slows further in February – ISM survey

WASHINGTON, March 3 (Reuters) – A measure of U.S. service industry activity fell to its lowest level in a year in February and employment contracted, suggesting a slowdown in economic growth at the end of 2021 persisted beyond the disruption of the winter surge of COVID -19 cases. The Institute for Supply Management said Thursday […]

Hike rates

Powell Signals Fed Will Hike Rates This Month Despite Ukraine Uncertainty

Federal Reserve VSHairdresser Jerome Powell said the central bank plans to raise interest rates for the first time in years this month despite uncertainty over the devolved situation in Ukraine. During a hearing before the House Financial Services Committee on Wednesday, Powell was asked how the Russian invasion of Ukraine would affect the rate and […]

Hike rates

The Fed will hike rates 11 times by the end of 2023

WASHINGTON – JANUARY 22: The Federal Reserve Building is seen on January 22, 2008 in Washington, DC. … [+] The Fed cut its benchmark interest rate by three-quarters of a percentage point after two days of tumult in international markets due to fears of a recession in the United States. (Photo by Chip Somodevilla/Getty Images) […]

Hike rates

BSP under growing pressure to raise rates

Louise Maureen Simeon – The Filipino Star February 28, 2022 | 00:00 MANILA, Philippines — Pressure is mounting for the Bangko Sentral ng Pilipinas (BSP) to raise its key interest rates as escalating inflation looms following Russian military attacks on Ukraine, a senior official said. global think tank. In its latest research report, Oxford Economics […]

Hike rates

ECB could raise rates this summer before ending bond purchases: Holzmann

Adds comment background ZURICH, February 23 (Reuters) – The European Central Bank could start raising interest rates before ending its bond-buying program, ECB policymaker Robert Holzmann said in an interview with Swiss newspaper NZZ, saying that a rate change would already be possible this summer. As inflation in the eurozone has hit record highs in […]

Hike rates

Fed to hike rates regardless of confirmation of Biden nominees, economists say

Federal Reserve Chairman Jerome Powell leaves a meeting in the office of Sen. Chris Van Hollen, D-Md., in Hart Building Wednesday, Oct. 6, 2021. tom williams | CQ-Roll Call, Inc. | Getty Images There may be many reasons to confirm President Joe Biden’s nominees for the Federal Reserve, but economists say concerns that the central […]

Hike rates

Morgan Stanley expects the Fed to hike rates 6 times in 2022

Morgan Stanley’s logo is seen on the floor of the New York Stock Exchange (NYSE) in Manhattan, New York, U.S., August 3, 2021. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register Feb 17 (Reuters) – Morgan Stanley (MS.N) expects the U.S. Federal Reserve to raise interest rates six times this year for […]

Hike rates

POLL-S.Africa’s Reserve Bank will raise rates again next month

Band Vuyani Ndaba JOHANNESBURG, February 17 (Reuters) – South Africa’s Reserve Bank will step up the pace of its tightening cycle and raise its repo rate again next month to halt rising inflation, according to a Reuters poll released on Thursday, with further increases likely in the future. second and third trimesters. Last month, the […]

Hike rates

These bonds are at risk of collapsing if central bank rates rise

(Bloomberg) — A three-year rally in Indonesian sovereign bonds is heading for a crash that could make them Southeast Asia’s worst performer. Bonds are the most vulnerable in the region to any rate hike, according to a Bloomberg analysis of data dating back to 2005. They tend to fare worse in the three months before […]

Hike funding

The Daily Chase: Investment industry chained to emergency law; Inflation Day in Canada

After waiting more than 24 hours since Prime Minister Justin Trudeau announced his unprecedented use of the Emergencies Act, the detailed regulations were finally published in the Canada Gazette last night. Notably for our purposes, more than a dozen types of financial entities are being told that they “must determine on an ongoing basis” whether […]

Hike rates

Goldman Sachs predicts the Fed will hike rates 7 times in 2022

Goldman Sachs predicted the Federal Reserve will raise interest rates seven times this year, up from previous forecasts of five rate hikes in an effort to tame runaway inflation. Goldman analysts, led by economist Jan Hatzius, issued the strengthened forecast in a report this week, just as recently released federal data indicated that inflation is […]

