Subprime car-loan rates are hitting 17%-22%. Should investors be worried?
Many borrowers with subprime credit have been paying 17% to 22% rates on new auto loans this year as the Federal Reserve’s inflation fight
No ‘big opening’ for rate cuts in central Europe, IMF says
By Gergely Szakacs BUDAPEST (Reuters) – Central Europe’s central banks should maintain a tight monetary stance for a “considerable time” to ensure inflation is
10, 30-year yields post biggest one-day jumps in over a week after September CPI report
Treasury yields broadly jumped on Thursday after hotter-than-expected headline inflation from the September consumer-price index had traders boosting the chances of a December rate
Czech lawmakers back government’s $6.5 billion deficit-cutting plan
PRAGUE (Reuters) – Czech lower house lawmakers approved on Friday the centre-right government’s 151 billion crown ($6.47 billion) package of spending cuts and tax
Dow Jones snaps 4-day winning streak as Treasury yields climb after inflation data
U.S. stock indexes finished lower on Thursday to end a four-session winning streak as rising Treasury yields continued to pressure equities after data showed
India’s state-run banks to lower bond purchases as liquidity tightens – treasurers
By Dharamraj Dhutia MUMBAI (Reuters) – India’s state-owned banks will slow government bond purchases in the weeks ahead as banking system liquidity tightens, treasury
China’s consumer prices remain flat in September, below expectations
China’s headline inflation was flat in September, weighed by a steep drop in pork and vegetable prices as well as high base effects. The
China’s trade slump eases, boosting recovery hopes, but challenges persist
By Joe Cash, Liangping Gao and Ellen Zhang BEIJING (Reuters) – China released a mixed batch of economic data on Friday showing a slump
Iran’s $6 billion won’t be released under U.S.-Qatar deal
Iran won’t be able to access a $6 billion account for humanitarian aid under an agreement between the U.S. and Qatar, reports said Thursday.
Futures slip as investors digest big bank earnings
By Shashwat Chauhan and Ankika Biswas (Reuters) -Futures tracking Wall Street’s main indexes fell on Friday as investors assessed earnings from big U.S. banks,
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