The retirement fund organization Employees Provident Fund Organization (EPFO) on Saturday lowered the interest rate on the employees’ provident fund to 8.1% for 2021-2022, the lowest rate offered by the EPFO ​​since more than four decades, the Press Trust of India news agency reported citing sources. This is the lowestRead More →

LONDON–(BUSINESS WIRE)–February 7, 2022– Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of market data, technology and infrastructure, today announced that futures and options on the ICE SONIA Index, the benchmark contract to manage sterling interest rate risk hit a record single-day volume of 916,964 contracts on February 3,Read More →

Yesterday, the Bank of England raised interest rates for the second time in three months, to 0.5% from 0.25%. The decision came as the Bank warns that rising energy bills could push inflation to more than 7% by April. Warning that families face the biggest drop in their disposable incomeRead More →

Interest rate hikes are on the horizon as inflation in Canada continues to soar. Experts say consumers can expect a slight cooling in the housing market, continued high prices for food and other commodities, and possibly higher wages as well. The annual pace of inflation hit a three-decade high inRead More →

The yield on German 10-year government bonds moved into positive territory on Wednesday for the first time since 2019 according to the latest indications, the markets are not convinced that the ECB can maintain its position “lower for longer” on the interest rate. Continued inflationary pressures are undermining central bankRead More →

After much speculation, the central bank voted in December to raise the base rate to 0.25%, after holding back on fears over the strength of the jobs market. Any remaining labor market concerns were dismissed this morning, with data from the Office for National Statistics showing employment continuing to rise.Read More →

January 14, 2022 at 12:46 PM Have a newsroom tip, press release, local event listing or digital content to share? Send it here. Support our mission by visiting patreon.com/fl1 and become a monthly subscriber. Interest rates are expected to rise this year, and that will impact things like credit cardsRead More →

Tech companies led stock losses into another downward step for expensive growth stocks under threat of rising rates and inflation. Some corporate warnings about the negative impacts of the omicron coronavirus variant also soured sentiment. The Nasdaq 100 fell about 2%, while 10-year Treasury yields climbed to 1.8%. Lululemon AthleticaRead More →

/EIN News/ — SINGAPORE, Jan. 06, 2022 (GLOBE NEWSWIRE) — Cash Mart Singapore, a leading name in the lending industry, today announced that it acquired controlgreed.comone of the web’s premier financial resources for struggling individuals and families. Controlled Greed aims to inspire its readers to have stable finances and workRead More →

SINGAPORE, Jan 06, 2022 (GLOBE NEWSWIRE) – Cash Mart Singapore, a leading player in the lending industry, today announced that it acquired controlgreed.com, one of the Web’s main financial resources for individuals and families in difficulty. Controlled Greed aims to inspire its readers to have stable finances and to workRead More →

SINGAPORE, January 06, 2022 (GLOBE NEWSWIRE) – Cash Mart Singapore, a leading player in the lending industry, today announced the acquisition of controlgreed.com, one of the Web’s premier financial resources for individuals and families in difficulty. Controlled Greed aims to inspire its readers to have stable finances and to workRead More →

Lenders like banks, NBFCs and housing finance companies have created mortgage solutions specifically tailored to meet the needs of the self-employed. Just like with salaried mortgage borrowers, independent borrowers should also compare and research the best interest rate for their mortgage. Bank interest rates on mortgage loans are now linkedRead More →

Lenders give short-term loans and charge interest on the amount you borrow. Conduct a comparative study of any credible element list of lenders or provider registries can help you identify feasible options when seeking financial assistance. As with all financing options, selecting the most appropriate licensed and legally operating pawnshopRead More →

The decision on the six-month freeze from January was announced by the prime minister on Wednesday. Personal mortgage interest rates will be frozen at their end-October levels, which means February’s monthly payment will already be lower than previous ones, Viktor Orbán said. Domotor said about half a million Hungarians haveRead More →

OTTAWA – The federal banking regulator is keeping the interest rate used in a key stress test for uninsured mortgages on hold. The Office of the Superintendent of Financial Institutions said Friday that the minimum allowable rate for uninsured mortgages would remain the higher of the mortgage contract rate plusRead More →

OTTAWA – The federal banking regulator is keeping the interest rate used in a key stress test for uninsured mortgages on hold. The Office of the Superintendent of Financial Institutions said Friday that the minimum allowable rate for uninsured mortgages would remain the higher of the mortgage contract rate plusRead More →

Following the Bank of England’s (BoE) interest rate hike from 0.1% to 0.25%, many industry figures quickly reacted to the news. The Monetary Policy Committee voted eight to one to increase the rate following increased pressure from the International Monetary Fund (IMF). Kate Davies, executive director of IMLA, said theRead More →

Download this press release (PDF) Los Angeles-based company pledges not to market or manage securities lending at rates higher than those permitted by the California Fair Access to Credit Act SACRAMENTO – The California Department of Financial Protection and Innovation (DFPI) announced today that it has entered a new consentRead More →