EurUsd Set for Unstable August Amid Central Financial institution Charge Uncertainty – Forecasts – 20 July 2025

[ad_1] The EurUsd foreign money pair is poised for violent fluctuations within the vary of 1.14 to 1.18 over the subsequent few weeks as traders intently monitor upcoming central financial institution choices and geopolitical developments. On Thursday subsequent week, the European Central Financial institution (ECB) is broadly anticipated to maintain its key rate of interest … Read more

Weak Credit Growth And Rate Cuts to Squeeze Profit at India’s HDFC, ICICI Banks

[ad_1] (Bloomberg) — India’s top private-sector banks HDFC Bank Ltd. and ICICI Bank Ltd. could see profits come under pressure from loan growth at a three-year low and thinning margins driven by central bank rate cuts, as they report earnings this weekend. Margins face pressure from the Reserve Bank of India’s rate cuts — 100 … Read more

Average 401(k) savings rate hits a record high. See if you’re on track

Seksan Mongkhonkhamsao | Moment | Getty Images The average 401(k) plan savings rate recently notched a record high — and the percentage is nearing a widely used rule of thumb. During the first quarter of 2025, the 401(k) savings rate, including employee and company contributions, jumped to 14.3%, according to Fidelity’s quarterly analysis of 25,300 … Read more

The average 401(k) savings rate is at record-high levels, report finds

Milan Markovic | E+ | Getty Images The average 401(k) savings rate has maintained a record high, as some retirement plans make it easier for workers to enroll and contribute. In 2024, the average combined savings rate for employee deferrals and company deposits was an estimated 12%, according to Vanguard’s newly released yearly analysis of … Read more