Fed’s aggressive rate hikes raise the likelihood of a recession
Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade ...
Day: June 16, 2022
Why are central banks pushing to raise interest rates?
Banks are raising rates to bring down inflation but there is a risk to economic growth Central banks around the ...
Bank of England set for a fifth straight rate hike as growth and the pound wobble
At its May meeting, the Bank raised its base rate by 25 basis points to 1%, its highest level for ...
Bitcoin price climbed to $22.5K after Fed 75 basis point hike aims to cap runaway inflation
BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike ...
Asia shares mixed after Fed assurance on rates lifts Wall Street
Asian shares are mixed after the Federal Reserve raised its key interest rate by three-quarters of a point and signalled ...
Fed hikes interest rates by 0,75 of a percentage in the boldest move since 1994
The Federal Reserve raised interest rates by three-quarters of a percentage point on Wednesday in an aggressive move to tackle white-hot ...