All posts tagged "rate hike"
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Some advice for borrowers and investors: Take a deep breath
WASHINGTON — If you’re about to buy a home, shop for a car or borrow for college, the pros have some advice: Go ahead. The Federal Reserve’s decision Wednesday to slightly raise its key interest rate, advisers...
- Posted December 14, 2016
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Expert Tells Commission Not to Hike Prepa Rates Permanently
Lack of transparency, inadequate methodology cited as reasons
- Posted December 1, 2016
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PREC to Hold Technical Hearings on Prepa Rate Hike
Hearings to kick off Tuesday, November 29
- Posted November 28, 2016
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Comparing the US Federal Reserve’s views on jobs and economy
A comparison of the Federal Reserve’s statements from its two-day meeting that ended Wednesday and its meeting Sept. 20-21: RATE HIKE TIMING: Now: The Fed now simply needs just “some” additional evidence that the economy is improving:...
- Posted November 2, 2016
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Fed leaves key rate unchanged but hints at upcoming hike
WASHINGTON – The Federal Reserve left interest rates unchanged Wednesday, six days before Americans choose a new president, but hinted again that it would likely raise rates soon. The Fed said that the case for a rate...
- Posted November 2, 2016
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3 things to watch for from the Federal Reserve on Wednesday
WASHINGTON — Not quite yet. That’s the decision the Federal Reserve is expected to deliver Wednesday when it announces to the financial world whether it will resume raising interest rates now — or wait until later, perhaps...
- Posted September 21, 2016
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Public hearings on power rate hike start Saturday in Mayagüez
SAN JUAN – The Puerto Rico Energy Commission (PREC) announced Friday it will hold four public hearings to allow citizens to comment on the proposed 2-cent per kilowatt-hour (kWh) energy rate hike. The first hearing will take...
- Posted September 9, 2016
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Industry Consortium to Sue Prepa Due to Rate Hike
Previous report states that the Prepa refinancing scheme is excessively expensive, and excludes renewable energy from future investment in Puerto Rico
- Posted August 17, 2016
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Jenniffer González Says Prepa Rate Hike Could Have Been Avoided
SAN JUAN – Jenniffer González, the New Progressive Party’s (NPP) candidate for resident commissioner, said the provisional hike in the electric bill that went into effect Monday is “unnecessary,” but declined to say if the party would...
- Posted August 1, 2016
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Prepa Announces Provisional Rate Hike Goes into Effect Aug. 1
To produce $222.3 million in revenue
- Posted July 10, 2016