Housing market stays firm, as Australian dollar jumps | Finance Report

Property prices fell in most capital cities in May, but it’s not cause for concern… yet. With unemployment rising and immigration falling, there are landmines out there, but low interest rates are sparing home owners a lot of pain. Meanwhile, the Australian Dollar rose to its highest mark since February. Read more here: https://www.abc.net.au/news/2020-06-01/asx-drops-qantas-accc-investigation-competition/12306688?section=business For … Read more Housing market stays firm, as Australian dollar jumps | Finance Report

What’s going on in the FX market with negative interest rates?

FX markets are saying negative interest rates constitute a tightening of monetary policy. Insights via @CME Group : https://openmarkets.cmegroup.com/quicktake?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_econ&utm_content=more_insights Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake Follow QuickTake on Instagram: instagram.com/quicktake Subscribe to our newsletter: https://bit.ly/2FJ0oQZ Email us at quicktakenews@gmail.com QuickTake by Bloomberg … Read more What’s going on in the FX market with negative interest rates?

Keiser Report | The Herbert Report | E1545

Check Keiser Report website for more: http://www.maxkeiser.com/ In this episode of Keiser Report from a parallel universe, Max and Stacy present ‘The Herbert Report,’ where time goes backwards (negative interest rates) and energy and matter do not exist (negative oil prices). In the second half, Max talks to Cory Klippsten of SwanBitcoin.com about launching a … Read more Keiser Report | The Herbert Report | E1545

Will low interest rates help equities?

Low interest rates are necessary to spur economic activity which could drive equities higher. Insights via @CME Group : https://openmarkets.cmegroup.com/quicktake?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake Follow QuickTake on Instagram: instagram.com/quicktake Subscribe to our newsletter: https://bit.ly/2FJ0oQZ Email us at quicktakenews@gmail.com QuickTake by … Read more Will low interest rates help equities?

Reserve Bank of India Unexpectedly Cuts Interest Rates

May.22 — Reserve Bank of India Governor Shaktikanta Das says the central bank has decided to cut interest rates. The unexpected move comes as the RBI expects the economy to contract for the first time in more than four decades as the impact of the coronavirus and measures taken to contain the pandemic severely affect domestic … Read more Reserve Bank of India Unexpectedly Cuts Interest Rates

COVID-19 crisis prompts calls for stricter controls over payday lenders | 7.30

The COVID-19 crisis has prompted calls for stricter controls over so-called payday lenders. They offer quick cash so they’re an attractive short-term option for many people in financial trouble, but they come with high interest rates and they can quickly turn a bad situation even worse. Read more here: https://www.abc.net.au/news/2020-05-21/concerns-over-payday-lenders-offering-coronavirus-relief-loans/12272332 For more from ABC News, … Read more COVID-19 crisis prompts calls for stricter controls over payday lenders | 7.30

Negative Interest Rates Do More Damage Than Good: Sentance

May.21 — Andrew Sentance, senior adviser at Cambridge Econometrics and former MPC member of the Bank of England, discusses the possibility of negative interest rates in the U.K. and what negative rates would do to consumer spending. He speaks exclusively on “Bloomberg Daybreak: Europe.”

U.K.’s First Negative-Yielding Bond Sale

May.20 — Buyers of gilts in the U.K.’s first ever bond sale with a yield below 0% could see the value of their holdings plummet within hours, if Bank of England Governor Andrew Bailey repeats his opposition to negative interest rates when testifying before a Parliament committee later on Wednesday. Joyce Chang, chair of global … Read more U.K.’s First Negative-Yielding Bond Sale

Here’s why U.S. interest rates won’t go negative

Negative interest rates can often hurt bank profits and make loans difficult to offer. Insights via @CME Group : https://openmarkets.cmegroup.com/quicktake?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake Follow QuickTake on Instagram: instagram.com/quicktake Subscribe to our newsletter: https://bit.ly/2FJ0oQZ Email us at quicktakenews@gmail.com QuickTake by … Read more Here’s why U.S. interest rates won’t go negative

Powell Says Fed Has America’s Back With Congress Arguing Over Aid

Federal Reserve Chairman Jerome Powell said the central bank is ready to use all the weapons in its arsenal to help the U.S. economy endure the coronavirus pandemic, as attention shifts to whether Republicans and Democrats will agree to more fiscal aid. “We are committed to using our full range of tools to support the … Read more Powell Says Fed Has America’s Back With Congress Arguing Over Aid

Powell Warns of Broad Virus Danger, Bats Down Negative Rates

The U.S. economy faces unprecedented risks from the coronavirus if fiscal and monetary policy makers don’t rise to the challenge, Federal Reserve Chair Jerome Powell said while pushing back against the notion of deploying negative interest rates. “The recovery may take some time to gather momentum, and the passage of time can turn liquidity problems … Read more Powell Warns of Broad Virus Danger, Bats Down Negative Rates

BOE Could Do More Quantitative Easing in June, Bailey Says

May.07 — Bank of England Governor Andrew Bailey says the central bank is “keeping all options open” on monetary policy. He talks about the potential for policy makers to expand quantitative easing as soon as next month, discussions about negative interest rates, and his top long-term concerns about fallout from the coronavirus pandemic. He speaks … Read more BOE Could Do More Quantitative Easing in June, Bailey Says