It is important to shift the focus from the pace of interest rate rises to how high they need to be to bring inflation lower, but it is hard to Read more
Tag: interest
Gold, silver slide as dollar rises in wake of Fed’s 4th jumbo interest rate hike
Gold prices tumbled on Thursday, reversing a modest gain from the prior session, after the Federal Reserve delivered its fourth 75 basis point interest rate hike since the start of Read more
Bank of England interest rate hike is biggest in three decades, but dovish commentary hits the pound
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
Bitcoin outperforms Nasdaq after Fed posts another big interest rate increase
Bitcoin outperformed major U.S. stock indexes on Wednesday, though both assets slid after the Federal Reserve raised its benchmark interest rate by 0.75 percentage point, as expected, while investors and Read more
Stocks post back-to-back losses Tuesday ahead of Fed decision on interest rates
U.S. stocks finished lower Tuesday for a second straight session, with risk appetite waning a day before the conclusion of a two-day Federal Reserve meeting that is expected to produce Read more
BOJ raises inflation expectations, maintains ultralow interest rates
TOKYO — The Bank of Japan on Friday raised its inflation forecast by 0.6 percentage point amid increases in energy prices and a weak yen, but it left its ultralow 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
Opinion: When the stock market celebrates, the bond market spoils the party — because the Fed will raise interest rates to as high as 7%
There has been a similar scenario playing out all year in the markets. Signs appear that inflation is slowing — first in commodities, then in energy and now in manufacturing Read more
The ECB meets Thursday — here’s what to watch ahead of another jumbo interest rate increase
The Federal Reserve is far from the only central bank lifting rates in big steps. The European Central Bank on Thursday is expected to make its second consecutive jumbo sized Read more
Gold slips as traders anticipate more central-bank interest rate hikes
Gold and silver prices declined on Tuesday with precious metals prices anchored near their September lows despite relative softness in the U.S. dollar over the past two weeks. Price action Read more