– 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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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By Fergal Smith TORONTO – Canadian restrictions to tackle COVID-19 will likely come at a cost of slower economic growth at the start of the year than in the United …
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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. …
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By Gertrude Chavez-Dreyfuss NEW YORK – Futures on the federal funds rate on Wednesday have priced in a roughly 80% chance of a quarter-percentage-point rate hike by the Federal Reserve …
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MADRID – Rising inflation in the Eurozone will not be as temporary as initially expected, European Central Bank vice president Luis de Guindos said on Monday. “Our inflation is more …
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By Tim Hepher PARIS – Recent order wins by Airbus have strengthened the European planemaker’s case for raising production of its A320-family narrowbody jets beyond a firm target of 65 …
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By Gertrude Chavez-Dreyfuss NEW YORK -Futures on the federal funds rate on Wednesday have fully priced in a quarter-percentage-point tightening by the Federal Reserve by May next year after the …
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By Marco Aquino LIMA – Peru’s mining chamber lambasted on Monday a government proposal to raise taxes on the sector by at least 3 percentage points, saying it would put …
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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 …
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By Swathi Nair and Sarupya Ganguly BENGALURU – The Bank of Canada will raise interest rates by the end of the third quarter next year, according to nearly all economists …
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LIMA – Peru’s finance ministry said on Thursday that International Monetary Fund officials had concluded there is leeway in the country’s tax system for a reform to include higher taxes …
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MEXICO CITY – The Mexican government has agreed to increase the daily minimum wage next year by 22%, Mexican industry associations said on Wednesday, marking another step by President Andres …
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– U.S. Federal Reserve Chair Jerome Powell on Tuesday said that in coming months, the economy probably will have cleared the bar the Fed has set for raising interest rates …
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By Andrey Ostroukh MOSCOW – Russia’s central bank will consider raising its key interest rate by up to 100 basis points at its December rate-setting meeting, Governor Elvira Nabiullina said …
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LONDON – Euro zone money markets on Friday scaled back bets on a rate hike from the European Central Bank next year as news of a new coronavirus variant spreading …
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– U.S. equity funds faced an outflow in the week to Nov. 17 after six consecutive weeks of inflows as investors assessed prospects of early rate hikes by the Federal …
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By Shrutee Sarkar BENGALURU – The Federal Reserve will raise interest rates late next year, earlier than expected just a month ago, in a landmark shift from the emergency measures …
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By Howard Schneider WASHINGTON – The U.S. Federal Reserve for the past 20 months has put its monetary policy arsenal behind the single-minded goal of restoring U.S. employment particularly for …