Tag Archives: rates

Asian shares slip on lingering trade, U.S. rates worries

TOKYO (Reuters) – Asian shares slipped on Monday as worries over Sino-U.S. trade disputes, a possible slowdown in the Chinese economy and higher U.S. borrowing costs tempered optimism despite a rebound in global equities late last week. A man in a business building is reflected on an electronic stock quotation board outside a brokerage in Tokyo, Japan, October 11, 2018. ...

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U.S. banks profit from higher rates, more loans and lower costs

NEW YORK (Reuters) – Three of the largest U.S. lenders reported double-digit profit increases on Friday, helped by an expanding economy and lower taxes, and forecast more growth ahead as long as current trends continue. Banks benefited from strong loan demand in the latest quarter, with lending rates rising faster than funding costs, stock market activity boomed and the Trump ...

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JPMorgan profit rises 24.5 percent, helped by higher interest rates

(Reuters) – JPMorgan Chase & Co (JPM.N) reported a 24.5 percent jump in quarterly profit as higher interest rates and gains from tax cuts helped offset weakness in bond trading revenue. FILE PHOTO: A sign of JP Morgan Chase Bank is seen in front of their headquarters tower in Manhattan, New York, U.S., November 13, 2017. REUTERS/Amr Alfiky/File Photo The ...

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Wall St. extends slide with trade and rates in focus

(Reuters) – Wall Street indexes continued their slide in Thursday’s volatile session as investors worried about rising interest rates and braced for a trade war hit to corporate earnings a day ahead of the quarterly reporting season kickoff. In its sixth consecutive day of declines, the S&P closed down 2.1 percent after shedding 3 percent in Wednesday’s session. But at ...

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Call ’em crazy, but Fed officials likely to keep raising rates

WASHINGTON (Reuters) – A stock sell-off, rising trade tension with China, slower global growth and verbal pressure from the White House are unlikely to dent the U.S. Federal Reserve’s rate hike plans in an economy performing in line with the central bank’s forecasts. FILE PHOTO: Flags fly above the Federal Reserve building in Washington, DC, U.S., August 22, 2018. REUTERS/Chris ...

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Global stocks slide to three-month low on tech stocks plunge, rising U.S. interest rates

NEW YORK (Reuters) – Stocks on major world markets slid to a three-month low on Wednesday, with the benchmark S&P500 stock index falling more than 3.0 percent, its biggest one-day fall since February. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 3, 2018. REUTERS/Brendan McDermid Technology shares tumbled on fears of ...

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Fed’s Bullard warns of recession risk in raising rates

JACKSON HOLE, Wyo. (Reuters) – St. Louis Federal Reserve Bank President James Bullard on Friday raised new alarm bells over the U.S. central bank’s plan to keep raising interest rates, warning that even one more rate hike could set the stage for recession. FILE PHOTO: St. Louis Fed President James Bullard speaks about the U.S. economy during an interview in ...

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Fed officials suggest rates likely to rise soon, worry about trade war

WASHINGTON (Reuters) – Federal Reserve officials discussed raising interest rates soon to counter excessive economic strength but also examined how global trade disputes could batter businesses and households, minutes of the U.S. central bank’s last policy meeting showed. The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie The Fed, which released the readout from ...

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