Hike

FOMC INTEREST RATE DECISION KEY POINTSThe Fed hit the pause button at its September meeting, holding interest rates at a 22-year high of 5.25% to 5.50%.Policymakers upgraded their GDP outlook and reduced the core PCE projection for the…

Funtap REITs declined in the week ended Sep. 22 as rate hike concerns fueled a sell-off, particularly impacting certain subsectors. The Fed held rates steady, but a bulk of officials still see one more interest rate hike in 2023. The…

The Bank of England has halted its 14 consecutive interest rate hikes, keeping rates at 5.25% due to moderating inflation. Despite this, the economy remains precarious. The Bank of England has decided to end a streak of 14 consecutive…

© Reuters. The U.S. dollar retained its gains against peers on Friday, following strong U.S. economic data and a rate hike by the European Central Bank (ECB). The currency's strengthening came in response to higher-than-expected…

The euro fell to its lowest level in over five months against the dollar on Thursday, as the European Central Bank's (ECB) recent interest rate hike led market participants to believe it could be the last of its kind. The common…

High energy prices can have a cascading effect on other sectors of the economy, contributing to the overall rise in consumer prices. The European Central Bank (ECB) has announced its 10th consecutive hike in its main interest rate.…

© Reuters. Investing.com-- Most Asian currencies kept to a tight range on Monday, while the dollar fell slightly as mixed U.S. jobs data cemented bets that the Federal Reserve will keep rates steady this month, with focus now…

The September dot plot is always the most-interesting one of the year because it's the closest thing to forward guidance that the FOMC offers. Officials are required to place a year-end dot but there are only two meetings left so it…

Breadcrumb Trail Links News There is a silver lining in that ugly data Published Aug 17, 2023  •  Last updated 6 minutes ago  •  4 minute read Many economists think the Bank of Canada will still hold its…

© Reuters. By Michal Aleksandrowicz (Reuters) - Forvia's shares fell as much as 8% in early trading on Thursday, after a slight hike to the car parts maker's annual targets failed to impress investors. The world's seventh-largest…