Tag Archives: rates

Bullard: U.S. monetary policy at a ‘crossroads,’ rates appropriate

FILE PHOTO – St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS/Edgar Su INDIANAPOLIS (Reuters) – U.S. monetary policy is at a “turning point,” St. Louis Federal Reserve bank president James Bullard said on Friday, as the Fed balances the behavior of inflation, the economy, and the rate hikes it ...

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GM says it favors fuel-efficiency rules based on historic rates

FILE PHOTO: Highway traffic travels into Los Angeles, California, U.S., March 29, 2017. REUTERS/Mike Blake/File Photo WASHINGTON (Reuters) – General Motors Co (GM.N) said it favors an annual increase in fuel-efficiency standards based on “historic rates” rather than tough Obama era rules or a Trump administration proposal that would freeze requirements. In a federal filing made public on Monday, the ...

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Chancellor plans High Street rates relief

Image copyright Getty Images Image caption Former High Street shops could be turned into housing under the chancellor’s plan Chancellor Philip Hammond is set to announce a £1.5bn lifeline to small High Street retailers in the Budget. The financial package will include £900m in business rates relief for nearly 500,000 small businesses and a pot of £650m to rejuvenate high ...

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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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