Hike rates

Edward Yardeni tells the Fed to ‘just do it’ and hike rates by 50 bps

Former Fed economist Edward Yardeni urged the Fed to raise rates at the March FOMC meeting. “Do it,” he told Bloomberg. “Let’s go, let’s do 50 [basis points]the market has already discounted it.” Yardeni also said that “bondage vigilantes” may soon make a “comeback”. An old Federal Reserve According to an economist, the central bank […]

Hike funding

Report: US FinTech Venture Capital Funding Has Doubled

Venture capital funding for US FinTechs almost doubled in value and volume of transactions, according to an analysis published Thursday, February 10 by S&P Global Market Intelligence. The company says the rise in deal value has been particularly surprising, but warns that 2022 could be a different story. “U.S. FinTech funding had a banner year […]

Hike rates

RBI Repo Rate 2022: Why RBI Didn’t Raise Rates For The 10th Time In A Row And What It Means For You | India Business News

The Reserve Bank of India left its key interest rates unchanged for a tenth consecutive meeting, maintaining a dovish stance on the threat of the Omicron variant. He believes India’s economic recovery is still incomplete and needs continued policy support. Repo and reverse repo rates remain unchanged at 4% and 3.35%, respectively, RBI Governor Shaktikanta […]

Hike rates

Central banks are starting to hike rates – which currency will benefit the most?

The FED was the first major central bank to start becoming hawkish in the second quarter of last year. However, we noticed already in the summer, that they were going to start tightening monetary policy, as they began to adjust their rhetoric, sounding less dovish. Inflation was the main reason for this decision, with the […]

Hike rates

BofA predicts the Fed will hike rates 11 times. How to invest?

Bank of America thinks the Federal Reserve will raise interest rates 11 times in 2022 and 2023. That’s more than most investors expect, but BofA says it won’t derail the market or the economy. The company’s equity strategists have explained which sectors they believe will fare best as rates rise. Bank of America’s new interest […]

Hike rates

‘Psychological shock’ for Irish mortgage holders as ECB plans to hike rates

The potential for two interest rate hikes this year will affect hundreds of thousands of Irish mortgage borrowers for the first time in a decade, including those on short-term fixed rates and trackers, the senior broker said Michael Dowling. Last week, ECB President Christine Lagarde turned unexpectedly hawkish on inflation and, in a reversal, refused […]

Hike rates

Guide to central banks and the race for rate hikes

Several central banks have taken a decidedly more hawkish stance over the past two months. Our economists look at what is likely to come next. US Federal Reserve Fed Chairman Jerome Powell following January’s FOMC meeting suggests the central bank is serious. With a rate of 7% and a much faster-than-expected tightening, he hasn’t ruled […]

Hike rates

Emerging market currencies may get support if their central bank rates rise

According to a recent Reuters poll, the decision of the US Federal Reserve to implement several rate hikes this year could keep emerging market currencies under pressure in the short term. However, countries that have decided to raise their interest rates will see their currencies perform better within the group in the coming months. More […]

Hike rates

Bank of England set to hike rates again as prices rise – The Durango Herald

Bank of England set to raise interest rates for second time in three months LONDON (AP) — The Bank of England is expected to raise interest rates again on Thursday, putting the United Kingdom well ahead of the rest of Europe and the United States in tackling soaring inflation that is weighing on consumers and […]

Hike rates

Bank of England raises interest rates again as prices rise | world news

LONDON (AP) — The bank of england raised interest rates for the second time in three months on Thursday, putting the UK well ahead of the rest of Europe and the US in tackling soaring inflation that is weighing on consumers and businesses . The bank’s monetary policy committee voted 5-4 to raise its key […]

Hike rates

Bank of England set to hike rates again as prices rise

The Bank of England is expected to raise interest rates again on Thursday, putting the UK well ahead of the rest of Europe and the US in tackling soaring inflation weighing on consumers and businesses . Economists and investors expect the bank’s monetary policy committee to raise its key rate to 0.5%, the second hike […]

Hike rates

Bank of England set to hike rates again as prices rise – The Journal

Bank of England set to raise interest rates for second time in three months LONDON (AP) — The Bank of England is expected to raise interest rates again on Thursday, putting the United Kingdom well ahead of the rest of Europe and the United States in tackling soaring inflation that is weighing on consumers and […]

Hike rates

US stocks erased earlier gains as the Fed prepares to raise rates

Asian Market Update: US stocks erased earlier gains as Fed prepares to hike rates; Asian stocks post big losses, UST 2-year yield extends rise [curve flattens]; The hottest New Zealand CPI is generally ignored; Samsung dropped amid cautious advice. General trend – Commodity currencies fall with focus on higher interest rates, stocks fall. – Metals […]

