Why Americans are struggling with car loans
There are more than 275 million cars on the road in the U.S. But in recent years, car ownership has gotten more expensive than ever — due to the Covid-19 …
Interest Rates
Gold prices to breach all-time highs, with some calling for $2,500
Sven Hoppe | Picture Alliance | Getty Images Gold prices are on track to rally to all-time highs in 2024 on the back of tapering interest rates, and looming recessionary …
High prices are still a problem
Gas station signboards display prices in Bethesda, Maryland on August 6, 2023. Mandel Ngan | AFP | Getty Images Thursday’s consumer price index report likely will show that the pace …
Banks told to increase rate – ARAB TIMES
This post has been read 501 times! KUWAIT CITY, Aug 9: The Central Bank of Kuwait has directed banks, after its recent decision to raise the discount rate by 0.25 …
Bank of Japan debated prospects of sustained inflation at July meeting
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images The Bank of Japan debated growing prospects of sustained inflation at their July meeting with …
How interest rates impact your money — from savings to mortgages
“It can be easy to think that the decisions made by central banks don’t impact the daily lives of normal people, however, the reality is they’re very much likely to,” …
Japan, India are Asia’s most expensive countries to send overseas workers
Japan’s salary and benefits packages for expats remained the highest in Asia, a new report has found. The average expatriate package in Japan costs employers $370,183, according to “MyExpatriate Market …
BOE governor Bailey cautious amid ‘unwelcome surprises’ in inflation
Bank of England Governor Andrew Bailey said Thursday that the central bank remains cautious in its battle to tame stubbornly high inflation as U.K. data continues to offer “unwelcome surprises.” Bailey told …
Australia’s central bank RBA leaves interest rates unchanged at 4.1%
A Sydney ferry passes the Opera House and skyline of the central business district area on May 12, 2020 in Sydney, Australia. James D. Morgan | Getty Images The Reserve …
Yearly rate increase is lowest since March 2021
Inflation showed further signs of cooling in June, according to a gauge released Friday that the Federal Reserve follows closely. The personal consumption expenditures price index excluding food and energy …