Citigroup hikes U.S. equities to ‘overweight’, sees demand for growth stocks
– Citigroup upgraded U.S. equities to “overweight” rating on Thursday on analysts’ expectations of a revival in appetite for growth stocks due to a sharp …
hikes
Fed’s Barkin: Ukraine events not likely to change case for U.S. rate hikes
WASHINGTON – The Russian invasion of Ukraine probably won’t change the “underyling logic” behind the Federal Reserve’s plans to raise interest rates, but the impact …
Kazakhstan central bank hikes policy rate amid Ukraine crisis
ALMATY – Kazakhstan’s central bank hiked its policy rate to 13.5% from 10.25% on Thursday as the central Asian nation’s tenge currency sank alongside the …
Bank of Korea to pause rate hikes on Feb 24, resume in Q2: Reuters poll
By Devayani Sathyan and Tushar Goenka BENGALURU – The Bank of Korea will leave rates on hold on Thursday after back-to-back hikes at the previous …
Haiti hikes minimum wage by up to 54% following worker protests
PORT-AU-PRINCE – Haiti’s government on Monday hiked the minimum wage by as much as 54% following weeks of demonstrations by garment workers who say their …
Factbox-What global banks forecast for Fed rate hikes in 2022
– Major investment banks have penciled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the …
Factbox-What global banks forecast for Fed rate hikes in 2022
– Major investment banks have pencilled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the …
ECB’s Lane says no fixed size, frequency for rate hikes
FRANKFURT – The European Central Bank does not have to stick to a fixed size or frequency of interest rates hikes as these will depend …
Colombia inflation forecast higher in 2022, faster rate hikes seen – cenbank poll
By Nelson Bocanegra BOGOTA – Inflation estimates for Colombia this year rose and predictions of interest rate rises quickened among analysts polled in a central …
Kraft Heinz plans more price hikes as sales, earnings beat estimates
By Deborah Mary Sophia and Mehr Bedi -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to …
Canadian inflation hits fresh 30-year high in January, rate hikes loom
By Julie Gordon and Ismail Shakil OTTAWA -Canada’s annual inflation rate accelerated again in January to hit a fresh 30-year high at 5.1%, as food …
Fed’s Daly: Being too aggressive on rate hikes could be destabilizing
– Being too “abrupt and aggressive” with interest rate increases could be counter-productive to the Federal Reserve’s goals, San Francisco Federal Reserve Bank President Mary …
Mexico central bank hikes key rate, still hawkish under new leadership
MEXICO CITY -Mexico’s central bank on Thursday raised its benchmark interest rate as expected by 50 basis points to 6.00%, a sixth straight rate increase, …
CME profit tops views as investors ready for rate hikes, shares hit record high
By John McCrank NEW YORK – CME Group Inc on Wednesday reported a fourth-quarter profit that topped Wall Street expectations, helped by increased usage of …
U.S. banks outlook positive with loan growth and rate hikes in view
By Sinéad Carew – While U.S. bank stocks had a rocky start to the year, investors and analysts see accelerating loan growth and Federal Reserve …
U.S. rate hikes could hit highly dollarized emerging market banks – Moody’s
By Rodrigo Campos NEW YORK – Banks in Latin America and emerging Europe are most exposed to dollarization among developing economies, making them vulnerable to …
Fed to start rate hikes with a bang? Not likely
By Ann Saphir and Howard Schneider – Bigger-than-expected U.S. job gains last month are fueling market bets that the Federal Reserve will kick off its …
From Kisses to Kleenex, consumer-product makers plot additional U.S. price hikes
By Siddharth Cavale and Uday Sampath Kumar – From Hershey to Clorox and Kleenex maker Kimberly-Clark, major consumer-products companies have announced plans to boost U.S. …
Fed’s Bullard sees three successive hikes to start policy tightening
By Ann Saphir and Howard Schneider -St. Louis Federal Reserve President James Bullard on Tuesday said he favors starting the turn to tighter U.S. monetary …
Fed’s Barkin says pace of U.S. rate hikes depends on inflation
By Ann Saphir – How fast and far the U.S. Federal Reserve will raise interest rates once it begins doing so in March will depend …
Fed’s George: aggressive balance sheet reduction may allow for fewer rate hikes
By Jonnelle Marte -The Federal Reserve can move sooner to start reducing its bond holdings than in the past and aggressive action to shrink the …
Dutch telco KPN hikes dividend as earnings rise
AMSTERDAM -Dutch telecom company KPN announced on Monday a new share buyback program and a higher dividend over 2022, as its core profit rose on …
Republicans in Trenton blast Murphy, Democrats over Parkway, Turnpike toll hikes
TRENTON, NJ – New Jersey Republicans today blasted a Democrat-led agenda that would essentially strip the New Jersey Division of Rate Counsel of its primary …
New Jersey Democrats considered automatic 3% toll hikes on Parkway, Turnpike, AC Expressway
by Robert Singer LAKEWOOD, NJ – Senator Robert Singer called on Democrats to permanently stop an effort to enact automatic annual toll hikes on New …