By Xavier Fontdegloria Switzerland’s National Bank on Thursday increased interest rates for a third consecutive time in as many meetings, but slowed the pace of rises as inflation pressures moderated. Read more
Tag: basis
Bank of England matches Fed with 75 basis point hike in biggest move in three decades
The Bank of England made its largest interest-rate increase in three decades in response to inflation that the central bank still expects to accelerate. By a 7-to-2 vote, the U.K. Read more
ECB hikes interest rates by 75 basis points, taking deposit rate to 1.5%
The European Central Bank on Thursday lifted its key interest rates by 75 basis points, or 0.75 percentage point, as expected and said it would continue to hike rates in Read more
Europe’s negative interest rate era ends as Swiss National Bank makes 75 basis point hike
Switzerland’s National Bank on Thursday raised interest rates for the second time in as many meetings, catching up with other central banks as the country faces the highest inflation rate Read more
Swiss National Bank raises interest rates by 75 basis points
Switzerland’s National Bank on Thursday raised interest rates for the second time in as many meetings, catching up with other central banks as the country faces the highest inflation rate Read more
Swiss National Bank raises interest rates by 75 basis points
Switzerland’s National Bank on Thursday raised interest rates for the second time in as many meetings, catching up with other central banks as the country faces the highest inflation rate Read more
Any doubt Fed will raise rates by 75 basis points next week is gone after hot U.S. inflation data
Any doubt that the Federal Reserve will raise its its benchmark interest rate by 0.75 percentage point next week is gone, economists said, following the hot U.S. consumer price inflation Read more
Tesla shares up 2% premarket as they start trading on split-adjusted basis
Tesla Inc. shares TSLA, +0.22% were up 2.2% premarket Thursday, as they started trading on a split-adjusted basis, joining Alphabet Inc. GOOGL, -0.15%, Amazon.com Inc. amxn and other megacap companies Read more
U.S. stocks close higher as Bullard backs 75 basis point hike in September
U.S. stocks closed modestly higher on Thursday as investors digested more economic data and commentary from senior Federal Reserve officials. The S&P 500 SPX, +0.23% gained 9.70 points, or 0.2%, Read more
Nasdaq surges 4% in best day since 2020 as Fed delivers another 75 basis point rate hike
U.S. stocks closed sharply higher Wednesday, greeting the Federal Reserve’s latest rate hike with a torrid advance that saw the tech-heavy Nasdaq Composite clinch its biggest daily gain since April Read more
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