Hike rates

Fed set to hike rates in March as Powell promises sustained fight against inflation

Powell says central bank should raise rates in March Fed chief says inflation hasn’t improved since December US stocks reverse course to end mostly lower WASHINGTON, Jan 26 (Reuters) – The Federal Reserve said on Wednesday it is likely to raise interest rates in March and reaffirmed its intention to end its bond purchases that […]

Hike rates

Powell says the Fed should raise rates in March

“The economy no longer needs high and sustained levels of monetary policy support.” Fed Chairman Jerome Powell said on Wednesday that the U.S. central bank is likely to raise interest rates in March and warned that inflation remains high and supply chain issues are bigger and longer lasting. than previously thought. “I would say the […]

Hike rates

ECB to raise rates by 25 basis points on December 22 – Deutsche Bank

Deutsche Bank on Monday postponed its European Central Bank rate hike forecast to December 2022, with the German lender saying its latest inflation forecast showed the bank’s inflation target would be hit sooner than expected. German bank analysts expect the ECB to hike rates by 25 basis points as early as December 2022 and no […]

Hike rates

Deutsche Bank Updated Euro Forecast Says ECB Will Raise Rates In December

“Our strategists expect EUR/USD to significantly break above 1.20 by next year” – Deutsche Bank. Image © European Central Bank, reproduced under CC license The European Central Bank (ECB) will raise interest rates in December, according to Deutsche Bank, a call that could offer support for euro exchange rates going forward. Deutsche Bank chief economist […]

Hike rates

ECB to raise rates by 25 basis points in December 22

(Reuters) – Deutsche Bank on Monday postponed its forecast for a European Central Bank rate hike to December 2022, with the German lender saying its latest inflation forecast showed the bank’s inflation target would be hit sooner. provided that. German bank analysts expect the ECB to hike rates by 25 basis points as early as […]

Hike rates

Inflation could lead the Fed to hike rates more than 4 times

Goldman Sachs analysts say the Federal Reserve could raise interest rates more than expected this year as it aims to curb the ongoing inflation spurt. Goldman’s current projections call for four rate hikes in 2022, with hikes coming in March, June, September and December. But with inflation at its highest level in four decades, the […]

Hike rates

Reserve Bank of South Africa to raise rates by 25 basis points to 4.00% on January 27

An embossed logo of the Reserve Bank of South Africa sits on a folder of documents during a press conference with Lesetja Kganyago, Governor of the Reserve Bank of South Africa, in Pretoria, South Africa , Thursday, November 20, 2014. Reserve Bank Governor Lesetja Kganyago kept South Africa’s borrowing costs unchanged in his first policy […]

Hike rates

POLL-S.African Reserve Bank to raise rates by 25 basis points to 4.00% on January 27

Band Vuyani Ndaba JOHANNESBURG, January 19 (Reuters) – The Reserve Bank of South Africa (SARB) will raise interest rates to 4.00% on January 27 as it continues its hike cycle amid renewed consumer price inflation, according to a Reuters poll released on Wednesday. Eighteen of 23 economists polled Jan. 12-18 said the central bank would […]

Hike rates

Bank of Canada to hike rates this month: JP Morgan

JP Morgan economists expect the Bank of Canada to raise its benchmark interest rate at its Jan. 26 meeting, ahead of the central bank’s own take-off schedule. “Based on the Bank of Canada’s rhetoric in December, it was clear that labor market dynamics and outperforming economic data had raised concerns at the Bank that the […]

Hike rates

With US Fed tightening looming, RBI must normalize policy and raise rates, or risk capital flight abroad

The RBI is expected to follow global indices and raise interest rates, although it is not clear when it will. Some experts expect RBI to take inspiration from the world and act quickly, others say it will wait and watch. As the US Federal Reserve takes an aggressive stance towards its monetary policy and considers […]

Hike rates

Sticky inflation and tight labor market will push Fed to hike rates 4 times in 2022: Goldman Sachs

Inflation will warm up longer and further tightening in the labor market will force Federal Reserve raise rates four times instead of three in 2022, according to a new forecast from Goldman Sachs. Jan Hatzius, chief economist at Goldman, wrote in a note on Sunday that the investment bank forecast a fourth rate hike of […]

Hike rates

Persistent inflation and tight labor market will push Fed to hike rates 4 times in 2022: Goldman Sachs

