rates - eriinfo

Africa: Vaccination Rates Are Falling in Africa, but a New Strategy Aims to Turn Things Around. Five Things It Needs to Get Right

eriinfo.com7 days ago011 mins

Africa has reached an important moment in its immunisation journey. Coverage is not rising fast enough to keep pace with population growth, persistent inequities and a growing number of vaccines. At the same time, outbreaks and financing pressures are intensifying. Vaccination has transformed child survival. A landmark analysis found that global immunisation efforts have saved…

US interest rates raised for first time in three years

eriinfo.com3 weeks ago04 mins

When he was confirmed, Democratic lawmakers had said Warsh would be Trump’s “sock puppet” and many Fed watchers expected him to carry out Trump’s persistent demands to slash rates. Trump had been heavily critical of Warsh’s predecessor Jerome Powell for not cutting them. Asked on Wednesday about the message the rate hike sent to Trump,…

US Fed raises interest rates as inflation weighs on economy | Inflation News

eriinfo.com3 weeks ago06 mins

DEVELOPING STORYDEVELOPING STORY, The 25 basis-point hike is the first raise in three years and comes ahead of critical midterm elections in the United States. The United States Federal Reserve has said it will raise interest rates by a quarter of a percentage point as inflation, driven by soaring fuel prices amid the US-Iran war,…

Trump pushes Fed to cut rates ahead of pivotal September decision

eriinfo.com4 weeks ago010 mins

President Donald Trump speaks with the new chairman of the Federal Reserve, Kevin Warsh, after a swearing-in ceremony in the East Room of the White House, in Washington, May 22, 2026. Anna Moneymaker | Getty Images Ten days ahead of a meeting in which the Federal Reserve will likely consider raising interest rates, the Trump…

Washington’s house is divided over interest rates

eriinfo.com1 month ago07 mins

A television station broadcasts Kevin Warsh, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, July 29, 2026. Michael Nagle | Bloomberg | Getty Images Hello, this is Hui Jie writing to you…

How shipping insurance rates are rising, as Hormuz, Bab al-Mandeb shut down | US-Israel war on Iran News

eriinfo.com2 months ago09 mins

Maritime insurance prices have soared amid shipping disruptions in the Strait of Hormuz and are also rising for vessels traversing the Bab al-Mandeb, with both waterways – critical channels for the global economy – now theatres of war. Yemen’s Iran-aligned Houthi group announced a blockade of Saudi Arabian ports and ships in the Bab al-Mandeb…

Reserve Bank breaks its run of calm and hikes rates

eriinfo.com4 months ago04 mins

The South African Reserve Bank has raised its benchmark repo rate by 25 basis points to 7%, breaking a run of stability as a deepening Middle East crisis drives oil prices higher and reignites inflation. The increase, effective 29 May, was backed by four members of the monetary policy committee, with two favouring no change,…

Africa

Africa: Higher Interest Rates – Can I Make Them Work for Me?

eriinfo.com5 months ago09 mins

When interest rates rise, most people feel the financial pinch as repayments for home loans, car purchases or personal loans increase. This leads to less money for everyday spending and tightens the household budget. Middle- and upper-income households tend to hold secured debt such as property, which builds wealth. Lower-income households are pushed into debt…

Markets drop as gas prices, mortgage rates rise

eriinfo.com7 months ago03 mins

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Markets drop as gas prices, mortgage rates rise 00:53 UP NEXT Cost of war in Iran hits America’s heartland 02:31 Strike hits Jerusalem’s Old City 02:01 Trump weighs deploying ground troops 01:45 Action hero Chuck Norris dies at…

Bank of Japan keeps rates steady as expected, warns Iran war may push up inflation

eriinfo.com7 months ago06 mins

The Bank of Japan (BOJ) headquarters is seen beyond the cherry blossoms in Tokyo on March 20, 2023. Kazuhiro Nogi | Afp | Getty Images The Bank of Japan on Thursday kept its rates steady at 0.75% as expected, but noted that inflation risks now are tilted to the upside due to the Iran war….