News from Nashville & around the world
Turkish annual consumer price inflation soared to 67% in February, fueling concerns that Turkey’s central bank might have to return to tightening. International: Top News And Analysis
Mortgage demand surged higher for the second straight week, after the average rate on the 30-year fixed dropped below 7%. U.S. News
Yellow Corp., a bankrupt trucking company previously based in Overland Park, repaid a $ 700 million loan it received from the U.S. Treasury with interest, but the value of nearly 16 million shares owned by…
The ECB ended its record run of rate hikes despite new upside risks to inflation. International: Top News And Analysis
The quarter percentage point move takes the federal funds rate to a target range of 5.25%-5.5%. International: Top News And Analysis
The corporate default rate is up and rising as interest rates remain elevated, making it more expensive for companies to refinance debt. International: Top News And Analysis
The central bank leader set out a new paradigm for how the Fed views its policy path. International: Top News And Analysis
Deutsche Bank surpassed profit expectations in the fourth quarter, reporting 1.8 billion euro ( $ 1.98 billion ) of net profit attributable to shareholders, as higher interest rates boosted revenues. International: Top News And Analysis
Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead. International: Top News And Analysis
Fast-rising mortgage rates are cutting demand for home loans drastically. U.S. News