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uk inflation surprise renews talk of interest rate increase


inflation in britain spiked up to 2.9 percent in the year to august, official figures showed tuesday, in a development that has stoked speculation the bank of england may raise interest rates sooner than expected regardless of how the country's brexit discussions shape up.






uk inflation surprise renews talk of interest rate increase


inflation in britain spiked up to 2.9 percent in the year to august, official figures showed tuesday, in a development that has stoked speculation the bank of england may raise interest rates sooner than expected regardless of how the country's brexit discussions shape up in coming months.






mexico raises key interest rate to 7 pct to combat inflation


mexico's central bank has raised its benchmark interest rate a quarter-point to 7 percent in an effort to limit inflation.






china raises short-term interest rate follow us increase


china's central bank has raised the interest rate on short-term lending to banks but left its benchmark rate unchanged following the u.s. increase.






what the fed's interest rate increase means for you: 6 things to know


the federal reserve raised interest rates by a quarter-point wednesday in a widely expected move. although there have been two other quarter-point interest rate increases since the great recession, the rate tinkering has been so limited that people likely haven't noticed. now, however, the federal...






yellen says fed watching slowdown in inflation


federal reserve chair janet yellen raised the possibility wednesday that the fed would consider slowing the pace of its interest rate increases if inflation remained persistently below its target level.






china raises short-term interest rate follow us increase


china's central bank raised short-term interest rates thursday following the u.s. rate increase as beijing tries to shore up the value of its currency and stanch an outflow of money.






mexico raises benchmark interest rate to 6.50 percent


mexico's central bank says it has raised its benchmark interest rate by a half-point to 6.50 percent, in a bid to contain rising inflation.






what the fed's interest rate increase means for you: 6 things to know


the federal reserve raised interest rates by a quarter-point today in a widely expected move. for the first time since the great recession, the central bank sounds serious about raising interest rates, and additional rate hikes are possible this year and into 2018. the next opportunity for the...






what the fed's interest rate increase means for you: 6 things to know


the federal reserve raised interest rates by a quarter-point today in a widely expected move.for the first time since the great recession, the central bank sounds serious about raising interest rates, and additional rate hikes are possible this year and into 2018. the next opportunity for the fed...






fed hikes key interest rate and readies plan to reduce assets in validation of e


federal reserve policymakers on wednesday enacted their third small hike in a key interest rate in six months, and they signaled another rate increase to come by the end of the year. the latest move was widely expected by investors and reflected the central bank’s confidence that the labor market...






british central bank: consumers squeezed by inflation


london (ap) — the bank of england says a rise in inflation driven by the market turmoil over brexit is starting to hurt consumers, weakening growth and pushing the central bank to keep its interest rates at record lows. the bank on thursday kept its main interest rate at 0.25 percent as it noted that […]






fed hikes key interest rate and readies plan to reduce assets in validation of e


federal reserve policymakers on wednesday enacted their third small hike in a key interest rate in six months, a move that will push it above 1% for the first time since the 2008 financial crisis. the 0.25 percentage point increase in the federal funds rate, which was widely expected by financial...






china raises short-term interest rate follow us increase


beijing (ap) — china’s central bank has raised the interest rate on short-term lending to banks but left its benchmark rate unchanged following the u.s. increase. the people’s bank of china on thursday increased the rate for its six-month and one-year medium-term lending facility and open-market repurchase operations by 0.1 percent. the benchmark one-year commercial […]






federal reserve raises key interest rate, indicates two more hikes this year


amid solid job growth and rising inflation, federal reserve officials on wednesday nudged up a key interest rate for the second time in three months and signaled two more hikes were coming this year. after a two-day meeting, members of the policymaking federal open market committee voted 9-1 to...






china raises short-term interest rate follow us increase


beijing (ap) — china’s central bank raised short-term interest rates thursday following the u.s. rate increase as beijing tries to shore up the value of its currency and stanch an outflow of money. the people’s bank of china raised the rate for its six-month and one-year medium-term lending facility and open-market repurchase operations by 0.1 […]






british inflation rate rises to 4-year high as brexit bites


the inflation rate in britain has risen to its highest level in four years, as the drop in the pound since the brexit vote pushes up the cost of living.






bank of england chief downplays chance of interest rate hike


bank of england governor mark carney is downplaying the possibility of an interest rate increase amid the uncertainty wrought by britain's pending departure from the european union.






