Tag: FED
Banks to tightly control borrowing rates even more against inflation
The Federal Open Market Committee decided to raise the target range for the federal funds rate to 4-1/2 to 4-3/4 percent. The Committee anticipates that ongoing increases in the target range will be appropriate...
Stricter policy rates on borrowing to stay as inflation rages on
The SNB is tightening its monetary policy further and is raising the SNB policy rate by 0.5 percentage points to 1.0%.
More inflation data causes rate surges again among top banks
The Governing Council today decided to raise the three key ECB interest rates by 75 basis points. With this third major policy rate increase in a row, the Governing Council has made substantial progress...
Interest hikes left and right as banks fight inflation
The SNB (Swiss National Bank) is tightening its monetary policy further and is raising the SNB policy rate by 0.75 percentage points to 0.5%. In doing so, it is countering the renewed rise in...
Major markets increase rates due to inflation fears
Per the US Bureau of Labor Statistics the Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6 percent. Job growth was...
Disturbing war leaves markets in chaos, mediocre GDP data in Europe
The ongoing combat hostilities between Russian and Ukrainian forces in the recently erupted war have seen devastating effects on markets in the past 24 hours. The price of the Ruble spiked to 89 for...
FED hike may be negative for future fast growth expectations as market cools
The US Federal Reserve has made strong signals that they intend to start tightening the official borrowing rate this year, starting with March. Investors expect that the meeting on...
