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Colombia’s central bank raises benchmark rate to 13.25% in split vote

Colombia’s central bank raises benchmark rate to 13.25% in split vote

© Reuters. FILE PHOTO: General view of Colombia’s central bank in Bogota, Colombia October 9, 2019. REUTERS/Luisa Gonzalez By Nelson Bocanegra BOGOTA (Reuters) -Colombia’s central bank board raised the benchmark interest rate by 25 basis points to 13.25% on Friday, continuing a long tightening cycle amid persistent inflation and significant stability risks to the global…

US House passes Republican debt ceiling bill with steep spending cuts

US House passes Republican debt ceiling bill with steep spending cuts

© Reuters. FILE PHOTO: House Speaker Kevin McCarthy (R-CA) and other House Republicans hold a news conference on Capitol Hill in Washington, U.S., April 20, 2023. REUTERS/Amanda Andrade-Rhoades/File Photo By David Morgan and Richard Cowan WASHINGTON (Reuters) -The U.S. House of Representatives on Wednesday narrowly passed a bill to raise the government’s $31.4 trillion debt…

Marketmind: Banking blip? Not so fast

Marketmind: Banking blip? Not so fast

© Reuters. FILE PHOTO: A person walks past a First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. REUTERS/Mike Segar/File Photo   MSFT -2.25% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:  …