japan’s central bank holds steady on interest rate, stimulus


tokyo (ap) — japan’s central bank has opted to keep its monetary policy steady, as the u.s. federal reserve and european central bank move toward tightening. the bank of japan ended a policy meeting on thursday by keeping the minus 0.1 percent benchmark interest rate unchanged while working toward a 2 percent inflation rate target. […]






japan’s central bank holds steady on interest rate, stimulus


tokyo (ap) — japan’s central bank opted thursday to keep its monetary policy steady, as the u.s. federal reserve tightens and european central bank edges in that direction. the bank of japan ended a policy meeting by keeping the minus 0.1 percent benchmark interest rate unchanged while working toward a 2 percent inflation rate target. […]






uk central bank surprises with split decision on rate hike


the bank of england is closer to raising interest rates for the first time in 10 years than many had expected, with a growing number of its rate-setters appearing worried about a spike in inflation that is eating into the living standards of the british.






fed officials indicate another interest rate hike could come 'fairly soon'


federal reserve policymakers said at their latest meeting that another small hike in a key interest rate could come "fairly soon," opening the door a bit wider to an increase next month, according to minutes of the meeting released wednesday. fed officials reiterated their "considerable uncertainty"...






china raises short-term interest rates after us increase


china's central bank raised short-term interest rates thursday following the u.s. rate increase as beijing tries to shore up the value of its currency and stanch an outflow of money.






average u.s. 30-year mortgage rate rises to 4.30 percent


long-term u.s. mortgage rates rose this week for a second straight week, posting new highs for the year. the markets were anticipating an increase in a key interest rate by the federal reserve, which the fed announced wednesday. mortgage buyer freddie mac says the rate on 30-year, fixed-rate loans...






why did fed's neel kashkari oppose a rate hike? the economy's not ready for it,


neel kashkari, the only federal reserve policymaker to vote against an interest rate hike this week, said he balked because the economy’s not ready for it. the president of the fed’s minneapolis regional bank, explained in an essay friday that inflation still hasn’t hit the central bank’s 2% annual...






china raises short-term interest rates after us increase


beijing (ap) — china’s central bank raised short-term interest rates thursday following the u.s. rate increase as beijing tries to shore up the value of its currency and stanch an outflow of money. the people’s bank of china raised the rate for its six-month and one-year medium-term lending facility and open-market repurchase operations by 0.1 […]






average u.s. 30-year mortgage rate rises to year-high 4.21%


long-term u.s. mortgage rates rose this week, marking new highs for the year. an increase in a key interest rate is expected by the federal reserve next week, propelled by signs of strength in the economy. mortgage buyer freddie mac said thursday the rate on 30-year, fixed-rate loans climbed to...






consumer spending growth slows as rising inflation hits americans' purchasing po


growth in consumer spending slowed in january despite a solid increase in incomes as rising prices hurt americans’ buying power. the annual inflation rate rose to 1.9%, its highest level since 2012 and close to the federal reserve’s target, the commerce department said wednesday. the data boosted...






metro denver inflation rate continues climbing in 2017, hitting highest level si


a jump in housing costs and gasoline prices helped push up the metro area's inflation rate to 3.1 percent in the first half of the year, the highest level since 2011.






uk central bank divided over whether to raise interest rates


london (ap) — the bank of england has decided to keep its main interest rate at a record low of 0.25 percent as the economy weakens ahead of britain’s departure from the european union. but the decision was split, with three of the bank’s eight policymakers surprisingly voting for a rate increase. with growth slowing, […]






average us 30-year mortgage rate rises to 4.30 percent


washington (ap) — long-term u.s. mortgage rates rose this week for a second straight week, posting new highs for the year. the markets were anticipating an increase in a key interest rate by the federal reserve, which the fed announced wednesday. mortgage buyer freddie mac says the rate on 30-year, fixed-rate loans climbed to 4.30 […]






consumer spending growth slows as rising inflation hits americans’ purchasing po


washington — growth in consumer spending slowed in january despite a solid increase in incomes as rising prices hurt americans’ buying power. the annual inflation rate rose to 1.9 percent, its highest level since 2012 and close to the federal reserve’s target, the commerce department sai...






uk central bank surprises with split decision on rate hike


london (ap) — the bank of england is closer to raising interest rates for the first time in 10 years than many had expected, with a growing number of its rate-setters appearing worried about a spike in inflation that is eating into the living standards of the british. at its latest policy meeting thursday, the […]






average us 30-year mortgage rate rises to year-high 4.21 pct


washington (ap) — long-term u.s. mortgage rates rose this week, marking new highs for the year. an increase in a key interest rate is expected by the federal reserve next week, propelled by signs of strength in the economy. mortgage buyer freddie mac says the rate on 30-year, fixed-rate loans climbed to 4.21 percent from […]






pound jumps on carney remarks about timing of rate hike


the battered british pound rose sharply after the head of the bank of england made remarks that could be seen as bringing an interest-rate increase closer.