Interest Rates News
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Updated 28 minutes ago
The Canadian dollar declined to a two-month low versus its U.S. counterpart after the annual inflation rate fell in April to its slowest in more than three years, bolstering the case for lower interest rates.
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Updated 43 minutes ago
The pound fell against the dollar, extending a second weekly decline, as speculation the Federal Reserve is moving closer to ending stimulus boosted demand for the U.S. currency.
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Updated 42 minutes ago
Mexico’s economy grew less than analysts expected in the first quarter, fueling bets policy makers will cut interest rates again this year.
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Updated 1 hour, 10 minutes ago
Russia’s ruble bonds headed for their first weekly decline since March after the central bank kept interest rates on hold.
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Updated 34 minutes ago
Wells Fargo & Co., citing “new facts,” asked a judge to revoke the class-action status he bestowed on a suit by institutional investors who claimed the bank marketed a risky securities-lending program as safe.
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Updated 1 hour, 30 minutes ago
Russia’s economy grew at the weakest pace since 2009 in the first quarter as the euro area’s longest recession hurt demand for commodity exports and investment at companies including OAO Gazprom cooled.
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Updated 2 hours, 5 minutes ago
Canada’s annual inflation rate fell in April to its slowest in more than three years, taking it below the central bank’s target band and adding to evidence of growing slack in the world’s 11th largest economy.
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Updated 1 hour, 58 minutes ago
Turkey’s bonds rallied, sending yields to all-time lows, after Moody’s Investors Service raised the country to investment grade for the first time in two decades, fueling expectation of capital inflows. The lira weakened on speculation the central bank will cut rates.
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Updated 2 hours, 6 minutes ago
Serbia will start cutting its budget deficit this month, after the Cabinet adopts measures to save an equivalent to one percentage point of gross domestic product.
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Updated 1 hour, 54 minutes ago
Gold bears are dominant again after prices resumed their slump and billionaire George Soros joined investors selling holdings in exchange-traded products that have retreated to a two-year low.
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