The main indices of Wall Street rose on Wednesday, helped by bets that the Federal Reserve (FED) has reached the end of its rises interest rates and a drop in longer-dated Treasury yields as traders evaluated the latest batch of economic data. At 1501 GMT, the Dow Jones Industrial Average gained 87.71 points, or 0.25%, […]
Tag: interest rate
Banco de México maintains the interest rate unchanged at 11.25% for the fifth time
He Bank of Mexico (Banxico) remained unchanged this Thursday, for the fifth consecutive time, the interest rate at 11.25%, the highest level in its history, announcing that it will still have to keep it that way “for a certain time”. In its announcement, which was within market expectations, the central bank “recognized that the disinflationary […]
New bank loans in China fall in July and credit growth falls further
new bank loans China fell in July and other key indicators of the credit they also weakened, despite currency leaders cutting interest rates and pledging more support for the faltering economy. Chinese banks made 345.9 billion yuan ($47.8 billion) in new yuan loans in July, an 89% drop from June and the lowest level since […]
BIS says central banks should raise interest rates further
He Bank for International Settlements (BIS) considers that the central banks they must raise their interest rates more to fight against the high inflation and that they should be left elevated for longer than the public and the investors are waiting. The BIS said in its annual economic report, published on Sunday, that “the inflation […]
Banco de la Nación grants loans of up to almost S/100,000 with a promotional rate: who can access it?
The Banco de la Nación is granting Multi-Network Loans of up to almost S/100,000 with promotional interest rates. Through a statement, the bank indicated that the service will last until June 15. Who can access? Which are the requirements? Is there fee interest? HERE we tell you. Who can access the Banco de la Nación […]
The Bank of Mexico maintains the interest rate at 11.25% and breaks its streak of increases
The Bank of Mexico (Banxico) this Thursday kept the interest rate unchanged at 11.25%the highest level in its history, in a decision that broke with fifteen consecutive increases given the high levels of inflation. In its announcement, the central bank “He considered that a phase of disinflation has been entered due to the fact that […]
CTS 2023: which banks or savings banks pay you the most interest for saving your money?
In these days of May, thousands of workers they begin to receive Compensation and Time for Services (CTS) in their bank accounts. Due to Law No. 31480, approved in June 2022, the employees have the availability to withdraw this extra money until the end of 2023. However, if you are one of those who plan […]
Argentina raises the interest rate to 81% to stop the exchange rate
He Central Bank of the Argentine Republic (BCRA) announced this Thursday a new rise in the reference interest rate -for the second consecutive month-, from 78 to 81%, amid the escalation in the informal price of the dollar and the scenario of very high inflation that the country is dragging of soybeans. The board of […]
MEF evaluates subsidizing the mortgage loans of families living in ravines
The Minister of Economy and Finance, Alex Contrerasreported that the Peruvian Government is considering subsidizing the interest rates applied to families located in ravines and emergency areas, so that they can access mortgage loans in safe areas of the city. In a dialogue with TV Peru, the head of the MEF maintained that this and […]
What banks and savings banks offer personal loans with the lowest rates this 2023?
As the school year begins, many parents are struggling to cover the expenses for supplies, tuition, uniforms, pensions, among others. Given this need, this group of people should know the amount offered by financial institutions regulated by the Superintendency of Banking, Insurance and AFP (SBS). for personal loans and their respective interest ratebefore deciding to […]