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Interest rates News

Op-Ed: Claims UK jobless total is falling sparks interest rate rise fear

London - News that unemployment in the UK is apparently falling is a mixed blessing. The Office of National Statistics, ONS, reports the jobless rate is down for the third quarter in a row to 7.6 percent, the lowest since 2009.
In the Media by Eileen Kersey - 7 comments

Op-Ed: Interest rates should be determined by market, not central banks

Washington - Since the collapse of the United States economy at the height of the Great Recession in 2007 and 2008, consumers and governments have given interest rates a bad reputation. Is it wrong to blame them?
In the Media by Andrew Moran - 2 comments

Op-Ed: Global banks are rate rigging in Singapore

The Monetary Authority of Singapore censured banks for trying to rig benchmark interest rates. Many important, global banks are involved, but the consequences are insignificant.
In the Media by Monty Spivak

Canadian debt to income ratio reaches new record high

Ottawa - Last quarter, the Canadian household debt ratio to disposable income rose to 165% slightly above the already alarming ratio of 164.7% the previous quarter.
In the Media by Ken Hanly - 1 comment

Op-Ed: Can Islamic Finance save us from the Banksters?

The governments of the world lurch from crisis to crisis as they try to prop up the corrupt, debt-based money system, but there is a positive alternative if they have the courage to take it.
In the Media by Alexander Baron - 1 comment

Op-Ed: Canadians increase debt by six percent in fourth quarter of 2012

Ottawa - A report issued in December 2012 indicated that the overall debt of Canadians had increased by 164 percent. A report released by TransUnion says that the personal debt load, not including mortgages,increased by six percent in the fourth quarter of 2012.
In the Media by Karl Gotthardt - 2 comments

Mark Carney: Interest rate hike warnings being heard by Canadians Special

Toronto - Bank of Canada Governor Mark Carney delivered a speech to the Toronto CFA Society where he discussed guidance of central bank policies. Carney stressed the importance of transparency in monetary policy and the market’s response to the interest rates.
Digital Journal Report by Andrew Moran

Australian Central Bank lowers interest rates to boost economy

Canberra - The Reserve Bank of Australia has lowered its interest rate from 3.25% to 3% to help bolster the economy. This is the lowest interest rate level since 2009
In the Media by Ken Hanly - 1 comment

Op-Ed: Voodoo Economics at the Bank of England

London - The Governor of the Bank of England is paid a salary of over £300,000. For that sort of money, it might be expected he gets things right occasionally. Alas...
In the Media by Alexander Baron - 1 comment

Canadian housing market may be unattainable for young adults

According to a new study by RBC Bank, the Canadian housing market could be facing some major challenges in 2013 if interest rates begin to rise. For young adults these rates and the overall costs may be a factor for living with mom and dad.
In the Media by KJ Mullins - 8 comments
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UK Inflation rises to highest levels in 20 years

February Inflation figures The cost of living has risen sharply again this month in the UK. Figures released this...
Mar 22, 2011 by Kev Hedges


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