Analysis: Interest Rates

UK to cut business rates for smaller pubs by £1,000

Britain said it would cut business rates for small pubs by £1,000 from April, giving extra help to pubs as part of a wider package aimed at ensuring shops, cinemas and cafes can survive in local high...

BOJ's Kuroda says Japan economy likely contracted fourth-quarter last year on typhoons

Bank of Japan Governor Haruhiko Kuroda said on Friday the economy likely suffered a contraction in the final quarter of last year, largely due to the hit to factory output from a string of typhoons...

Dollar up vs euro as ECB holds rates steady, launches review

The dollar rose against the euro on Thursday after the European Central Bank held interest rates steady and launched a broad review of its policy that was likely to see new President Christine Lagarde...

Deutsche CEO calls on ECB to end negative rates to curb inequality

The European Central Bank must ditch negative interest rates because they are increasing inequality and damaging society, Deutsche Bank Chief Executive Christian Sewing said....

Trump says Fed raising rates was a mistake: CNBC

The United States' economy would be growing at a pace near 4% if wasn't for the lingering effect of Federal Reserve rate hikes, President Donald Trump told CNBC in an interview on Wednesday.

China central bank curbs rates on structured deposits to coax banks to lower lending rates - sources

China's central bank has moved to curb interest rates on high-yield structured deposits, three sources familiar with matter told Reuters, as regulators seek to guide the country's borrowing costs...

Morgan Stanley shares soar after Gorman boosts performance targets

Morgan Stanley lifted its performance goals on Thursday after beating Wall Street estimates by a wide margin, the latest sign that Chief Executive James Gorman's strategic vision for the bank is...

BNY Mellon profit falls short on lower interest rates

Bank of New York Mellon Corp missed analysts' estimates for quarterly profit on Thursday, as the world's largest custodian bank earned less from its interest-earning assets due to rate cuts by the...

Euro zone banks earn more from lending despite moans over negative rates

The ECB cut its deposit rate to minus 0.5% in September but has long argued that banks are net beneficiaries of its super-easy policy as higher lending volumes more than offset the drag from low...

Low rates bruise Bank of America profits into 2020

Bank of America Corp got stung by lower interest rates in the fourth quarter, sending its profit down 4%, a trend that management expects to continue this year.

China central bank injects $58 billion of loans but keeps rates steady

China's central bank extended fresh short- and medium-term loans on Wednesday but kept the borrowing cost unchanged, as it seeks to maintain adequate liquidity in a slowing economy and ease a...

Argentine bonds drop after Buenos Aires province seeks payment extension

Buenos Aires bonds added to recent losses on Tuesday after the province asked holders for an extension on a more than $250 million payment due later this month, dragging Argentina's debt lower as...

JPMorgan posts record annual profit as bond trading rebounds

JPMorgan Chase & Co posted its biggest-ever annual profit on Tuesday as its bond trading business bounced back in the last three months of the year, setting an upbeat tone for the big U.S. banks...

Kenya's first green bond starts trading on the bourse

Kenya's first green bond was listed for trading on the Nairobi Securities Exchange on Monday, offering investors the chance to put money into an environmentally-friendly fixed income security for the...

Fed's Kaplan says rates 'appropriate,' flags balance sheet concern

The Federal Reserve has interest rates just about where they need to be to keep the U.S. economy growing, push down on unemployment and coax inflation back up to 2%, Dallas Federal Reserve Bank...

Carney says BoE could cut interest rates if weakness persists

Bank of England Governor Mark Carney said on Thursday that the central bank could cut interest rates if it looks like weakness in the economy will persist.

Fed's Williams says it is important to keep 2% inflation target amid low rates - WSJ

New York Fed President John Williams said on Sunday that it was important for the U.S. Federal Reserve to stick to its 2% inflation target and achieve it even as low global interest rates will likely...

Fed policymakers agree rates on hold for 'a time'

U.S. Federal Reserve policymakers agreed in their final policy meeting of 2019 that interest rates were likely to stay on hold for a time as the central bank set its sights on a new articulation of...

ECB's Holzmann: Return to positive interest rates in 2020 unlikely

European Central Bank policymaker Robert Holzmann said the bank was unlikely to be in a position to lift interest rates back into positive territory in 2020, with Brexit likely to be a renewed source...