Tag: Rate hike

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Minnesota Power Seeks 12% Rate Hike to Fund Renewable Energy Goals, US

Minnesota Power seeks rate hike to fund renewable energy goals - Learn about the company's request for a 12% rate increase to support its transition towards clean energy. #RenewableEnergy

Australian and New Zealand Dollars Plummet to One-Year Lows on Global Risk Aversion

The Australian and New Zealand Dollars hit one-year lows amid global risk aversion. Stocks, Treasuries, and cautious remarks by Australia's central bank chief contribute to the decline.

Australian and New Zealand Dollars Rally as 10-Year Treasury Yields Retreat

Boost for Australian and New Zealand dollars as Treasury yields ease. Market awaits central bank speech. Long-term pressures to consider.

Rate Hikes Show Promise in Cooling Inflation as Australian Central Bank Mulls Further Tightening

Higher interest rates in Australia effectively curb inflation and slow demand. Reserve Bank of Australia considers further tightening measures.

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Bank of England Set to Raise Interest Rate to 5.25% Amid High UK Inflation, United Kingdom

Bank of England expected to raise interest rate to 5.25% amidst high UK inflation. Impact on borrowing costs and cost-of-living crisis.

Dollar Hits 4-Week High on Upbeat US Labor Data; Sterling Dips Ahead of Expected BOE Rate Hike, United States (US)

US dollar reaches four-week high on positive labor data and bond yield increase. BOE rate hike and Fitch downgrade impact major currencies.

Asian Shares Cautious as US Jobs Report Sparks Bond Rally, US and Chinese Inflation Figures Awaited

Stay updated on Asian shares as they trade cautiously after a mixed US jobs report. Investors await US and Chinese inflation figures.

RBA’s July 4 Decision on Rates Hinges Precariously at 4.35%

The Reserve Bank of Australia (RBA) expected to raise rates on July 4th to control inflation. Experts split on the decision.

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