Bank of Canada cuts benchmark interest rate by 25 bps, as Trump ratchets up tariffs – Yahoo Canada Finance
A new Canadian bank survey shows households and businesses hope that trade tensions with the US will lead to higher prices, lower job security, slower sales, and more cautious spending. The Canadian central bank says the investigation was conducted between January 29th and February 28th, reflecting a widespread US tariff of 25% and the threat […]
Gold (XAU) Silver (XAG) Daily Forecast: Can Gold Hold $2,900 as Fed Rate Cut Bets Rise? – FX Empire
“The uncertainty surrounding tariffs and the potential impact on global trade have strengthened the appeal of gold's safe haven,” said ANZ senior product strategist. The upcoming US Consumer Price Index (CPI) report is expected to offer further direction as it closely looks at inflation trends and the Fed's policy stance. As the dollar strengthens, silver […]
Luna and Ocasio-Cortez push credit card interest rate cap
In the seemingly singular bipartisan alliance, Anna Paulina Luna, members of the Conservative Freedom Council, R-FLA, and Alexandria Ocasio-Cortez, DN.Y. “The annual rate applicable to extensions of credit earned through credit card usage cannot exceed 10% points, including all financial fees,” the proposal provides. In response to a post by Luna and her left-leaning compatriot, […]
China Considers Premarital Fertility Tests to Fight Birth Rate Collapse
Members of the National Congress of China (NPC), which launched this week's annual session, are considering encouraging couples to take fertility tests before getting married within other policies to boost the national fertility rate, state media reported Thursday. National Global Times It is listed This week, there are several suggestions that have emerged in NPCs […]
US Dollar takes yet again another hit with ECB's hawkish rate cut and revises 2025 inflation forecast to the upside – FXStreet
The US dollar remains stuck in the backfoot and cannot recover against its main ally. ECB Lagarde supports the concern by saying that the ECB must be vigilant and prompt to act in any circumstances. The US dollar index has already lost more than 3% of its previous value this week. The US Dollar Index […]
Federal judge blocks NIH from implementing 15% indirect cost rate for grants
A federal judge blocked the National Institutes of Health from implementing policies to suppress how much it pays for indirect costs associated with grants. Last month, NIH announced plans to set a 15% rate nationwide. “The United States needs to do the best medical research in the world. Therefore, it is important to ensure that […]
BoJ’s Uchida: Don't have a preset idea in mind on the pace of future rate hikes – FXStreet
The Lieutenant Governor of the Bank of Japan (BOJ) said on Wednesday that I “do not have pre-set ideas in mind as to the pace of future rate hikes.” More comments Do not keep preset ideas in mind when it comes to the pace of your future rate hikes. It's not that fees will be […]
Genworth proposes rate hikes up to 233% for Maine policyholders – WGME
Augusta, Maine – Long-term care insurance company Genworth has proposed a significant interest rate hike for policyholders in Maine, offering an incredible 233% increase from a staggering 1.8%. According to the state's health department, about half, or about 1,200 individuals, could face a maximum increase of 233%, due to the impact of these proposed hikes. […]
Cuba’s Population Falls Under 10 Million Thanks to Birth Rate Collapse, Emigration — over 25% Are Age 60+
Over the weekend, Cuban Communist regime admitted that fewer than 10 million Cubans live in the country after the island nation lost more than 300,000 residents in 2024. The lowest The fertility rate recorded in Cuba over the past 60 years. Juan Carlos Alfonso Fraga, deputy chief of Cuba's National Statistics and Information Agency (ONEI), […]
Is 4.99% home loan rate as good as it gets? – RNZ
ASB has reduced many of its fixed-located mortgage fees in its fourth cut this year. photograph: RNZ / Marika Khabazi ASB is the latest bank offering mortgage rates below 5%, but is it as good as 4.99% to win this cycle? The bank said it had lowered many of its fixed home lending rates on […]