Analysis: Interest Rates

Analysis-Billions for bar service? Fed bond buying now tied to service sector rebound

As U.S. housing starts surged in November to close in on 14-year highs, keeping builders and contractors on the job, consumer spending slumped and in particular the flow of people back to restaurants...

Indonesia central bank holds key rates at final meeting of 2020

Indonesia's central bank kept interest rates steady on Thursday, holding fire after cutting five times this year and launching quantitative easing, but pledged to use all its instruments going...

Philippine central bank holds rates steady but maintains dovish tone

MANILA -The Philippine central bank left key interest rates steady at its last policy meeting in 2020 after a series of rate cuts earlier in the year aimed at reviving a pandemic-hit economy, but...

UK must cut borrowing to avoid risks from new shock, higher rates - Sunak

British finance minister Rishi Sunak said he would tackle the country's coronavirus-inflated budget deficit because of the risks of a future shock to the economy and higher borrowing costs that could...

Fed vows to buy bonds until it sees 'substantial' economic progress

The Federal Reserve on Wednesday vowed to keep funneling cash into financial markets until the U.S. economic recovery is secure, a promise of long-term help that fell short of hopes of an immediate...

Philippine central bank seen holding rates steady after surprise cut

MANILA -The Philippine central bank is expected to hold interest rates steady on Thursday, awaiting further signals on whether it needs to provide more policy support to the country's pandemic-hit...

India's November retail inflation eases, RBI seen to hold on rates

India's retail inflation eased in November after holding above 7% for two straight months, but remained beyond the upper bound of the 2-6% target, meaning the central bank is likely to leave policy...

Indonesia central bank seen keeping rates at record low at 2020's final meeting - Reuters poll

Indonesia's central bank is expected to keep its key interest rate unchanged at the year's final policy meeting on Thursday, having cut five times and launched massive quantitative easing to fight the...

Bank of Canada reiterates it could cut rates further if COVID worsens

OTTAWA -The Bank of Canada could lower already record low interest rates if a second COVID-19 wave leads to more scarring, a senior official said on Thursday, though he later added such a move was...

ECB ups bond purchases and aid to banks to get through fresh recession

The European Central Bank eased policy once again on Thursday to help the euro zone economy cope with the second wave of the coronavirus pandemic, which is almost certain to plunge the bloc into yet...

Japan to sell over $1 trillion of new bonds as pandemic costs balloon - sources

Japan is likely to sell over $1 trillion of new government bonds this fiscal year to fund its huge stimulus packages, sources said, as the coronavirus crisis guts tax revenues and strains already...

Analysis: The next 'safe' asset? EU joint bond markets spring to life

The European Union's first debt sales for coronavirus support schemes have galvanised the once-sleepy trade in EU common bonds, the soaring daily volumes a promising sign for what could become an...

Enbridge forecasts higher 2021 core earnings on likely better volumes, rates

Canadian pipeline operator Enbridge Inc on Tuesday forecast higher core earnings in 2021 and raised its annual dividend, saying it expects to see volume on its Liquids Mainline System improve next...

Analysis: Second COVID-19 wave tests Turkey's commitment to austerity, higher rates

A surge in COVID-19 infections and the prospect of another economic downturn could sorely test Turkish President Tayyip Erdogan's reluctant acceptance of much higher interest rates and the need for...

RBI holds rates, says will ensure ample liquidity

The Reserve Bank of India kept its key interest rates steady as widely expected on Friday amid persistently high inflation but said it will ensure ample liquidity is provided to stressed sectors to...

Bank of England can cut rates below zero, Saunders says

The Bank of England can probably cut interest rates slightly below zero, and it should be ready to pump more stimulus into the economy quickly if needed to recover from the coronavirus crisis or a...

Lidl GB to return 100 million pounds of business rates relief

Lidl GB, the British arm of the German discount supermarket group, said on Friday it would refund over 100 million pounds of business rates relief received due to the COVID-19 pandemic to the...

UK supermarket Asda says will pay 340 million stg of business rates

Asda, the British supermarket arm of Walmart, said on Thursday it will pay business rates of 340 million pounds to the UK government and devolved administrations, waiving the COVID-19 tax relief it...

Britain's John Lewis won't return pandemic business rates relief

The John Lewis Partnership, owner of the eponymous department store chain and Waitrose supermarket, said on Thursday it had no plans to repay to government the business rates relief it has received...