Tag: Banking and credit
Turkey’s central bank keeps interest rate unchanged at 19%
ISTANBUL — Turkey’s central bank left its key benchmark interest rate unchanged at 19% on Thursday.
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US average mortgage rates mostly lower; 30-year at 2.93%
WASHINGTON — Mortgage rates were mostly lower this week as the economy continued to show signs of recovery from the pandemic recession and recent...
Iran presidential candidate urges better ties with West
TEHRAN, Iran — A prominent contender in Iran’s presidential election appealed Tuesday for better economic and political relations with the West, his most extensive...
Harris announces $1.25 billion for community lenders
WASHINGTON — Vice President Kamala Harris announced Tuesday that the Biden administration is distributing $1.25 billion to hundreds of community lenders in an effort...
Delicate task for Fed: When to pull back on low-rate support
WASHINGTON — With inflation rising in a fast-rebounding economy, the Federal Reserve is poised this week to discuss when it will take its first...
This Week: Retail sales, Fed policy update, Kroger earns
A look at some of the key business events and economic indicators upcoming this week:
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Lebanese hospitals warn of dangerous shortages in supplies
BEIRUT — Hospitals in Lebanon warned Thursday they may be forced to suspend kidney dialysis next week amid severe shortages in supplies, the latest...
Leak of billionaires’ tax data draws GOP outcry over privacy
WASHINGTON — Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal...
Europe’s stimulus likely to keep running as economies reopen
FRANKFURT, Germany — The European Central Bank is expected to leave its stimulus efforts running at full steam Thursday — even as the economy...
EU launches proceedings over top German court’s ECB ruling
BERLIN — The European Union on Wednesday launched proceedings against Germany over a ruling by the top German court last year on a European...
