Did interest rates rise or fall globally in 2018?
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Sweden’s first interest rate hike in seven years would put pressure on the European Central Bank to act
Sweden’s Central Bank, the Riksbank raised interest rates for the first time in seven years on Thursday which might cause further European monetary tightening. Riksbank’s benchmark repo rate was raised 25 bps from -0.5% earlier to -0.25%. It still remains negative though.
Dollar LIBOR hits 10-Year High – Federal Funds rate outlook or Credit Risk to blame?
Three-month U.S. Dollar London interbank offered rate (LIBOR) that serves as the basis for trillions of dollars in loans and floating-rate securities globally hit a 10-year high of 2.45%, the highest level since November 2008.
Here’s why the Federal Reserve increasing interest rates could be a problem
The reasons aren’t what you think …
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Are rising benchmark interest rates in the United States having any impact on mortgage or saving interest rates?
The Federal Reserve increased the target for the bank’s benchmark rate by 0.25% (to a range of 2% to 2.25%) last week, the eighth rate rise since 2015. Are rising interest rates really having any impact on mortgage or saving rates?
Interest Rates globally are changing at the fastest pace ever
Interest Rates globally are changing (in both directions) at the fastest pace ever in the history of the modern central banking system. Nearly half of the countries in the world have cut interest rates while the other half have hiked them in the past 6 months. The average change for countries with a change in interest rate has been +0.22% in the past 6 months. Take Argentina and Turkey out and the average (global) interest rate has actually fallen.
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The U.S. and mainland Europe have moved in different directions over the past year on interest rates, equity returns, bond yields and government borrowing
Interest Rates
What a difference a year makes. The Federal Reserve has hiked interest rates thrice (in December, March and June) with a target rate range of 1.75% to 2% now. The Eurozone meanwhile maintains its zero-interest rate policy.
Interest Rate for each country (as of June 2018)
Here are the base interest rates for Central Banks as of June 8, 2018 for each country (in increasing order of interest rate),
Continue reading “Interest Rate for each country (as of June 2018)”
50 countries have seen a change to their interest rate in the past three months, with exactly half each seeing an increase and half seeing a decrease
Are interest rates rising or falling globally? Well, if the past three months are anything to go by then the world is moving in different directions with regards to interest rates. So much for synchronized increases or decreases in interest rates …
Here is a map of changes,
Interest Rates in the European Union
Here are the base interest rates for countries in the European Union plus additionally those in the European Economic Area and Switzerland (as of June 5, 2018),