News Results

  1. Brazil inflation expectations to improve over time, says central bank chief
    Reuters | 02:26 PM EDT

    - Brazil's central bank chief Roberto Campos Neto said on Monday that policymakers believe inflation expectations should stabilize and improve over time, after recently citing concerns about them deviating from the official target. "It is generally possible to be optimistic when we look at the reasons," he said at an event organized by the business group Lide in Sao Paulo.

  2. Brazil inflation expectations to improve over time, says central bank chief
    Reuters | 01:02 PM EDT

    Brazil's central bank chief Roberto Campos Neto said on Monday that policymakers believe inflation expectations should stabilize and improve over time, after recently citing concerns about them deviating from the official target.

  3. South African rand gains ahead of election, rate decision
    Reuters | 12:40 PM EDT

    The South Africa rand was stronger on Monday, supported by a weaker dollar, ahead of a week headlined by the national election and featuring an interest rate decision. At 1430 GMT, the rand traded at 18.3300 against the dollar, about 0.5% stronger than its previous close. The dollar last traded around 0.16% weaker against a basket of global currencies.

  4. Mozambique central bank cuts key rate for third meeting in a row
    Reuters | 10:13 AM EDT

    Mozambique's central bank cut its MIMO interest rate by 75 basis points to 15.00%, the third meeting in a row at which the rate has been reduced, the bank said on Monday. The bank's Monetary Policy Committee said in a statement that the decision was based on favourable forecasts while trying to keep inflation in single digits in the medium term.

  5. Mozambique central bank cuts key interest rate to 15.00%
    Reuters | 09:52 AM EDT

    Mozambique's central bank cut its to 15.00%, the bank said on Monday.

  6. BRIEF-Bank of Canada to auction C$3.5 billion of 8-day cash management bills on Tuesday
    Reuters | 09:48 AM EDT

    * BANK OF CANADA TO AUCTION C$3.5 BILLION OF 8-DAY CASH MANAGEMENT BILLS ON TUESDAY, FINAL CALL FOR TENDERS SHOWS Source text for Eikon: https://www.bankofcanada.ca/markets/government-securities-auctions/calls-for-tenders-and-results/cash-management-bills/

  7. Bank of Israel holds rates, can't cut again while inflation rising
    Reuters | 09:25 AM EDT

    The Bank of Israel held short-term interest rates steady on Monday for the third straight meeting, citing rising price pressures, a rebound in economic activity and continued geopolitical uncertainty resulting from Israel's war with Hamas in Gaza.

  8. Bank of Israel holds key rate at 4.5% as inflation rises
    Reuters | 09:01 AM EDT

    The Bank of Israel held interest rates steady on Monday for the third straight meeting following the re-emergence of price pressures and a rebound in economic activity.

  9. Euro zone bond yields fall after ECB officials talk up cuts
    Reuters | 06:56 AM EDT

    Euro zone government bond yields fell on Monday after European Central Bank officials said they have room to cut interest rates as inflation slows, ahead of key economic data later this week. "Barring a surprise, the first rate cut in June is a done deal, but afterwards we have several degrees of freedom," French central bank chief Francois Villeroy de Galhau told Germany's Boersen Zeitung.

  10. GLOBAL MARKETS-Shares nudge higher as US, EU inflation data loom
    Reuters | 06:18 AM EDT

    * STOXX flat, holidays make for thin trading. * U.S. and EU inflation feature this week. * Central bank speakers abound before next week's ECB meet. By Nell Mackenzie. LONDON, May 27 - World shares firmed on Monday as investors braced for a busy run of inflation data that could set the scene for a European rate cut as soon as next week and a U.S. policy easing within just a few months.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_results