Interest Rates


  • Santelli: Germany prefers weaker euro   Friday, 24 Apr 2015 | 9:47 AM ET
    Santelli: Germany prefers weaker euro

    CNBC's Rick Santelli discusses the slip in rates, and the stabilizing euro.

  • BERNE, April 24- The Swiss National Bank said on Friday it had no plan to do away with cash, nor any power to impose a fee on paper currency, amid signs that large-denomination banknotes are being hoarded as a means to avoid negative interest rates on bank deposits. Nearly two-thirds of the Swiss banknotes in circulation on average last year were 1,000- franc notes,...

  • BEIJING, April 24- China will cut interest rates again this year and reduce the amount of reserves that banks must hold if it wants to expand its economy by 7 percent, a Reuters poll showed, in its biggest bout of policy easing since the 2008 global financial crisis. A poll of between 11-15 analysts showed China is expected to lower interest rates by 25 basis points...

  • *60 pct probability RBI cuts repo rate ahead of June 2 meeting. BENGALURU, April 24- India's central bank is likely to cut interest rates again next month, with analysts polled by Reuters forecasting a strong probability that will act ahead of scheduled policy meetings, as it has done so far this year. Economists polled over the past week gave a 60 percent median...

  • BB&T CEO: Trying times for banking industry   Thursday, 23 Apr 2015 | 4:35 PM ET
    BB&T CEO: Trying times for banking industry

    Discussing how the current interest rate environment is impacting earnings and the financial sector, with Kelly King, BB&T CEO.

  • Business events scheduled for the coming week Thursday, 23 Apr 2015 | 1:43 PM ET

    Restaurant Brands International Inc. reports quarterly financial results before the market opens. WASHINGTON— Standard& Poor's releases S&P/Case-Shiller index of home prices for February, 9 a.m.; The Conference Board releases the Consumer Confidence Index for April, 10 a.m.; Federal Reserve policymakers meet to set interest rates. WASHINGTON— Commerce...

  • LONDON, April 23- Deutsche Bank traders sent casual messages to colleagues politely asking them to rig global interest rate benchmarks, as a six-year criminal campaign of fraud became routine practice at Germany's biggest bank, British regulators said on Thursday. While other banks have already been implicated in rate rigging- including Britain's Barclays,...

  • LONDON/ NEW YORK, April 23- U.S. and British authorities fined Deutsche Bank $2.5 billion, accused Germany's largest lender of obstructing regulators and ordered it to fire seven employees in the eighth global settlement of alleged benchmark interest rate rigging. U.S. regulators fined Deutsche Bank $2.12 billion and UK watchdogs imposed a $340 million...

  • Distortion within equities: Rich Pzena   Thursday, 23 Apr 2015 | 12:07 PM ET
    Distortion within equities: Rich Pzena

    Are markets reasonably priced? Richard Pzena, Pzena Investment Management CEO, provides perspective.

  • Rich Pzena hunts for value   Thursday, 23 Apr 2015 | 12:03 PM ET
    Rich Pzena hunts for value

    Richard Pzena, Pzena Investment Management CEO, shares his top bets amid low rates, and a potential rate hike.

  • Rich Pzena: If rates go up, these stocks could lag   Thursday, 23 Apr 2015 | 12:01 PM ET
    Rich Pzena: If rates go up, these stocks could lag

    Richard Pzena, Pzena Investment Management CEO, provides perspective on the low interest rate era, and which stocks are most at risk.

  • Average U.S. long-term mortgage rates slipped this week as the spring buying season gets underway.

  • What a US rate hike will mean for Brazil Thursday, 23 Apr 2015 | 11:16 AM ET
    A gas station in Rio De Janeiro, Brazil.

    Despite its exposure to oil, Ricardo Mendes of Prospectiva Consulting said some Brazilian businesses could benefit from tighter U.S. monetary policy.

  • Modest inflation for the next 2-3 years: Pro   Thursday, 23 Apr 2015 | 10:07 AM ET
    Modest inflation for the next 2-3 years: Pro

    John Silvia, Wells Fargo Securities chief economist, weighs in on new home sales data, employment report, and interest rate rises from the Fed.

  • Average US rate on 30-year mortgage slips to 3.65 percent Thursday, 23 Apr 2015 | 10:06 AM ET

    WASHINGTON— Average long-term U.S. mortgage rates are down slightly this week and remain near historic lows. Mortgage giant Freddie Mac says the national average for a 30- year fixed- rate mortgage slipped to 3.65 percent from 3.67 percent last week. To calculate average mortgage rates, Freddie Mac surveys lenders across the country at the beginning of each...

  • Santelli: Home on the 'range' in all markets   Thursday, 23 Apr 2015 | 9:49 AM ET
    Santelli: Home on the 'range' in all markets

    CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.

  • LONDON/ NEW YORK, April 23- U.S. and British regulators fined Deutsche Bank $2.5 billion and its British subsidiary pleaded guilty to criminal wire fraud on Thursday as it became the eighth financial group to settle allegations of rigging interest rate benchmarks. Britain's Financial Conduct Authority said the misconduct involved at least 29 Deutsche Bank...

  • WASHINGTON, April 23- Deutsche Bank will pay U.S. and British authorities $2.5 billion and its London subsidiary will plead guilty to wire fraud for manipulation of benchmark interest rates, U.S. authorities said on Thursday. As part of the deal, Germany's largest bank also entered into a deferred prosecution agreement with the U.S. Justice Department and...

  • *Gold posted biggest daily loss in 1 month on Wed. LONDON, April 23- Gold edged above a three-week low on Thursday, as the dollar and shares eased, following its biggest drop in over a month after strong U.S. housing data stoked expectations the Federal Reserve could raise interest rates soon. Spot gold ticked up 0.2 percent to $1,189.58 an ounce by 1214 GMT, after...

  • Deutsche Bank to pay $2.5B for interest rate violations Thursday, 23 Apr 2015 | 8:14 AM ET

    ALBANY, New York— Deutsche Bank has agreed to pay $2.5 billion in a settlement with U.S. and British authorities over the manipulation of benchmark interest rates used globally for its own financial gain. Deutsche Bank has fired "numerous" employees who were involved and is installing an independent monitor at its New York branch, according to New York's...