Opinions expressed by Contractor the contributors are theirs. Inflation intensifies for longer and a further tightening of the labor market will force the Federal Reserve hike rates four times instead of three in 2022, according to a new forecast from Goldman Sachs. Jan Hatzius, chief economist at Goldman, wrote in a note on Sunday that […]

Hike rates

Goldman predicts Fed to hike rates four times this year, more than expected

Federal Reserve Chairman Jerome Powell testifies during the House Financial Services Committee hearing titled Treasury Department and Federal Reserve Pandemic Response Watch at Rayburn Building on Wednesday, December 1, 2021 . Tom Williams | CQ-Roll Call, Inc. | Getty Images Persistent high inflation combined with a labor market close to full employment will push the […]

Hike rates

Job cuts increase pressure on the Fed to raise rates

The US economy created fewer jobs than expected in December. According to data on non-farm wages, only 199,000 people have found work, while there have been 141,000 net upward revisions in the past two months. Combining these numbers gives us an employment gain of 340,000, which is well below the consensus forecast of 450,000. In […]

Hike rates

The Federal Reserve is expected to raise rates 4 times in 2022

The Federal Reserve is expected to raise interest rates more than expected in 2022 as the U.S. economy grapples with runaway inflation and tough labor conditions, Goldman Sachs analysts said in a note to investors on Sunday. The Wall Street bank said it now expects four rate hikes, down from three in its previous projections. […]

Hike rates

Consumers Energy agreed to hike rates, but at a fraction of what it was looking for

State officials approved an increase in electricity tariffs for Consumers Energy to a fraction of the amount originally requested by the company. The Michigan Public Service Commission this month approved a $ 27.1 million tariff increase for the company’s electricity customers, just 12 percent of the $ 225 million increase. dollars requested by Consumers Energy. […]

Hike rates

UK first G7 economy to hike rates since pandemic

Britain became the first G7 economy to raise interest rates since the start of the pandemic on Thursday, with the US Federal Reserve also signaling plans for tightening in 2022, but the European Central Bank (ECB) has not only slightly dampened the recovery. The differing trajectories of major central banks underscore deep uncertainties about how […]

Hike rates

Taiwan c.bank raises GDP forecast, may raise rates in 2022

The benchmark discount rate remains unchanged at 1.125% as expected Taiwan central bank raises 2021 growth forecast to 6.03% The central bank forecasts growth of 4.03% in 2022 Governor says watching rate hikes in major economies Governor says rate could rise to 1.375% TAIPEI, Dec 16 (Reuters) – Taiwan’s central bank on Thursday upgraded the […]

Hike rates

Powell Pivots: Fed to Accelerate Cut and Raise Rates in 22 to Target Inflation

As we expected thanks to heavy foreshadowing from Chairman Powell and others, the Federal Reserve closed its December meeting of the Open Markets Committee by announcing that it would “reduce [its] stimulate faster at a time of rapid inflation and strong economic growth, capping a difficult year with a pronounced political pivot that could usher […]

Hike rates

Bank of England raises rates by 0.15bp

Welcome to Kitco News’ 2022 outlook series. The new year will be filled with uncertainty as the Federal Reserve seeks to pivot and tighten monetary policies. At the same time, the inflationary threat continues to grow, which means that real rates will remain in low to negative territory. Stay tuned for Kitco news learn from […]

Hike rates

Fed to halt asset purchases by March, hike rates in June, CNBC survey finds

Jerome Powell, Chairman of the U.S. Federal Reserve, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, Tuesday, November 30, 2021. Al-Draco | Bloomberg | Getty Images Here is the Fed. After 20 months of the Federal Reserve’s most aggressive easing policies ever – designed to combat the economic effects […]

Hike rates

Will the RBI raise its rates today? Strategy for debt fund investors

The Reserve Bank of India’s monetary policy committee meets to decide on the future development of interest rates in the country. However, most money market analysts believe the MPC would keep policy rates unchanged tomorrow due to the uncertainties presented by the spread of the omicron virus. Some debt mutual fund managers believe worries about […]

Hike rates

RBI may hike next year’s rates on inflation, Goldman Sachs predicts

Mumbai: India’s central bank may start tightening monetary policy from next fiscal year as consumer prices rise, according to Goldman Sachs Group Inc. “Inflation is going to determine what the RBI does over the next year,” said Santanu Sengupta, senior Indian economist at Goldman, in an interview with Juliette Saly and Rishaad Salamat on Bloomberg […]

Hike rates

Massive inflation will likely push Fed to hike rates 6 times: Federated

A long-standing bull market tempers its outlook due to inflation. Phil Orlando of Federated Hermes expects the Federal Reserve to hike interest rates six times over the next two years to contain massive price increases from vehicles to shelters to food. “Our best guess is that we’ll see two-quarter-point rate hikes from the Fed in […]

Hike rates

When will the United States raise rates?

