raises rates by 25 basis points
The European Central Bank announced a new rate decision Thursday. Daniel Roland | AFP | Getty Images The European Central Bank on Thursday announced a new rate increase of a …
Prices
Fed meeting July 2023:
WASHINGTON – The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their highest level in more than 22 years. In a move …
Stock market today: Live updates
Traders on the floor of the NYSE, June 30, 2023. Source: NYSE The S&P 500 fell Wednesday as investors weighed a batch of corporate earnings from major technology names and …
Low Fed interest rates reshaped the U.S. economy; here’s what’s next
The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …
Asia markets mixed ahead of Fed rate decision; Australia inflation figures
View of the Yarra River flowing through Melbourne city centre in Australia. Loop Images | Universal Images Group | Getty Images Asia-Pacific markets were mixed as investors brace for the …
Here’s what to expect from the Federal Reserve meeting Wednesday
WASHINGTON, DC – JUNE 21: Federal Reserve Chairman Jerome Powell testifies before the House Committee on Financial Services June 21, 2023 in Washington, D.C. Powell testified on the Federal Reserve’s …
IMF raises global growth forecast despite China’s recovery ‘losing steam’
The International Monetary Fund on Tuesday raised its growth forecast for the global economy, turning slightly more positive despite slowing momentum from China. In the latest update to its World …
Stock market today: Live updates
Early in earnings season, companies are beating but their stocks are missing, JPMorgan says It’s early in the second quarter earnings reporting season but, so far, the majority of both …
A ‘momentous week’ ahead as the Fed, the ECB and the Bank of Japan reach a pivotal point
With the Bank of Japan maintaining its ultra dovish stance of negative interest rates, the rate differentials between the U.S. and Japan’s central bank will persist, said Goldman Sachs economists. …
Bidenomics spurred stronger GDP growth: Morgan Stanley
U.S. President Joe Biden gives a thumbs up as he walks with first lady Jill Biden to Marine One on the South Lawn of the White House July 14, 2023 …