Hike

A source close to the matter told Globes that Prime Minister Benjamin Netanyahu and his economic adviser, Professor Avi Simhon, are pushing to cancel the VAT hike from 17% to 18%, which is scheduled to go into effect on…

Wells Fargo & Company (WFC) reported its second-quarter financial results, revealing both strengths and challenges as it continues its transformation journey. CEO Charlie Scharf emphasized the growth in fee-based revenue and strategic…

Americans living and working in the UK may face increased tax rates due to the results of the UK general election and the US presidential election in November. “For the Americans, this is the warm-up period before the main event of…

UBS said it expects the Reserve Bank of Australia to raise interest rates in August after a series of inflation surprises, and that the Australian dollar (AUDUSD) is likely to benefit from such a scenario in the longer term. Australia’s…

Nomura with a review of last week's BOJ decision, what to watch for the yen, and a preview of the BOJ's upcoming meeting:The June meeting did not witness any hard-line surprisesThe Bank of Japan decided to reduce its purchases of…

Breadcrumb linksNewsEconomyWe are all against new taxes. But it's not that simplePosted on June 15, 2024 • Last updated 23 minutes ago • 3 minutes read You can save this article by registering for free here. Or log in if you…

As expected, the Reserve Bank of New Zealand The Reserve Bank of New Zealand (RBNZ) kept its policy rate at 5.50% for the eighth straight meeting in May.What traders did not expect was for the central bank to share this.”The committee…

Written by David ShepardsonWASHINGTON (Reuters) - The U.S. Postal Service said on Friday it is seeking an average 25% price increase for high-volume shippers to enter packages for regional delivery through its Parcel Select service.The…

By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the central bank would not directly respond to currency moves in setting monetary policy, brushing aside market speculation that the yen's sharp falls could force it…

The poll shows that among 34 economists surveyed, 19 (54%) are expecting another rate hike by this year-end. None of them are anticipating one as soon as June though but 5 economists are seeing a rate hike take place during Q3. Following…