For the fourth quarter of 2019, total wealth in the U.S. was $111.04 trillion.
Daily Archives: 22. September 2022
Total wealth in Great Britain: April 2016 to March 2018
The total net wealth of private households in Great Britain was £14.6 trillion in April 2016 to March 2018, an increase of 13% in real terms from April 2014 to March 2016, mainly because of increases in private pension and net property wealth.
Vermögensbilanz der privaten Haushalte
Copyright Bundesamt für Statistik
Schweizer Nationalbank: Dank Leitzinserhöhung könnte es wieder Zinsen aufs Sparkonto geben
Um die Inflation zu bekämpfen, erhöht die Nationalbank den Leitzins und beendet damit die Zeit der Negativzinsen
SNB to join 75 basis point hike club on Sept 22, inflation yet to peak – Reuters poll
The ECB, for its part, is due to take its key interest rates significantly higher.
Bank of England lifts rates by a half-point after 5-4 vote
The Bank of England decided to lift interest rates by a half-point to the highest level since 2008 in a contested decision, as the U.K. central bank joins peers across the globe in trying to bring inflation down by quelling demand.
The vote was 5-to-4 to bring rates to 2.25%, with three members calling for a 75-basis-point hike while one voted for a quarter-point increase. It was the seventh consecutive rate hike for the U.K. central bank.
How the latest Fed rate hike will affect your credit card bill
Collectively, Americans have nearly $900 billion dollars in credit card debt, and if you carry a balance, your bill is about to get more expensive, as the Federal Reserve raised its key interest rate for the fifth time this year. Currently, the average interest rate on a new credit card offer is more than 21%, according to LendingTree’s Matt Schulz. “You can expect that average to go up to over 22% in the next couple of months because banks don’t tend to waste a lot of time on raising rates when the Fed does,” Schulz said.
Angst vor Schulden: US-Zinssprung mit weltweiten Folgen
Das Hauptproblem: Die hohen Zinssätze treiben den US-Dollar in die Höhe – zum Nachteil anderer Länder. Denn nicht nur Importe werden teurer, sondern auch die Bedienung von Krediten. Die straffe Geldpolitik der US-Notenbank bekommen daher vor allem einkommensschwächere Länder zu spüren, die sich während der Pandemie hoch verschuldet und ihre Kredite in US-Dollar aufgenommen haben – selbst aber keine Dollars verdienen.