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Government bond yields surge as mortgage rates hit 6pc

Government bond yields surge as mortgage rates hit 6pc
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Danske Bank nie chce kryptowalut pomimo presji klientów

Danske Bank nie chce kryptowalut pomimo presji klientów
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Bank of Canada holds interest rate steady, keeps other stimulus taps fully open for now


Bank of Canada holds interest rate steady, keeps other stimulus taps fully open for now
Pete Evans
© David Kawai/Bloomberg
The Bank of Canada s interest rate filters down into the economy by impacting the rate that people and businesses get from retail banks on things like savings accounts and mortgages.
The Bank of Canada kept its trend-setting interest rate at the record low of 0.25 per cent on Wednesday, and signalled it plans to continue to do everything it can to stimulate the economy even as there are signs the recovery from COVID-19 is going better than expected.
The bank s benchmark interest rate, known as the target for the overnight rate, impacts the economy by influencing the rates that people and businesses get at their banks for things like savings accounts and mortgages. Broadly speaking, the central bank cuts its rate to stimulate the economy by making it cheaper to borrow and invest. When it wants to slow down an overheated ....

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NBP: w grudniu dodatnie saldo rachunku bieżącego wyniosło 1,9 mld zł

NBP: w grudniu dodatnie saldo rachunku bieżącego wyniosło 1,9 mld zł
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