LONDON (Reuters) – Bank of England Governor Andrew Bailey said the three-quarters-of-a-percentage point increase in interest rates announced by the central bank on Thursday was not setting a precedent for…
(Reuters) – The European Central Bank may need to raise interest rates by another 75 basis points next month as inflation remains unacceptably high, Slovak central bank chief Peter Kazimir…
WASHINGTON (Reuters) – Rapid U.S. interest rate increases have raised the risk of a recession, but it is likely to be caused by an outside shock rather than from a…
OSLO (Reuters) – Norway’s central bank is expected to raise its benchmark interest rate again this week and signal a continued rise in the cost of borrowing in the fourth…
LONDON (Reuters) – The European Central Bank raised interest rates by an unprecedented 75 basis points on Thursday in an effort to tame runaway inflation. The ECB lifted its deposit…
FRANKFURT (Reuters) – The European Central Bank raised interest rates by an unprecedented 75 basis points on Thursday to tame runaway inflation, even as a recession is now increasingly likely…
(Reuters) – St. Louis Federal Reserve President James Bullard would prefer to lift interest rates by 75 basis points at the central bank’s next meeting later this month, telling the…
By Prerana Bhat and Indradip Ghosh BENGALURU – The Federal Reserve will deliver another 75-basis-point interest rate hike in July, followed by a half-percentage-point rise in September, and won’t scale…
(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said central bank officials are not “actively” considering a rate hike of three-quarters of a percentage point at coming monetary policy…
FIRST QUARTER RESULTS DRIVEN BY SIGNIFICANT DEPOSIT GROWTH, ROBUST LOAN GROWTH, AND A HIGHER CORE NET INTEREST MARGIN BOARD OF DIRECTORS DECLARES A $0.17 DIVIDEND PER COMMON SHARE HICKSVILLE, N.Y.,…
By Shrutee Sarkar BENGALURU – The Bank of Canada will raise its overnight interest rate by 50 basis points at its next policy meeting on April 13, according to a…
NEW YORK – Citigroup Inc said on Wednesday it is operating its Russian consumer business on a more limited basis following the country’s invasion of Ukraine, while sticking with its…
GLOUCESTER TWP, NJ – After stealing power tools from home improvement stores on a daily basis, police have captured their suspect. In the beginning of February 2022, the Gloucester Township…
BEIJING – China and the United States should address trade issues on the basis of mutual respect, the Chinese foreign ministry said on Monday, as U.S. officials urged Beijing to…
The pro-life Susan B. Anthony List launched a $2.5 million ad campaign Wednesday ahead of oral arguments at the Supreme Court for Dobbs v. Jackson Women’s Health. SBA List’s television…