Federal reserve bank articles
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Washington Trust Bank, Federal Home Loan Bank of Des Moines award $200,000 to RootedHomes, NeighborImpact
BEND, Ore. (KTVZ) -- Washington Trust Bank, the largest independently owned full-service bank in the Northwest, has partnered with the Federal Home Loan Bank of Des Moines to award a total of $200,000 in grant dollars from the FHLB Des Moines Member Impact Fund to two Central Oregon affordable housing organizations. Recipients include RootedHomes in
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Judo Bank boss Warren Hogan declares Reserve Bank will hike interest rates three times this year -
The Judo Bank is now forecasting the Reserve Bank will raise interest rates three times in 2024. This would see borrowers paying the highest rates in almost 16 years.
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Judo Bank boss Warren Hogan says the Reserve Bank will raise interest rates three times this year – and he was right about 2023
Judo Bank now predicts the Reserve Bank will raise interest rates three times in 2024 to levels not seen in 16 years - increasing the average mortgage repayment by $300 a month.The bank's chief economic adviser, Warren Hogan, forecast the key interest rate will rise to 5.1 percent by Christmas, from a 12-year high of 4.35 percent. Rate hikes in August, September and November this year would see the Reserve Bank of Australia's key interest rate reach levels last seen in December 2008 during the...