The new analysis from the Federal Reserve reviewed local economies whose industries were most vulnerable to competition from foreign imports... READ MORE›
Counterintuitively, while the central bank is less worried about high-ratio loans, it is getting more worried about low-ratio ones... READ MORE›
On Thursday, the People's Bank of China and China Banking Regulatory Commission held a meeting to call for the regulation and rectification of online micro loans... READ MORE›
After accounting for hedging costs, 10-year Treasuries yield about 0.9 percent, roughly 10 times the return offered by Japanese government bonds... READ MORE›
For the first time since 2006, 37 percent of households said they expect their personal finances to improve in 2017... READ MORE›
Libya's daily oil production before the 2011 uprising stood at 1.6 million barrels... READ MORE›
You have to become more cautious, said Daniel Genter, who oversees about 4.2 billion as chief executive officer at Los Angeles-based RNC Genter Capital Management... READ MORE›
Mortgage carrying costs to rise 8 percent for new buyers next year, Scotiabank says... READ MORE›
The exodus has driven up Libor rates as banks and other corporate entities compete to replace the lost funding... READ MORE›
Further intensifying the squeeze is a rising cost of living, with electricity prices climbing as much as 20 percent in New South Wales state next month... READ MORE›
UK interest rates have been held at 0.5 again by the Bank of England's Monetary Policy Committee MPC ... READ MORE›
Bank of England governor Mark Carney indicates that UK interest rates could rise at the turn of this year ... READ MORE›
Whether or not central bank lifts interest rates, the impact of a rise is already in the market... READ MORE›
The targets for inflation and reduction in unemployment were on track, the Fed said in a statement... READ MORE›
Bank of England policymaker Kristin Forbes warns that keeping interest rates low for too long could harm the UK's economy... READ MORE›
It added that China's current muted consumer inflation and falling market interest rates provided a window for the country to liberalize its deposit rates... READ MORE›
But the nature of financial intermediation has shifted sharply away from bank funding to bond markets... READ MORE›
Another problem for smaller borrowers There are almost no new banks... READ MORE›
On Thursday, European Central Bank chief Mario Draghi announced a gargantuan stimulus and economic funding package to help mend Europe's banking system... READ MORE›
The November jobs report has apparently sealed the deal for a Fed interest rate hike later this month... READ MORE›
Kansas City Fed President Esther George, Cleveland's Loretta Mester and Eric Rosengren of Boston dissented at the meeting in favor of higher rates... READ MORE›
Related Stories UK interest rates have been held at a record low of 0... READ MORE›
A recent presentation by Peter Praet, the ECB's chief economist, illustrated just how badly the eurozone has performed since the financial crisis... READ MORE›
Neither monetary policy nor the financial sector is doing what it's supposed to do... READ MORE›
Brent for December settlement dropped 1.4 percent to 52.41 a barrel on the London-based ICE Futures Europe exchange... READ MORE›
The central bank trimmed its outlook for growth this year to 1.1 per cent, from the 1.3 per cent it had forecast in July... READ MORE›
Bank of Canada holds interest rate steady but sees 'substantial rebound' for rest of 2016... READ MORE›
This has instantly shaved 1.14 trillion off Bank of America's Global Broad Market Index... READ MORE›
Prospective homebuyers should think twice about their homebuying budget as interest rates climb, Taylor says... READ MORE›
Home Capital accounts for just 1 percent of the Canadian mortgage market... READ MORE›
The 440 billion Danish mortgage bond market is more than 200 years old, and legend has it there's never been a single default... READ MORE›
But her focus on domestic economic developments looked beyond recent market turbulence over Greece and China and keeps the Fed's plans on track... READ MORE›
Losses on risky subprime loans rose to 8.35 percent in August, the highest since 2010... READ MORE›
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