pause

A bedrock component of pandemic-era relief for households is coming to an end: The debt-limit deal struck by the White House and congressional Republicans requires that the pause on student loan payments be lifted no later than Aug. 30.By…

Last Updated: June 16, 2023, 02:30 ISTLondon, United Kingdom (UK)U.S. Treasury yields were lower as investors digested the economic data and the Fed's update.Equities trading had been choppy on Wednesday after the Fed signaled it could…

BENGALURU: India's blue-chip stock indexes snapped a three-day winning streak on Thursday after the U.S. Federal Reserve hinted at further interest hikes later this year, but the domestically oriented mid-cap index rallied to a fresh record…

ECB President Christine Lagarde said more hikes, including at the bank's next meeting on July 27, are in the cards. (Twitter) The boost of a quarter-percentage point in interest rates, to 3.5 per cent, is the eighth straight increase since…

FRANKFURT: The European Central Bank pressed ahead with another interest rate hike on Thursday and pledged more are on the way, aiming to crush inflation that is driving up the cost of groceries even after the US Federal Reserve took a…

The European Central Bank raised borrowing costs to their highest level in 22 years on Thursday and left the door open to more hikes, extending its fight against inflation that remains stubbornly high even as the euro zone economy flags.The…

The European Central Bank announced a 0.25% raise on Thursday, bringing the eurozone's key interest rate to 4%.  "The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit…

For long-term borrowers, Jerome Powell at the U.S. Federal Reserve had some good news and some bad news that could affect Canadians hoping to renew mortgages or extend other loans.The good news is that the U.S. central bank is following the…

After raising interest rates 10 times over the past 15 months, the Federal Reserve is expected to take a break on Wednesday and hold rates steady. But the cumulative effects of past rate increases will continue to squeeze the budgets of…

The Fed looks poised to pauseS&P 500 futures are up on Wednesday as investors bet that the Fed will not change its prime lending rate, thanks to an array of unexpectedly positive economic data.If the central bank moves as expected, it…