Bank Rates

Canada Dollar Rises to 1-Year High as Jobs Gain Fuels Rate Bets Businessweek The Canadian dollar rose to a one- year high versus its U.S. peer as domestic employers added more jobs than forecast, bolstering speculation Bank of Canada Governor Mark Carney will raise its target interest rate. Canada's currency added to a weekly ... See all stories on this topic »

Mexico central bank holds interest rates but signals hike possible Reuters Central bank leaves rates at 4.5 percent * Central bank warns may hike rates in future * Inflation jumps to more than two-year high By Krista Hughes and Simon Gardner MEXICO CITY, Sept 7 (Reuters) - Mexico's central bank left interest rates on hold on ... See all stories on this topic »

Bank holding interest rates as surveys show signs of recovery This is Nottingham The Bank's Monetary Policy Committee maintained interest rates at record lows of 0.5 per cent and held its quantitative easing (QE) programme at £375 billion as it continues to work through £50 billion of asset purchases announced in July. The move ... See all stories on this topic »

Philippines May Raise Inflation Outlook, Signaling Rates on Hold Businessweek Philippine central bank Deputy Governor Diwa Guinigundo said policy makers will probably raise inflation forecasts for 2012 and 2013, signaling the bank may pause after three interest-rate cuts this year. "Monetary policy remains appropriate at this ... See all stories on this topic »

Waiting for Fed news, bank stocks jump Businessweek NEW YORK (AP) — Like a duck to water, bank stocks are taking to the idea that central banks will keep interest rates low. Shares of the country's six mega-banks were all up Friday afternoon. The biggest increases were at Bank of America and Morgan ... See all stories on this topic »

'Multinationals Shun Nigerian Banks Over High Interest Rates' AllAfrica.com Multinational companies operating in Nigeria now seek funds from their parent companies to fund their operations locally as a way of avoiding the high interest rate regime in the country, a report has shown. This, according to a report by FSDH ... See all stories on this topic »

After High Note for Euro Plan, Discord Emerges New York Times The point of the new bank program is to ease interest rates on the bonds of Spain and Italy, the third- and fourth-largest economies in the euro zone after Germany and France, by reducing investor speculation against the future of the euro itself. High ... See all stories on this topic »

MONEY MARKETS-Sub-zero depo rate bets linger but likely overdone Reuters LONDON, Sept 7 (Reuters) - Euro zone money markets still see a slim chance the European Central Bank could cut its deposit rate below zero in coming months but such moves could be overdone given doubts over its efficacy in spurring interbank lending. See all stories on this topic »

The Fed and the stock market; 3 experts weigh in Huffington Post Instead he thinks the Fed is almost certain – he gives it a 75 percent chance – of extending the period during which it will keep short-term interest rates near zero. Presently, the central bank says it expects to keep them there through late 2014 ... See all stories on this topic »