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Limited action to Fed Funds rate hike, so far

Only one Bermuda bank has taken action since the largest interest rate hike by the Federal Reserve in more than two decades. The midweek hike of 50-basis points...

• May 09, 2022 8:13 AM
• COMMENTS

The war’s effect on the global economy and markets

Only a couple of months ago, investors were hoping for an end to the pandemic. Now, the headlines are dominated by the Russian-Ukrainian war. After months of a...

• Mar 15, 2022 7:43 AM
• COMMENTS

Economist says Throne Speech short on details

Plans for the new session of Parliament could be hit by a lack of cash, a top economist warned last night. Craig Simmons, a Bermuda College lecturer, added that...

• Nov 10, 2021 7:45 AM
• COMMENTS

Lower base lending rate won’t always mean cheaper loans, experts warn

The Government’s plan to tie the base lending rate charged by Bermuda’s banks to the US prime rate will not necessarily mean cheaper loans for borrowers, financ...

• Nov 13, 2020 9:18 AM
• COMMENTS