SIMON BROWN: Chat now with Viv Govender from Rand Swiss. Viv appreciates the early morning hours. the [US Federal Reserve’s James Bullard (president and CEO of the Federal Reserve Bank of St Louis). The Fed folks are always talking and engaging. But yesterday he was giving a speech and he got quite hawkish on us. […]

Hike rates

Mortgage recap: Will the Bank of Canada raise rates before the Fed?

As soon as the Bank of Canada thinks it is losing the battle against inflation, it will raise interest rates, regardless of whether the US Federal Reserve is willing to do the same. That’s when we’ll begin the march toward judgment day, when we’ll know whether variable or fixed rate mortgagers made the right choice. […]

Hike rates

Bank of England could be on the verge of raising rates amid soaring inflation

General view of the Royal Exchange, the Bank of England and the City of London on an overcast day. Vuk Valcic | SOPA Pictures | light flare | Getty Images LONDON — The Bank of England’s monetary policy committee will meet on Thursday to decide whether to pull the trigger on interest rate hikes. Policymakers […]

Hike rates

FOMC: Time to cut bond purchases, not raise rates

NEW YORK (Reuters) – The Federal Reserve said on Wednesday it would start cutting its monthly bond purchases in November with plans to end it in 2022, but remained confident that high inflation would prove “transient “and would probably not require a rapid rise in interest rates. However, the U.S. central bank said global supply […]

Hike rates

Fed resists pressure to hike rates

While many financial commentators were pushing for rate hikes based on supposed market expectations and inflationary pressures, Jerome Powell gave them a lesson in economics. Speaking at a press conference this afternoon, following the two-day meeting of the Federal Open Market Committee responsible for setting policy, Powell explained that the central bank would begin to […]

Hike rates

Allstate wants to raise its rates again. Will state regulators let them?

In Connecticut, regulators on August 19 rejected an offer from Geico, based in Chevy Chase, Maryland, to raise rates by an average of 6%, essentially accusing the company of completely ignoring the effects of the pandemic. “This filing is being dismissed because it is essentially a 6% increase…using LOSS DATA through 12/31/2019,” the department said […]

Hike rates

Bank of Canada pledges to hike rates before cutting bond holdings

The Bank of Canada has issued guidelines for the first time on how it plans to eventually scale back monetary stimulus, saying it will raise interest rates first before reducing its holdings of government bonds. In a speech on Thursday the day after a firm decision, Governor Tiff Macklem provided details on what he called […]

Hike rates

RBI won’t raise tariffs anytime soon, Shaktikanta Das says ‘no plans to surprise market’

The Reverse Bank of India (RBI) had introduced a series of policy changes last year to help countries get back on track and weather the effects of the Covid-19 pandemic. A major step on this path was the decision to cut repo rates – the rate at which it lends to commercial banks – in […]

Hike rates

RBI to hike rates from early 2022, take more steps to normalize policy: analysts

MUMBAI (Reuters) – The Reserve Bank could reach the end of its tolerance for high inflation and will most likely raise interest rates in the first half of 2022, analysts said on Friday. The central bank will also start to reverse its accommodative policies that led to easy liquidity conditions, they said. The analysts’ view […]

Hike rates

Bank of Canada will have more leeway to raise rates as US Fed turns hawkish: RBC

Canada’s largest bank is now seeing the US raise interest rates, and that’s a big boon for rate hikes in Canada. RBC Senior economist Josh Nye said the bank expects US rates to rise by next year. The hike will allow the Bank of Canada (BoC) to raise rates without a significant appreciation of the […]

Hike rates

The Cycle is Turning: Emerging Central Banks Hike Rates in March

The central bank headquarters building is seen in Brasilia, Brazil May 16, 2017. REUTERS/Ueslei Marcelino Join now for FREE unlimited access to Reuters.com Register LONDON, April 16 (Reuters) – Emerging market central banks made five sharp interest rate hikes in March, marking the end of an easing cycle that began in 2019 as countries’ central […]