Australian lender Westpac to raise interest rates after cenbank hike
Tuesday, 6 June 2023 Top Australian lender Westpac Banking Corp (WBC.AX) said on Tuesday that it will raise its home loan variable interest rates by 25 basis points (bps), in line with the Reserve Bank of Australia's (RBA) rate hike. In a surprise move, the RBA raised interest rates by a quarter-point to an 11-year…
World Banks Say Economic Shocks , Have the Greatest Impact , on the Poorest Nations .
According to the World Bank,
the poorest countries in the world stand to
lose the most from a faltering global economy.
'The Guardian' reports that the Washington-based body
warned that the international...
Bank bosses have left Downing Street after a meeting with the Chancellor Jeremy Hunt to discuss the Bank of England’s decision to raise the interest rate to 5%. Speaking to reporters, Lloyds Bank..
Mortgage lenders have arrived at Downing Street ahead of talks with Chancellor Jeremy Hunt to discuss the Bank of England’s decision to raise the interest rate to 5%. Virgin Money's David Duffy,..
The Fed pause was a “trial balloon,” says David Morgan, founder of The Morgan Report. He expects the Fed to continue to hike rates, because higher interest rates make the U.S. dollar desirable as a..
Tuesday, 6 June 2023
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![Mortgage lenders arrive at Number 10 as interest rates rise [Video]](https://video.newsserve.net/300/v/20230623/1354479394-Mortgage-lenders-arrive-at-Number-10-as-interest.jpg)
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