Tags » Interest Rates

European Commission Fines Banking Cartel $120 Million

The European Commission levied a $120 million fine against JPMorgan, UBS and Credit Suisse on Tuesday, for manipulating key interest rates through an illicit cartel. 71 more words

Growing the Economy

The idea that more spending makes the economy grow, and more saving decreases it, is popular.

Interest is the price money borrowers pay so they can have things now. 215 more words

When will house prices fall in the UK?

The housing market in the UK has been buoyant over the past few years due to strong demand (net migration sits around 250,000 a year) and low interest rates/government led finance schemes – making mortgages more affordable. 271 more words


China Needs To Accelerate Reforms To Drive Economic Growth, World Bank Chief Urges

China will need to accelerate reforms and not rely solely on monetary and fiscal policy to drive economic growth, the World Bank’s Managing Director Sri Mulyani Indrawati told Reuters in an interview on Tuesday, Reuters reports. 255 more words

Emerging Markets

Emerging Market Central Bank Credibility Comes Into Sharp Focus

By Dr Nicholas Spiro
Spiro Sovereign Strategy

Volatility in global financial markets is surging as investors fret about the state of the global economy.

The CBOE’s Volatility Index, commonly known as “Wall Street’s fear gauge,” is now at its highest level since May 2012 when markets feared the Eurozone was about to break up.  761 more words

Emerging Markets

Brazil’s Institutional Limbo

By Camila Villard Duran

International investors are watching closely as Brazilians prepare to vote in the second round of the presidential election on October 26. Their vote will not only decide who will be the country’s next president; it may also determine the future of the Central Bank of Brazil (BCB), and therefore the country’s macroeconomic trajectory. 212 more words

Emerging Markets

Eliminating debt: A short how-to guide

Many people don’t know where to begin when it comes to paying off their debt. When you’re in too deep, every bill is too much. No matter which debt you want to tackle, the others will still be there. 489 more words