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Swiss National Bank leaves rates unchanged, Sweden hikes again

In a big day for central banks across Europe on Thursday, Switzerland shocked markets by leaving its interest rates unchanged, while Sweden and Norway met expectations with a quarter-point hike each. The Swiss National Bank held its key rate unchanged at 1.75%, against analyst expectations for a quarter-point increase, but said further tightening could not be ruled out. Sweden raised its key policy rate by a quarter of a percentage point to 4%, as expected, and said it might need to do more to...
EtelÀuomen LÀi City Of United Kingdom Dhara Ranasinghe Amanda Cooper Swiss National Bank
Source: yahoo.com

ECB raises rates to record high, signals end to hikes

LONDON (Reuters) -The European Central Bank raised its key interest rate to a record peak on Thursday and signalled this will likely be its final move in a more-than year-long fight against stubbornly high inflation. That illustrated the dilemma the ECB faced, with prices still rising, but economic activity struggling. FOREX: The euro fell and was last down 0.5% at $1.0674, having hit its lowest level in over three months after the ECB decision.
United Kingdom City Of Dean Turner Amanda Cooper Dhara Ranasinghe European Central Bank
Source: yahoo.com

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JLL Capital Markets Group Arranges JV Equity and Debt for $135 Million Best-in-Class New Jersey Multifamily Housing Development

LIVINGSTON, NJ - JLL Capital Markets announced today that it has arranged the $88.6 million construction financing and the $38 million equity placement for Canterly Place, a 300-unit, to-be-built, Class A apartment building located in Livingston, Essex County, New Jersey. JLL represented the sponsor, Okner Developers, LLC, to secure the 10-year, fixed-rate construction loan through Northwestern Mutual. JLL also arranged the joint venture equity with Northwestern Mutual. Canterly Place will...
New Jersey United States Essex County Jim Cadranell Matthew Pizzolato Jon Mikula

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