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Exclusive-Canada bank regulator says lenders should urgently tackle risks from mortgage extensions

Exclusive-Canada bank regulator says lenders should urgently tackle risks from mortgage extensions

© Reuters. FILE PHOTO: A realtor’s sign stands outside a house for sale in Toronto, Ontario, Canada May 20, 2021. REUTERS/Chris Helgren ?/File Photo By Nivedita Balu TORONTO (Reuters) -Canada’s financial regulator is urging lenders to tackle risks from mortgage extensions at the “earliest opportunity” as many borrowers try to navigate higher mortgage costs after…

Argentina inflation seen hitting 149% this year, up from previous poll

Argentina inflation seen hitting 149% this year, up from previous poll

© Reuters. FILE PHOTO: A costumer counts money before buying tangerines in a green grocery store, as Argentines struggle amid rising inflation, in Buenos Aires, Argentina May 11, 2023. REUTERS/Agustin Marcarian BUENOS AIRES (Reuters) – Analysts polled by Argentina’s central bank forecast annual inflation this year at 149%, above the 126% expected in the previous…

Swiss National Bank Chairman hints at rate rises to tackle inflation

Swiss National Bank Chairman hints at rate rises to tackle inflation

© Reuters. FILE PHOTO: Swiss National Bank Chairman Thomas Jordan attends the shareholders meeting of SNB in Bern, Switzerland, April 28, 2023. REUTERS/Denis Balibouse ZURICH (Reuters) – The Swiss National Bank could raise interest rates to tackle inflation which remains above target, Chairman Thomas Jordan said in an interview published on Saturday, Jordan defended the…