Tag: Interest rates
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Rising interest rates have a sting in the tail for Europe’s banks
Rising borrowing costs are giving a long-awaited lift to Europe's beleaguered banks, but they come with a sting in the tail.
Last year central banks...
Central banks ramp up rates again but the pace slows
Central banks in Britain, Norway, Switzerland, the euro zone and the United States have all raised interest rates this week.
Many have slowed the pace...
ECB likely to keep raising rates beyond 2% level, says French central bank chief
The European Central Bank (ECB) will probably continue to raise interest rates beyond 2%, but "jumbo" rate hikes will not become a new habit,...
ECB must keep raising rates even if recession risks rise, Lagarde says
The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession has increased,...
UK property: Banks to tighten mortgage lending in 2023 amid rising interest rates
Banks are expected to tighten mortgage lending for UK property as they battle higher interest rates, a riskier economic outlook, and volatility in the...
