Tag Archives: interest

Federal Reserve officials saw June interest rate hike unlikely: minutes

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WASHINGTON – U.S. Federal Reserve officials believed it might be premature to raise interest rates in June and that a bump in inflation had been offset by a weaker labour market and softer data, according to minutes in the central bank\’s April policy meeting. \”Many participants, however, thought it unlikely that the data obtainable in June provides sufficient confirmation the ...

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Interest rate hike coming this year, Fed chair Janet Yellen says in upbeat speech

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Federal Reserve Chair Janet Yellen said she still expects to boost interest rates this year if the economy meets her forecasts, having a gradual pace of tightening to follow along with. The DIY investor\’s help guide to portfolio building It\’s hard enough for the experts to manage a stock portfolio let alone a novice, so most do-it-yourself investors should consider ...

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Low-interest investments are now an opportunity for fraudsters, says Quebec securities regulator

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MONTREAL – The head of Quebec’s financial regulator says the current low-interest environment causes an increase in fraud risk as investors search for higher margins. “Ten years ago, scammers could attract people by promising 20 percent interest, for instance. In today’s world with a very low rate of interest, you can be promised three per cent and it could be ...

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Chances of Bank of Canada interest rate cut sit at 35%, says RBC’s Eric Lascelles

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Chances the Bank of Canada will cut interest rates in the next couple of months are about one in three as a weaker currency does not boost exports and companies continue to grapple with lower oil prices, according to Eric Lascelles. Loonie overvalued by 10%, dragging on Canadian growth: CIBC CIBC World Markets says the loonie continues to be overvalued ...

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