This week, company users of telecommunications Movistar reported that the operator will increase its mobile line rates by up to S/6 as of June 23. This communication from the company usually occurs periodically and many times the customersDue to ignorance, they end up accepting the new conditions imposed without taking any action. Although the rate […]
Tag: rate hike
Movistar will increase its mobile line rates by up to S/6
Users of the Movistar company reported that the operator will increase the rates of your mobile line. According to the company’s announcement, via text messages, the price increase will take place from June 26. Movistar announces rate increase via SMS. Photo: diffusion progressive rise Movistar was able to confirm this news to La República and […]
Fed will pause in June and could raise rates in July after employment data, according to survey
Federal Reserve policymakers are likely to keep interest rates unchanged when they meet this month, but will leave the door open for a hike in July, following a government report that showed employment rose in May but wage gains cooled. Traders now see a one in three chance that the Fed will raise rates for […]
ECB increases its rates by 0.50 points despite banking turmoil
The European Central Bank (ECB) again increased its main interest rates by 0.50 percentage points this Thursday, to combat inflation, judging that the banks in the euro zone are solid and “resilient” despite the turbulence affecting the sector. However, the guardians of the euro were prudent and did not allude, as they had done up […]
US: Fed’s Bullard Sees Rate Hike Now, Assess Situation Later
Saint Louis Federal Reserve (Fed) President James Bullard declared that he is in favor of raising interest rates at the US central bank meeting in March and probably again in May. However, he opposed the idea of starting the tightening cycle with a half percentage point hike, saying the level the Fed will ultimately need […]
BofA: don’t buy on the first rate hike, expect capitulation
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Updated on 12/18/2021 04:33 am The old stock market adage to buy on the first rate hike and sell on the penultimate rate hike could go wrong this time as inflation is out of control, according to Bank of America Corp. “Little cracks” were showing up in megacap tech stocks, the epicenter of a 13-year […]