Marketmind: Ready for a big bang U.S. rate hike?
A look at the day ahead in markets from Dhara Ranasinghe. An aggressive 50 basis point U.S. interest rate hike to contain inflation now appears like a no-brainer after the…
A look at the day ahead in markets from Dhara Ranasinghe. An aggressive 50 basis point U.S. interest rate hike to contain inflation now appears like a no-brainer after the…
By Ann Saphir and Lindsay Dunsmuir – Pressure increased on the Federal Reserve on Thursday to take a stronger stand against inflation after an unexpectedly large jump in U.S. consumer…
By Ann Saphir -Richmond Federal Reserve Bank President Tom Barkin on Thursday said he would be “conceptually” open to raising interest rates by a bigger-than-usual half-of-a-percentage point increment, but does…
By Gertrude Chavez-Dreyfuss NEW YORK -Federal funds rate futures on Thursday have boosted the chances of a half percentage-point tightening by the Federal Reserve at next month’s meeting after hawkish…
By Jonnelle Marte -The Federal Reserve will have to move faster than it has in the past to remove accommodation and tame inflation that is well above target, but it…
NEW YORK – It is time for the Federal Reserve to start removing accommodation and raising interest rates, but it is not necessary for the central bank to launch its…
TOMS RIVER, NJ – Toms River Mayor Maurice “Mo” Hill is doing a damage control tour after a recent property tax reassessment drove taxes up for many senior citizens on…
By Francesco Canepa FRANKFURT – The European Central Bank could end its stimulus programme earlier than planned but it is unlikely to raise its main interest rate in July as…
(Refiling to remove a redundant full stop in paragraph 11) By Kantaro Komiya TOKYO – Student budgets in Japan may come under pressure after Cup Noodle, a cheap meal long…
– St. Louis Federal Reserve President James Bullard on Tuesday said he favors lifting rates at the U.S. central bank’s meeting in March and likely again in May, but he…
By Wayne Cole SYDNEY – Australia’s central bank kept its cash rate at a record low of 0.1% on Tuesday and ended its A$275 billion ($194.40 billion) bond buying campaign…
– The Federal Reserve could supersize an interest rate increase to half a percentage point if inflation remains stubbornly high, Atlanta Fed President Raphael Bostic told the Financial Times in…
By Ann Saphir – The Fed will likely raise rates in March to tamp down on too-high inflation, Minneapolis Fed President Neel Kashkari said on Friday, but its actions after…
By Julie Gordon and Nichola Saminather OTTAWA – The Bank of Canada’s decision to delay a rate hike for five more weeks will add fuel to Canada’s scorching housing market…
TOMS RIVER, NJ – Toms River Mayor Maurice Hill set the stage to raise salaries for employees in his inner circle and confidential appointments. At Monday’s meeting, Council President Kevin…
The Federal Reserve will keep interest rates near zero, and it will begin its rate hike in mid-March, Federal Reserve Chairman Jerome Powell said Wednesday after the central bank’s two-day…
OTTAWA, Jan 26 – The Bank of Canada on Wednesday said economic slack had been absorbed, setting the stage for its first rate hike since 2018, and forecast inflation would…
By Anisha Sircar and Medha Singh – Meme stocks GameStop Corp and AMC Entertainment continued to fall out of favor for investors as fears of a faster rise in interest…
LONDON – Britain’s education minister Nadhim Zahawi said on Monday he still supported a tax hike due to come in from April, after a media report suggested that Prime Minister…
Thousands of people were arrested and over 150 were killed during the violent protests in Kazakhstan in early January in response to a sudden spike in gas prices, officials said.…
Senator Christopher Connors, Assemblyman Brian Rumpf and Assemblywoman DiAnne Gove are calling on Trenton to end automatic toll increases that commuters and businesses can no longer afford. In May of last…