Banks Warn of Growing Energy-Related Risks in Mortgage Portfolios
Across Europe, banks are trying to figure out how to handle a growing risk lurking in residential mortgage portfolios: energy consumption.
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Across Europe, banks are trying to figure out how to handle a growing risk lurking in residential mortgage portfolios: energy consumption.
Inflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy to discuss the state of the world economy.
Big US bond investors have been aggressively shifting money into long-dated notes, betting that the unloved asset class will be one of the winners from eventual interest rate cuts.
A measure of underlying US inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials looking to start cutting interest rates this year.
Emerging-market currencies dipped Friday on dwindling optimism over Federal Reserve rate cuts, paring their fourth-straight week of gains.
Apr 13, 2017
Reuters
,OTTAWA - Canada's Finance Minister Bill Morneau will meet with his Ontario counterpart next week to discuss affordability issues in the Toronto housing market, a spokesman said on Thursday.
Morneau will meet Ontario Finance Minister Charles Sousa on April 18. The acceleration in home prices in Toronto has prompted some economists to worry the real estate market in Canada's largest city is in a bubble.